Mad Catz® Ships New Range of RAT™ Gaming Mice

SAN DIEGO, Oct. 17, 2016 -- Mad Catz Interactive, Inc. (“Mad Catz” or “the Company”) (NYSE MKT:MCZ), a global provider of innovative entertainment products, today announced that it has begun shipping its new and improved range of RAT gaming mice to retail.

Announced in August 2016, the entirely upgraded line of RAT mice — the RAT¹, RAT⁴, RAT⁶, RAT⁸ RAT^{PRO S+}, and RAT ^{PRO X+} — includes newly-installed sensors to improve the overall performance of user commands, including faster reaction times, new button configurations designed to better engage in game play and further enhance the feel and comfort of each mouse, and other new features including a bold new color scheme.  Additionally, mice in the new RAT line include:

• Dynamic Ergonomics — Various adjustments and customizations of key mouse components designed to accommodate different hand shapes and grip styles and improve the gaming experience and overall comfort of play;
• Kameleon RGB Technology — Integrated intelligent lighting provides multiple illumination zones enabling users to select up to 16.8 million color variations and apply various illumination effects; and
• FLUX Software Interface — Integrated software enables users to quickly and intuitively tune all aspects of the sensor, macro buttons, and RGB LEDs to meet their specific needs.

“The steady increment of features and performance throughout the new range, from the RAT¹ all the way to the RAT ^{PRO X+}, provides gamers and enthusiasts of all levels a choice of peripherals to match the level and overall sophistication of their gaming rig,” said Andrew Young, Chief Technology Officer of Mad Catz. “Whether it’s button switch life, sensor capability, programmable features, on-board memory or RGB lighting, the new range of RAT products proudly continues Mad Catz’ tradition of bringing together the best materials and components, highest level of engineering and latest technologies to deliver the key features, precision and customization that gamers seek.”

The enhanced RAT¹, RAT⁴, RAT⁶, and RAT⁸ are now available for purchase, and the RAT^{PRO S+} and RAT ^{PRO X+} are expected to ship by the end of the fiscal year.

For additional information on the new RAT range, including features specific to each RAT model and where to purchase a new RAT, please visit: http://www.madcatz.com/gamechanging

About Mad Catz
Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT:MCZ) is a global provider of innovative interactive entertainment products marketed under its Mad Catz® (gaming) and Tritton® (audio) brands. Mad Catz products cater to gamers across multiple platforms including in-home gaming consoles, handheld gaming consoles, Windows PC and Mac® computers, smart phones, tablets and other smart devices. Mad Catz distributes its products through many leading retailers around the globe. Headquartered in San Diego, California, Mad Catz maintains offices in Europe and Asia. For additional information about Mad Catz and its products, please visit the Company’s website at www.madcatz.com.

Social Media

https://www.facebook.com/MadCatz.Global

http://twitter.com/MadCatz

http://www.youtube.com/MadCatzCompany

Cautionary Note Regarding Forward-Looking Statements
Information in this press release that involves the Company's expectations, business prospects, plans, intentions or strategies regarding its future are forward-looking statements that are not facts and that involve substantial risks and uncertainties. You can identify these statements by the use of words such as “seek,” “anticipate,” “plan,” “estimate,” “expect,” “believe” and “intend” and statements that an event or result “may,” “will,” “should,” “could” or “might” occur or be achieved and other similar expressions together with the negative of such expressions.  These forward-looking statements reflect management’s current beliefs and expectations and are based on information currently available to management, as well as its analysis made in light of its experience, perception of trends, current conditions, expected developments and other factors and assumptions believed to be reasonable and relevant in the circumstances. These assumptions include, but are not limited to, continuing demand by consumers for video game systems and accessories, the ability to maintain or extend our existing licenses, the ability to continue producing and selling our products in accordance with various intellectual property that might apply to said products, the continuance of timely and adequate supply from third party manufacturers and suppliers, the continued satisfaction of our obligations under our existing loan agreements and any future loan agreements we may obtain. A further list and description of these and other factors, risks, uncertainties and other matters can be found in the Company's most recent annual report, and any subsequent quarterly reports, filed with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators. Forward-looking statements are not guarantees of future performance or outcomes and actual results could differ materially from those expressed or implied by the forward-looking statements. We assume no obligation to update or alter such forward-looking statements whether as a result of new information, future events or otherwise except as required by law.

Mad Catz, the Mad Catz logo, and RAT are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies. All other marks are the property of their owners.

Mad Catz Communications:
US PR:
Dalin Cienfuegos
Regional Marketing Manager
[email protected] or +1 (858) 790-5069

European PR:
Sabrina Breuss
Senior Manager, Marketing and Partner Relations
[email protected] or +49 8954675734

Dave McKeon
Chief Financial Officer
[email protected] or +1 (858) 790-5045

Investor Relations:
Joseph Jaffoni, Norberto Aja, Jim Leahy
JCIR
[email protected] or +1 (212) 835-8500