Mad Catz® Signs Deal with Dovetail Games for the Retail Distribution of Microsoft Flight Simulator X: Steam Edition

Mad Catz to Distribute Boxed Version at Retail and E-Tail in the Americas, Russia and Asia Pacific under its Saitek Brand

SAN DIEGO--(BUSINESS WIRE)-- Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) announced today that it has reached agreement with Dovetail Games for the retail and e-tail distribution of the boxed version of Microsoft’s immensely popular Flight Simulator X: Steam Edition (“FSX: Steam Edition”). Mad Catz will distribute this version under its Saitek brand, which is the world’s leading hardware simulation producer. Mad Catz anticipates the product to be available at retail by late spring with pre-orders beginning immediately.

“Our Saitek brand has long been recognized as the leader in simulation technology, and distributing FSX: Steam Edition allows consumers a one-stop-shop for their flight simulation software and hardware needs,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. “Whether you’re an experienced pilot or just want to fly, FSX: Steam Edition provides a great experience.”

“We have seen impressive sales performance with FSX: Steam Edition since its digital launch in late 2014,” said Duncan Best, Vice President, Retail and Consumer Marketing at Dovetail Games. “As we continue to invest in and grow the hobby, Mad Catz is the perfect partner to help us with this, drawing on its extensive experience in the flight simulation peripherals market and its strong global distribution network.”

Microsoft Flight Simulator X: Steam Edition delivers an authentically accurate aerial experience for simulation enthusiasts and those with a passion for all things flight. Pilots can climb into the cockpits of over twenty aircraft, from commercial and fighter jets to single-engine private planes and helicopters.

More than 80 missions will test players in a variety of ways, including search and rescue challenges, test pilot scenarios, races and more. The game features updated multiplayer functionality, Windows 8.1 support and over 24,000 airports, delivering a beautiful, connected world and vast horizon begging to be explored.

For further information, or to pre-order, please visit: http://www.saitek.com/fsxsteam.

About Mad Catz

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed under its Mad Catz® (gaming), Tritton® (audio), and Saitek® (simulation) brands. Mad Catz products cater to passionate gamers across multiple platforms including in-home gaming consoles, handheld gaming consoles, Windows® PC and Mac® computers, smart phones, tablets and other mobile devices. Mad Catz distributes its products through its online store as well as distribution via 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.

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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 "anticipate," "estimate," "expect," "project," "intend," "should," "plan," "goal," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause the Company’s actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first-party price reductions; availability of capital under our credit facility; commercial acceptance of new in-home gaming consoles; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; unanticipated product delays; or a downturn in the market or industry. 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. The forward-looking statements in this release are based upon information available to the Company as of the date of this release, and the Company assumes no obligation to update any such forward-looking statements as a result of new information or future events or developments. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of the Company and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

Mad Catz, the Mad Catz logo, and Saitek 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150519005509/en/

Mad Catz Communications:
Alex Verrey, +44 (0) 1633 883 133
Global PR and Communications Director
[email protected]
or
Karen McGinnis, +1 (858) 790-5008
Chief Financial Officer
[email protected]
or
Investor Relations:
JCIR
Joseph Jaffoni, Norberto Aja, Jim Leahy
+1 (212) 835-8500
[email protected]

Source: Mad Catz Interactive, Inc.

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