Mad Catz Announces the F.R.E.Q. TE 7.1 Surround Sound Gaming Headset

SAN DIEGO, Sept. 17, 2015 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT: MCZ) (TSX: MCZ) announced today the F.R.E.Q.TE 7.1, a new tournament quality 7.1 Surround Sound PC Gaming Headset, offering advanced levels of audio personalization and compatibility with gaming consoles and smart devices.

Expected to ship in time for Holiday 2015, the F.R.E.Q.TE 7.1 is part of the Company's Tournament Edition range of high performance gaming products, designed in conjunction with eSports athletes to withstand the stress of tournament play and deliver a competitive edge when gaming at a professional level.

Connecting via standard USB, the F.R.E.Q.TE 7.1 features advanced audio customization software which places the gamer at center stage and fully in control of their audio environment. The 7.1 surround sound engine delivered through 50mm drivers provide the player with a full 360 degrees of positional awareness, while a removable boom microphone with dual chat mic system works to cancel out environmental background noise and boost the clarity of the player's voice to teammates.

Mad Catz proprietary surround sound software allows gamers to alter, improve and personalize their audio to their liking by creating customized EQ profiles for all of their favorite media. Through audio enhancement, the clarity and previously lost audio details common to compressed audio are restored, while Dynamic Bass mode boosts low frequency response, relaying every explosion and shot with powerful precision. Voice Enhancement mode isolates and improves the clarity of voice frequency in VOIP or media, and when in VOIP mode, the Voice Effects feature even allows gamers to alter the sound of their own voice.

Designed for extended play sessions, the F.R.E.Q.TE 7.1 surrounds the player in comfort with luxurious memory foam earcups and a padded headrail. Not just for PC gaming, with the included 3.5 mm cable, the F.R.E.Q.TE 7.1 is compatible with the latest HD gaming consoles and most multi-media players, allowing gamers to enjoy their favorite games, movies, music and more in crystal clear surround sound. Simple on-ear controls put volume, mic and "call/answer" functionality at your fingertips.

"Our Tournament Edition range is designed for passionate gamers who demand high-performance products that can withstand the rigors and stress of tournament conditions," said Darren Richardson, President and Chief Executive Officer of Mad Catz Interactive, Inc. "In-game audio is vital to the performance of the player, and we believe that our F.R.E.Q.TE 7.1 will offer the competitive edge eSports and competitive gamers need to stay ahead of the competition."

For additional information on the F.R.E.Q.TE 7.1 please visit:

http://store.madcatz.com/Mad-Catz-F-R-E-Q-TE-7-1-Stereo-Surround-Headset-for-PC

About Mad Catz

Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT: MCZ) (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, F.R.E.Q., F.R.E.QTE and F.R.E.Q.TE 7.1 are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies. All other company and product names may be trademarks of their respective owners.

CONTACT: Mad Catz Communications:
         Alex Verrey
         Global PR and Communications Director
         [email protected] or +44 (0) 1633 883 133

         Karen McGinnis
         Chief Financial Officer
         [email protected] or (858) 790-5008

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

Source: Mad Catz Interactive, Inc.

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