Mad Catz® Announces Sponsorship Agreement With AeroShell® Aerial Aerobatic Team

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PRESS RELEASE

Number One North American Aerial Acrobatic Team to Promote Saitek® Simulation Brand and Forthcoming Damage Inc. TM Pacific Squadron WWIITM Video Game

San Diego - March 30th, 2012 - Mad Catz Interactive, Inc. ("Mad Catz") (AMEX/TSX: MCZ) announced today the sponsorship of AeroShell® North Americas' number one aerial aerobatic display team.

As part of the sponsorship agreement, members of the AeroShell team will be appearing alongside 
Mad Catz helping to promote their popular range of Saitek branded pro-flight products, as well as building awareness and anticipation for the Company's forthcoming Damage Inc. Pacific Squadron WWII video game.

Working with Mad Catz, AeroShell are expected to appear at various North American flight shows, signing autographs and entertaining the crowds, beginning at the Sun n' Fun show taking place in Lakeland, Florida from March 27th through April 1st 2012.

In addition, Mad Catz will be raffling off the opportunity for enthusiasts to win an exclusive VIP ride-along experience, enabling lucky winners to take to the skies in the back seat of a WWII AT-6 single-engine aircraft.

Mad Catz look forward to welcoming visitors to their stand at the Sun n' Fun show.

Additional information is available at www.teammadcatz.com/aeroshell.

About Mad Catz

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed primarily under its Mad Catz® (casual gaming), CyborgTM (pro gaming), Tritton® (gaming audio), Saitek® (simulation), and EclipseTM (home and office) brands.  Mad Catz also develops flight simulation software through its internal ThunderHawk StudiosTM; operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark® brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties.  Mad Catz distributes its products through most leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia.  For additional information please go to www.madcatz.com.