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San Diego – November 08, 2011 – Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today that it has been named an International CES Innovations 2012 Design and Engineering Awards Honoree, receiving four nominations across multiple brands.

Products nominated are the TRITTON Xbox 360® Warhead 7.1 Wireless Surround Headset, the Mad Catz Major League Gaming® (MLG) Pro Circuit Controller, the Cyborg R.A.T.7 Albino Gaming Mouse and the new Cyborg M.M.O.7 Gaming Mouse.

“We are honored that four of our premium products have been nominated for this prestigious award,” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc.  “These nominations highlight the continued success of our strategy to create innovative products for passionate consumers.”

Nominated products are judged by a panel of independent industrial designers, engineers and members of the media and honor outstanding design and engineering in consumer electronics products across 32 product categories.

Nominated products will be displayed at the 2012 International CES, which runs January 10-13, 2012 in Las Vegas, Nevada and at CES Unveiled: the Official Press Event of the International CES from 4-7 p.m. on Sunday, January 8 in the Venetian Ballroom of the Venetian.

More information about the products nominated can be found at: http://www.madcatz.com/ces/awards/

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), Cyborg™ (pro gaming), Tritton® (gaming audio), Saitek® (simulation), and Eclipse™ (home and office) brands.  Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; 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.

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Safe Harbor

This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments. You can identify these statements by the fact that they use 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 actual results to differ materially are the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first party price reductions; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; or a downturn in the market or industry. A further list and description of these risks, uncertainties and other matters can be found in the Company's reports filed with the Securities and Exchange Commission and the Canadian Securities Administrators.

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