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Mad Catz® Selects AM3D® Audio Enhancement Technology for Use In New Range of Wireless Gaming Headsets

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PRESS RELEASE

State-of-the-Art Audio Technology Delivers Virtual Surround Sound over Bluetooth®

San Diego - May 30, 2013 - Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT: MCZ) announced today an agreement with AM3D to utilize AM3D Audio Enhancement Technology across a new range of GameSmartTM enabled wireless Gaming Headsets.

AM3D Audio Enhancement Technology will enable wireless GameSmart headsets to deliver precision surround sound audio over Bluetooth.  AM3D Virtual Surround Sound is based on binaural synthesis using head-related transfer functions (HRTF) to create virtual sound sources, providing an accurate audio sound stage during gaming.

With a 2.0 channel input (stereo or multi-channel down-mix), the signal is enhanced to produce a multi-channel-like surround sound signal, delivering profound surround sound perception and an enhanced center; optimum for gaming as well as movie and music playback.

Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. stated, "We believe the audio technology provided by AM3D will prove ideal for use in gaming applications, allowing us to deliver precision surround sound via Bluetooth on our GameSmart range of mobile accessories."

"AM3D is pleased to partner with Mad Catz as both companies are very passionate about improving the gaming experience with superior sound," stated Jacob N. Andersen, Senior Vice President, AM3D A/S.        

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), Tritton® (audio), and Saitek® (simulation) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk StudiosTM; operates flight simulation centers under its Saitek 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.

About AM3D A/S

AM3D A/S provides world-class audio technology. AM3D delivers software solutions for audio enhancement and 3D audio for mobile phones and other portable devices, in-car and home entertainment systems and for mission-critical applications. We hold several patents on audio technologies. Visit www.am3d.com.