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Mad Catz® proves small can be powerful with the L.Y.N.X.™ 3 mobile wireless controller

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PRESS RELEASE

Compact GameSmart Controller Delivers Full-Size Comfort, Compact Form Factor to Mobile Gamers

San Diego – March 02, 2015 – Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) announced today the L.Y.N.X.Mobile Wireless Controller, a highly-compact mobile game controller designed to deliver precision gaming control and outstanding value.

An ideal entry-level controller for the modern mobile gamer, the L.Y.N.X.is expected to begin shipping in Spring 2015 and complements the newly-announced, award-winning L.Y.N.X.hybrid mobile controller. Designed for those who value performance combined with lightweight portability, the L.Y.N.X.retains the transformative patent-pending design qualities of the L.Y.N.X. 9, delivering a full-size console-style controller which folds up during travel to an extremely compact footprint.

“We’re thrilled with the attention the L.Y.N.X.has garnered and proud of the multiple ‘Best of CES’ awards received when we unveiled the new controller in January 2015. We’re excited to now introduce the L.Y.N.X.as the newest member in the L.Y.N.X. range - a new mobile gaming controller designed to convey the same striking looks and Bluetooth® technology, at a price point which we believe will resonate strongly with passionate mobile gamers,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. “We expect that mobile gaming will see strong growth in 2015, and we believe our strategy of offering console-quality controllers for every budget will allow our GameSmart range to contribute positively to our sales in fiscal 2016.”

The L.Y.N.X. 3 features a removable mobile clip for docking a smartphone when on the move and a full complement of analog thumbsticks, action buttons and trigger controls, allowing core gamers to feel instantly at home. In addition, gamers are encouraged to download the companion L.Y.N.X. app which will unlock additional functionality and keep gamers up to date with compatible software.

The L.Y.N.X. 3 will debut March 1, 2015, at MobileFocus Global 2015 in Barcelona, and will be on display the next day at the Mobile World Congress, also in Barcelona, at the Silicon Image®/MHL® booth, hall 7, number 7F31.

For additional information please visit: http://madcatz.com/gamesmart_lynx_3/

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.