Mad Catz(R) Announces The TRITTON(TM) Katana(TM) HD 7.1 Wireless Headset for Gaming Consoles, PC, Smart Devices and HDMI(TM) Audio Sources

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SAN DIEGO, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT:MCZ) (TSX:MCZ) announced today the TRITTONKatanaHD 7.1 Wireless Headset, a revolutionary new gaming headset and the world's first to draw its audio signal directly through HDMI to deliver eight channels of uncompressed sound for pure high definition audio quality. With near-universal compatibility across today's gaming consoles, PCs and smart devices, the KatanaHD features state-of-the-art DTS Headphone:X audio technology that faithfully recreates the spatially accurate immersive sound experience from your favorite game. Whether your enemies are flanking or surrounding, you will hear them before you see them. Headphone:X technology allows gamers to immerse themselves in games, movies and music, as if they were actually there.

The Company also announced today that the TRITTONKatanaHD 7.1 Wireless Headset received the distinguished CES 2016 Innovations Award Honoree for outstanding design and engineering in Gaming and Virtual Reality and will be featured during CES 2016 at Innovation Awards Showcase.

Designed as the new flagship in the TRITTON high performance gaming audio range, the Katana HD provides gamers with unparalleled audio immersion via oversized 50 mm drivers and crystal clear interference-free chat through an omnidirectional boom mic. Featuring Selectable Voice Monitoring (SVM), the removable and adjustable mic is designed to pick up only the designated audio sources and either delete or enhance the gamer's voice. Fully wireless chat is a reality on Katana HD if playing on PS4, PS3, or PC, and when playing on Xbox One, a pass-through port is ready to accept the included 3.5mm to 3.5mm chat cable.

"Providing gamers with first-to-market audio technology and an immersive sound experience via DTS Headphone:X technology, the wireless KatanaHD delivers unrivaled sound quality to today's passionate gamer," said Darren Richardson, President and Chief Executive Officer of Mad Catz. "With a focus on multiplatform accessibility, personalization and chat options, we feel that Katana HD has the ideal combination of new technology and high-end features to stand out from the competition and make a significant contribution to our audio category sales."

For additional information on the TRITTONKatana7.1 HD Wireless Headset please visit:

http://store.madcatz.com/Tritton-Katana-7-1-HD-Wireless-Surround-Headset-for-Consoles

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

About DTS, Inc.

Since 1993, DTS, Inc. (Nasdaq: DTSI) has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.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, TRITTON and Katana 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         averrey@madcatz.com or +44 (0) 1633 883 133         Karen McGinnis         Chief Financial Officer         kmcginnis@madcatz.com or (858) 790-5008                  Investor Relations:         Joseph Jaffoni, Norberto Aja, Jim Leahy         JCIR         mcz@jcir.com or (212) 835-8500
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