Mad Catz® Announces “Designed for Samsung” Mobile Gaming Products at Mobile World Congress

SAN DIEGO, Feb. 23, 2016 -- Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT:MCZ) (TSX:MCZ), a global provider of innovative entertainment products, today announced the details of its mobile gaming controllers under the Designed for Samsung (“DFS”) Program.

As an official partner in the DFS Program, Mad Catz will introduce, alongside the much anticipated debut of the Samsung Galaxy S7^™ and Samsung Galaxy S7^™ edge smartphones, DFS-compatible versions of its acclaimed Micro C.T.R.L.^R™ Mobile Gamepad and S.U.R.F.^R™ Wireless Media and Game Controller at the 2016 Mobile World Congress in Barcelona, Spain. With the debut of these products, Mad Catz will become the first company to offer traditional video game controller hardware under the DFS Program. 

Consumers can expect to unleash the full gaming power of their Samsung^® smartphone or tablet with the Mad Catz Micro C.T.R.L.^R Mobile Gamepad and streamline command of all of their Android-powered devices with the Mad Catz S.U.R.F.^R Wireless Media and Game Controller. Additional shortcut buttons will also be enabled for the latest generation devices.

The Micro C.T.R.L.^R provides a console-quality gaming experience for mobile devices, ideal for today’s increasingly popular controller-compatible mobile games. Featuring dual analog sticks, a responsive D-Pad, and shoulder and action buttons, the Micro C.T.R.L.^R delivers all of the features gamers demand, in a gamepad that’s 20% smaller than a full-sized controller. Three modes of play provide multi-platform accessibility – including mobile gaming, PC gaming and a mouse mode – that enable users to easily navigate on-screen menus. When connected to supported Samsung devices, enhanced features allow gamers to access dedicated controls for recent apps, media and volume as well as navigating on-screen menus.

S.U.R.F.^R, the ultimate multimedia surfer and game controller from Mad Catz, streamlines command of the Samsung Galaxy S7 and Galaxy S7 edge Smartphones, Tablet or Android-powered media streaming device. Users can now play games, control media, navigate the web and input text, all with one compact device. Featuring true gamepad controls, a full QWERTY keyboard and a full suite of multimedia controls, the S.U.R.F.^R puts favorite media right at users’ fingertips. Rigorously tested to meet Samsung performance standards, the S.U.R.F.^R includes expanded navigation and shortcut features for supported Samsung devices. With one-touch hot keys, users can access recent apps, search the phone for desired content, access multi-window view, snap a screen capture and more!

“Samsung has vastly improved the way Android users connect with one another and utilize their mobile devices and, via this partnership Mad Catz, will provide Samsung Mobile consumers the opportunity to enhance their gaming and multi-media experiences,” said Andrew Young, Chief Technology Officer of Mad Catz. “We are proud to be a part of that ongoing innovation by supporting the DFS Program through our world-class GameSmart^™ mobile gaming products.”

“With the introduction of the game-changing Samsung Galaxy S7, mobile gaming is poised to experience strong growth as additional mobile games are developed with controller support. Our DFS-enabled GameSmart products, including the Micro C.T.R.L.^R and S.U.R.F.^R, will deliver features and functionality that take full advantage of Samsung smartphone and tablets, as well as other Bluetooth^® enabled connected devices. In addition, the DFS Program will allow us to display a ‘Designed for Samsung’ logo on packaging, helping to communicate to consumers the seamless compatibility between GameSmart products and Samsung smartphones and tablets.”

For more information or to pre-order, please visit: www.madcatz.com/DFS

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

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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, GameSmart, C.T.R.L.^R and S.U.R.F.^R are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies. All other marks are the property of their owners.

Mad Catz Communications:
Alex Verrey
Global PR and Communications Director
[email protected] or +44 (0) 1633 883 133

Dave McKeon
Chief Financial Officer
[email protected] or +1 (858) 790-5045

Investor Relations:
Joseph Jaffoni, Norberto Aja, Jim Leahy
JCIR
[email protected] or +1 (212) 835-8500