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BOOST YOUR BRAIN POWER! MAJESCO ENTERTAINMENT ANNOUNCES TWO NEW BRAIN STIMULATION GAMES

Dr. Makoto Shichida's 'Right Brain Development Theory' Foundation For 'Brain Boost: Beta Wave' and 'Brain Boost: Gamma Wave'

Edison, N.J., September 21st, 2006 - Want to improve your basic thinking skills and cognitive reaction time? Then Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of digital entertainment products and content, may have the two perfect games for you: Brain Boost: Beta Wave and Brain Boost: Gamma Wave. Both Brain Boost games are being developed under the consultation of renowned researcher and author, Dr. Makoto Shichida, creator of the Right Brain Development Theory.

"Each Brain Boost game offers a completely different set of fun, yet challenging, brain training problems that are designed to enhance your mental acuity," said Ken Gold, vice president of Marketing, Majesco Entertainment. "We believe a growing number of consumers are looking for more diversified game play experiences and the Brain Boost games will help attract a new audience to the category."

Both games focus on improving memory, concentration and judgment through progressively difficult brain training games where speed and accuracy count. Brain Boost: Beta Wave focuses on stimulating parts of the right brain that are often associated with active concentration and busy thinking. Brain Boost: Beta Wave includes Find a Match, Shape Recognition, Addition, Remember Sequence and Moving Dots training games.

The brain's gamma waves appear to be involved in higher mental activity, including perception and problem solving. As such, Brain Boost: Gamma Wave includes training games for remembering Circumstances, Faces, Images, Numbers and Colors.

Developed by Interchannel-Holon Inc, both Brain Boost: Beta Wave and Brain Boost: Gamma Wave are scheduled to ship in November for a suggested retail price of $19.99. For more information, please visit www.majescoentertainment.com.

About Dr. Makoto Shichida & Right Brain Development Theory

Chairman of the Shichida Educational Institute, Dr. Makoto Shichida has been extensively researching development of the right brain for years. His findings have been acknowledged worldwide and his theory is put into practice at over 400 schools throughout Japan. The right brain generally dominates the recognition of images/shapes/spatial patterns, illustrations, music, intuition and emotions. In essence, Shichida's Right Brain Development Theory revolves around the practice of daily repeated drills of viewing shapes and colors, absorbing large amounts of information quickly and being able to then accurately reproduce those images visually. The repeated stimulation activates the right brain and heightens its potential.

About Majesco Entertainment Company

Headquartered in Edison, NJ, Majesco Entertainment Company (NASDAQ: COOL) is an innovative provider of digital entertainment products and content, with a focus on publishing video games for leading portable systems such as the PSP® (PlayStation®Portable) system, Nintendo DS and Game Boy® Advance. Current product line highlights include Cooking Mama for the Nintendo DS, Guilty Gear Judgment for the PSP® (PlayStation®Portable) system and JAWS Unleashed, as well as digital entertainment products like Frogger® TV Arcade. Majesco also offers Game Boy® Advance Video versions of the beloved DreamWorks Animation movies Shrek, Shrek 2 and Shark Tale. More information about Majesco can be found online at www.majescoentertainment.com.

Safe Harbor

Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; our ability to complete and release our products in a timely fashion; competitive factors in the businesses in which we compete; continued consumer acceptance of the gaming platforms on which our products operate and our products; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

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