Evolution Asia-Pacific Tournament

San Diego, May 27. 2010

Mad Catz® Interactive, Inc. (“Mad Catz” or “the Company”) (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider today announced that Team Mad Catz player ‘Daigo “The Beast” Umehara’ will be participating in the upcoming Evolution Asia-Pacific Tournament. The EVO APAC 2010 Championship Series Tournament will take place from Saturday May 29 through to Sunday May 30 in Sydney, Australia.

The Evolution Championship Series (EVO) represents the largest and longest-running international fighting game tournament in the world. Home to the world’s most skilled gamers, EVO is an exhibition of skill as gamers and fans gather to honor the competitive spirit in an open format and determine a champion.

The Evolution Asia-Pacific (EVO APAC) tournament is an international extension of the EVO Championship Series. Organized in conjunction with ‘OzHadou’, a website dedicated to the Australian fighting game community, EVO provides an opportunity for gamers around the globe to meet on neutral ground and participate in the EVO experience.

The winner of the EVO APAC 2010 tournament will be awarded a paid trip to EVO 2010 taking place in July 2010 at Caesar’s Palace, Las Vegas USA.

Regarded as one of the world’s most esteemed Street Fighter™ players, Daigo “The Beast” Umehara has amassed a range of high profile tournament victories, with repeat SBO and EVO titles amongst them. As defending EVO 2009 Street Fighter IV World Champion, EVO APAC marks the first step on Daigo’s path to defending his EVO crown. During the event, Daigo will compete using the Mad Catz Super Street Fighter™ IV Arcade FightStick: Tournament Edition “S”, Daigo’s FightStick of choice when competing at a professional level.

For further information on Daigo “The Beast” Umehara, please visit: www.daigothebeast.com

For further information please contact:

Media

Alex Verrey: Global PR & Communications Manager

t. +44 (0) 1908 336 538

e. averrey@madcatz.com

Michael Greco: Vice President of Marketing

t. +1-619-321-3564

e. mgreco@madcatz.com

Investors

Stewart Halpern: Chief Financial Officer

t. +1-619-321 3550

e. shalpern@madcatz.com

Joseph Jaffoni, Norberto Aja and Jim Leahy

Jaffoni and Collins Incorporated

t. 212/835-8500

e. mcz@jcir.com

About Mad Catz Interactive, Inc.

Mad Catz is a leading global provider of innovative products for the interactive entertainment industry. Mad Catz develops and markets accessories for videogame systems and PCs under its Mad Catz (casual gaming), Saitek (simulation), Cyborg (pro gaming) Eclipse (home and office) brands. Mad Catz also operates e-commerce and content websites for videogame and PC products under its GameShark brand, develops, manufactures and markets proprietary earphones under its AirDrives brand, and publishes and distributes video/PC games. Mad Catz distributes its products through most of the leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia. For additional information please go to www.madcatz.com, as well as www.store.gameshark.com, www.saitek.com, www.cyborggaming.com, www.eclipsetouch.com, www.gameshark.com and www.airdrives.com.

Safe Harbor for Forward Looking Statements: This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments. You can identify these statements by the fact that they use 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 actual results to differ materially are the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first party price reductions; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; or a downturn in the market or industry. A further list and description of these risks, uncertainties and other matters can be found in the Company's reports filed with the Securities and Exchange Commission and the Canadian Securities Administrators

###