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Majesco Entertainment Invites Girls To Join The 'Hey Girls' Club In The Upcoming Holly Hobbie(TM) The The Nintendo DS(TM)

EDISON, NJ, February 21, 2007 -Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of digital entertainment products and content, today announced Holly Hobbie & Friends for the Nintendo DS. Developed by Frontline Studios, Inc. and scheduled to launch this fall, Holly Hobbie & Friends features the girl with heart, Holly Hobbie, and her best friends Carrie and Amy, as they take part in themed mini-games.

"With a growing licensed product line that includes DVDs, toys and craft books, the Holly Hobbie property is as popular as ever," said Ken Gold, vice president of Marketing, Majesco. "Our Holly Hobbie DS game offers a positive play experience for today's young girls while letting fans of the property interact with Holly on the go."

In Holly Hobbie & Friends, players will get to know Holly's family, her two best friends and their pets Bonnet, Doodles, Cheddar and Cider. Earning letters in the "H-E-Y G-I-R-L-S" club motto lets girls unlock additional mini-games including cooking, ice skating, biking, dancing, designing posters, organizing a sleepover and more. A Holly Hobbie Journal lets players record secret notes, drawings and high scores, while a Holly Pop Quiztests how well players know their Holly Hobbie Trivia.

For more information about Holly Hobbie & Friends as well as Majesco's exciting line of products, please visit www.majescoentertainment.com.

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 and the Wii console. Current product line highlights include Cooking Mama for the Nintendo DS, Bust-A-Move Bash! for the Wii console and JAWS Unleashed, as well as digital entertainment products like Strawberry Shortcake Dance Dance Revolution®. 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 our products and the gaming platforms on which our products operate; 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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