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'Nancy Drew(TM)' Makes Her Debut On The Nintendo DS(TM) As Majesco Entertainment Announces 'Nancy Drew™ and The Deadly Secret of Olde World Park'

FOR IMMEDIATE RELEASE

Bristol, U.K, February 7th, 2007 - The world's most recognizable teen sleuth unravels an interactive mystery in Nancy Drew and The Deadly Secret of Olde World Park, a new game for the Nintendo DS from Majesco Entertainment Company (NASDAQ: COOL). Developed by Gorilla Systems Co. and scheduled for worldwide release later this year, Nancy Drew lets fans become the world's most recognizable teen detective in a Touch Screen based adventure.

"Today's Nancy Drew is a very strong, female lead heroine whose independence and perseverance make her an excellent role model," said John Merchant, European Marketing Manager. "Our new Nintendo DS game captures the spirit of this classic character and brings Nancy to life in an interactive, graphic novel inspired world."

In Nancy Drew and The Deadly Secret of Olde World Park, players assume the role of the teenage super sleuth as she works to solve the mystery of the missing billionaire, Thaddeus Belmont. Players must collect clues, decipher puzzles, follow suspects, sneak into areas and much more as they use their deductive reasoning skills to progress through 15 increasingly difficult chapters. Touch Screen play is incorporated into unique conversation and unlocking mini-games, but players will also use the stylus in Nancy's Clue Journal to access maps, inventory and tasks.

For more information about Nancy Drew as well as Majesco's exciting line of products, please visit www.majescoentertainment.com.

About Simon & Schuster

Simon & Schuster, a part of the CBS Corporation, is a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic, and audio formats. Its divisions include Simon & Schuster Adult Publishing, Simon & Schuster Children's Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, and the United Kingdom. For more information, visit our website at www.simonsays.com.

About Majesco Entertainment Company

Headquartered in Edison, NJ, with an international operation based in Bristol, UK, 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.

Nancy Drew is a Trademark of Simon & Schuster, Inc., and is used under license. Nancy Drew books and characters are owned by Simon & Schuster, Inc. All rights reserved.

International PR enquiries:

John Merchant - Majesco Europe

+44 (0) 117 373 6151

jmerchant@majescoentertainment.com

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