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Powerbike

Two-wheeled races, stunts and police chases from Tornado Studios, arriving on the DS early next year.

FOR IMMEDIATE RELEASE

BRISTOL, U.K. August 18, 2008 – It’s time to rev the engine, kick the clutch and gun it to the finish line as Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, today announced Powerbike for Nintendo DS™. Developed by Tornado Studios, Powerbike is an intense motorcycle racer that features death-defying stunts, intense police chases and competitive multiplayer modes.

The perilous world of street racing is about to get a whole lot more exciting with the release of Powerbike! When an anonymous sponsor offers the resources to compete with the best street racers in the world, the only thing left to do is jump on your bike and show everyone who is boss. Speed through dangerous streets and jump trains, bridges and traffic congestion while fleeing from the cops on eight challenging courses across the desert, city, shipyard and more. Riders can earn even more cash by performing jumps, burnouts, wheelies and drifts in Stunt Mode. Go head-to-head with friends via local DS multiplayer in both Race and Stunt Mode, and use your hard earned cash to upgrade your bike’s speed, acceleration, traction and stability in three different difficulty modes.

Powerbike for Nintendo DS™ is expected to release in Europe in 2008. For additional information about Majesco’s exciting line of products, please visit: www.majescoentertainment.com and www.majescoeurope.com.

About Majesco Entertainment Company

Majesco Entertainment Company is a provider of video games for the mass market. Building on 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Nancy Drew™, Cooking Mama™ and Cake Mania® 2 for Nintendo DS™ and Cooking Mama: Cook Off for Wii™. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK.

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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Contact: John Merchant

Majesco Europe

+44 117 373 6151

jmerchant@majescoentertainment.com

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