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Vivendi Universal Games Announces European Distribution Agreement With Majesco

Paris, February 17 2005. Vivendi Universal Games (VU Games), today announced a global distribution agreement with Majesco to distribute two of its most thrilling titles; BloodRayne 2® available for the PlayStation®2 computer entertainment system, the Xbox® video game system from Microsoft and PC, and Advent Rising® set for release on the Xbox® video game system from Microsoft and PC.

Under the terms of the agreement, VU Games will distribute the titles across Europe in the UK, France, Spain, Italy and Germany.

"This agreement with Majesco is a testament to VU Games' ongoing commitment to working with existing partners while remaining focused on gaming quality and broadening our portfolio," said Estelle Dubernard, VU Games' European Marketing Director. "With two great titles due for release in the next few months we look forward to a successful release for Advent Rising and BloodRayne 2 and also continuing our great work with Majesco."

"BloodRayne 2 has already been well received in North America while consumer and retail anticipation continues to build for Advent Rising. With VU Games now on board we look forward to seeing even greater success for Majesco in Europe." said Jason Dutton Vice President of Majesco Europe. "This continued partnership will ensure our games benefit from VU Games' excellent distribution network and sales and marketing abilities to bring these outstanding games to players across Europe."

About BloodRayne 2

Scheduled for European release late May and developed by Terminal Reality, BloodRayne 2 expands upon the distinctive features that were the hallmark of its predecessor. With fast-paced acrobatic combat and supernatural powers - BloodRayne 2 also includes new in-game dynamics such as pole combat, rail sliding and advanced melee fighting with fatality moves while still following the desperate story of BloodRayne a woman blessed with the powers of a vampire but cursed with the unquenchable thirst for blood. Built upon a modified version of the Infernal Engine, BloodRayne 2 introduces threatening new bosses, all new environments set within a huge modern day city, a range of new supernatural powers and new motion-captured movements complete with soft-body physics. For more information on the game, visit www.BloodRayne2.com

About Advent Rising

Advent Rising is the first in an epic trilogy of sci-fi action games for the Xbox ® video game system from Microsoft and PC. Working with award-winning science fiction author Orson Scott Card, developer GlyphX Games has created a gripping adventure that thrusts gamers into a continuously evolving series of sequences and events that unfold in an incredible intergalactic saga. In Advent Rising, players make decisions that effect not only what they experience in the first game, but the entire Advent trilogy.

Additional information about Advent Rising and the critically acclaimed 'making the game' documentary can be found at www.adventtrilogy.com.

About Vivendi Universal Games

Headquartered in Los Angeles, VU Games is a leading global developer, publisher and distributor of multi-platform interactive entertainment. Its development studios and publishing labels include Blizzard Entertainment, Sierra Entertainment, Fox Interactive and Massive Entertainment. VU Games' library of over 700 titles features multi-million unit selling properties such as Warcraft, StarCraft and Diablo from Blizzard; Crash Bandicoot, Spyro The Dragon, Ground Control, Tribes and Leisure Suit Larry.

About Majesco

Majesco Holdings Inc. (OTC BB: MJES), operating through its wholly owned subsidiary, Majesco Sales Inc., is a provider of diversified products and content for digital entertainment platforms. The Company's 2005 lineup includes the critically acclaimed Advent Rising, the first in a trilogy of action/adventure games; Tim Schafer's Psychonauts, a completely original and psychically warped action-platform game, as well as new offerings for its Game Boy® Advance Video product line, which has sold more than one million units to date. More information about the Company can be found online at www.majescogames.com.

Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries.

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