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8-K - FORM 8-K - MAD CATZ INTERACTIVE INC | a58422e8vk.htm |
Exhibit 99.1
News Announcement
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For Immediate Release |
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Contact: |
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Darren Richardson, Allyson Vanderford
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Joseph Jaffoni, Norberto Aja, Jim Leahy | |
Chief Executive Officer, Interim CFO
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Jaffoni & Collins Incorporated | |
Mad Catz Interactive, Inc.
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(212) 835-8500 or mcz@jcir.com | |
(619) 683-9830 |
MAD CATZ SETS FEBRUARY 9, 2011 AS FISCAL THIRD
QUARTER REPORTING DATE
QUARTER REPORTING DATE
- REITERATES FISCAL 2011 FINANCIAL TARGETS -
San Diego, CA January 19, 2011 Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), a leading
third-party interactive entertainment accessory provider, announced today that it will release its
fiscal 2011 third quarter results on Wednesday, February 9, 2011, after the market closes, and will
host a conference call and webcast that same day at 5:00 p.m. ET.
In addition, although Mad Catz does not typically comment on market activity, it is unaware of any
developments to account for the significant trading volumes and stock price volatility this week.
Mad Catz reiterates the financial target provided when it reported its fiscal 2011 second quarter
results on November 4, 2010 that it is ...on pace to exceed its previously stated goal of
high-single digit revenue growth in fiscal 2011 relative to the record $119 million of net sales in
fiscal 2010.
Conference Call:
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Wednesday, February 9, 2011, at 5:00 p.m. ET | |
Dial-in Number:
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(212) 231-2901 (U.S. & International) | |
Webcast:
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www.madcatz.com, select Investors | |
Web Replay:
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30 days | |
Call Replay Until:
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Friday, March 11, 2011, at 7:00 p.m. ET | |
Replay Number:
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(800) 633-8284 or (402) 977-9140 (International) | |
Access Code:
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21509221 |
For the conference call, please call five minutes in advance to ensure that you are connected.
Questions and answers will be taken only from participants on the conference call. For the
webcast, please allow 15 minutes to register and download and install any necessary software.
For further information please contact:
Allyson Vanderford: Interim Chief Financial Officer
t. (619) 321-3545
e. avanderford@madcatz.com
Allyson Vanderford: Interim Chief Financial Officer
t. (619) 321-3545
e. avanderford@madcatz.com
Joseph Jaffoni, Norberto Aja and Jim Leahy
Jaffoni and Collins Incorporated
t. (212) 835-8500
e. mcz@jcir.com
Jaffoni and Collins Incorporated
t. (212) 835-8500
e. mcz@jcir.com
Track Mad Catz via the following social media:
Facebook® Page: http://www.facebook.com/MadCatzInc
Twitter® Page: http://twitter.com/MadCatzInc
YouTube® Channel: http://www.youtube.com/MadCatzCompany
Facebook® Page: http://www.facebook.com/MadCatzInc
Twitter® Page: http://twitter.com/MadCatzInc
YouTube® Channel: http://www.youtube.com/MadCatzCompany
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) and
Tritton (gaming audio) 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.trittontechnologies.com,
www.gameshark.com and www.airdrives.com.
Safe Harbor for Forward Looking Statements: This press release contains forward-looking statements
about the Companys 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 Companys licenses; competitive developments affecting the Companys 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 Companys reports filed with the Securities and Exchange Commission and the
Canadian Securities Administrators
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