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Majesco Entertainment Updates Fiscal 2008 Financial Results for Subsequent Event Due to Renegotiation of Securities Class Action Litigation

Q4 fiscal 2008 financial results three months ended October 31, 2008

Net Revenues – $17,992 [compared to $11,898 three months ended October 31, 2007]

Net Income (loss) – $387 [compared to $(961) three months ended October 31, 2007]

Full year fiscal 2008 financial results ended October 31, 2008

Net Revenues – $63,887 [compared to $50,967 year ended October 31, 2007]

Net Income (loss) – $3,352 [compared to $(4,770) year ended October 31, 2007]

EDISON, N.J., Jan 29, 2009 /PRNewswire-FirstCall via COMTEX News Network/ — Majesco Entertainment Company (Nasdaq: COOL), an innovative provider of video games for the mass market, today announced that its net income for the three and twelve months ended October 31, 2008 was $0.4 million, or $0.01 per share and $3.4 million, or $0.12 per share, respectively. This compares to a net loss for the three months ended October 31, 2008 of $0.9 million or $0.03 per share and net income for the twelve months ended October 31, 2008 of $2.1 million, or $0.08 per share, which was previously announced in a press release on January 13, 2009.

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Guitar Hero: Metallica tracks to feature diverse music from band’s 25-year history plus 21 influential guest bands

We already know all of the tracks that will appear in Guitar Hero: Metallica, but Activision just put out their official press release today.

SANTA MONICA, CA – January 29, 2009 – Metallica’s influential music takes center stage this spring when Activision Publishing Inc.’s Guitar Hero® Metallica® takes music fans through the band’s fabled library of songs, plus the music and musicians who influence them. When the house lights go down this spring, virtual rock stars across the globe will shred, drum and wail to an explosive set list featuring over 45 tracks from Metallica’s illustrious career and a wide variety of other legendary artists personally selected by the band, such as Queen, Foo Fighters, Bob Seger, Lynyrd Skynyrd, Slayer and Judas Priest. Featuring tracks from every Metallica studio album, the complete Guitar Hero Metallica on-disc set list will include their following hits:

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Hacked Sign Warns Of Nazi Zombies

(Spoiler..Maybe) Holy crap Nazi Zombies!!! For those who have finished COD: World at War, probably know where these hackers got the idea from.

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