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Mad Catz Reports Fourth Quarter and Fiscal 2008 Results

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Mad Catz Interactive, Inc. (Mad Catz or the Company) (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, today announced financial results for the fourth quarter and fiscal year ended March 31, 2008.

Net sales for the fiscal year ended March 31, 2008 were $87.6 million, a 12.2% decrease from $99.7 million in fiscal 2007. Gross profit for the fiscal year increased 14.9% to $28.7 million from $25.0 million in the prior fiscal year. Gross profit margin for fiscal 2008 was 32.8% compared to 25.1% in fiscal 2007. Net income for the year ended March 31, 2008 was $3.2 million, or $0.06 per diluted share, compared to $3.7 million, or $0.07 per diluted share for the year ended March 31, 2007. EBITDA, a non-GAAP financial measure (defined as earnings before interest, taxes, depreciation and amortization), was $10.0 million in fiscal 2008 compared to EBITDA of $9.0 million in fiscal 2007. A reconciliation of EBITDA to the Companys net income (loss) on a U.S. GAAP basis and the definition is included in the financial tables accompanying this release.
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Konami’s E3 Press Conference Details

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Please join Konami Digital Entertainment, Inc. for its E3 media briefing. This is your opportunity to be the first to hear of our special announcements, and get the inside scoop …
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Rock Band 2 Coming To 360 This September Others Systems To Follow Soon After
18 years ago

Rock Band 2 Coming To 360 This September Others Systems To Follow Soon After

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Once again let the power of Billy Corgan take control

Harmonix, MTV and EA are planning a sequel to their highly acclaimed Rock Band …
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American Library Association Looks Into Games for Literacy

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“Gaming is a magnet that attracts library users of all types and, beyond its entertainment value, has proven to be a powerful tool for literacy and learning. Through the Verizon …
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UK Software Sales: June 21st – June 28th

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1. Super Smash Bros Brawl (Nintendo) 2. Battelfield: Bad Company (EA) 3. LEGO Indiana Jones: The Original Adventures (LucasArts) 4. Wii Fit (Nintendo) 5. Big Beach Sports (THQ) 6. Metal …
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Mushroom Men: Rise of the Fungi/Spore Wars DS and Wii Heading To NA and Euro in October

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TITLE: Mushroom Men – Rise of the Fungi
PLATFORM: DS
DEVELOPER: Red Fly Studio
GENRE: Action Adventure
RELEASE DATE: October 2008

An ichorous green meteor plummets through the Earth’s atmosphere, fracturing and showering the earth with glowing green space dust that affects all forms of life nearby. Some plant life – mushrooms and cacti – acquire sentience while, the meteor twists and mutates other life forms, transforming insects and animals into semi-intelligent, warlike communities.

The story of Mushroom Men is told in Acts, each Act occurring in a completely unique environment. Each version of the game (DS and Wii) tells different portions of the history of the Mushroom Men universe. The DS and Wii versions are completely different stories from one-another. The DS version, Mushroom Men – Rise of the Fungi, is the first release and shows the development of the Mushroom nations, starting very early in Mushroom Men history. The early days of the Mushroom Men were simpler times as the Mushroom Men were just learning to walk, communicate and interact with their world. As the Mushroom Men learn how their world works, they take the player with them, developing their skills, abilities and histories up to the start of the Spore Wars.

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