Majesco Entertainment, Masaya Matsuura And Rodney Alan Greenblat Partner To Create New Game Exclusively For The WiiTM System

The Creators of ‘PaRappa the Rapper’ Return with Music-Based Video Game

BRISTOL, U.K., December 10, 2007 – Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, today announced a partnership with legendary multimedia musician and game designer, Masaya Matsuura, and famed New York artist Rodney Alan Greenblat, to develop and publish an original music-based video game scheduled for release in late 2008. Creators of the highly acclaimed, best-selling PaRappa the Rapper series, Matsuura and Greenblat will bring their engaging gameplay and distinctive art style to the Wii™ home video game system for the first time.

“Masaya Matsuura and Rodney Alan Greenblat are industry visionaries whose legacy was built on crafting groundbreaking, genre-defining entertainment experiences that everyone can enjoy,” said Jesse Sutton, Chief Executive Officer, Majesco. “We are incredibly excited to be working with talent of this caliber and believe our game shares the same broad mass market appeal as successful music-based products like Activision’s Guitar Hero and MTV’s Rock Band.”

Adds Masaya Matsuura: “Majesco’s publishing know-how and retail relationships allow us to stay focused on creating a game that is conceptually unique and, above all else, fun. Working with Rodney is a true creative collaboration.”

“Matsuura-san and I share similar artistic perspectives so I welcomed the opportunity to re-team with him and NanaOn-Sha to produce a one-of-a-kind music game designed from the ground up for the Wii system,” said Rodney Alan Greenblat.