Majesco Entertainment Unveils Exciting Lineup of Products at 2005 Electronic Entertainment Expo

Majesco Entertainment Unveils Exciting Lineup of Products at 2005 Electronic Entertainment Expo

Games, Gadgets and Videos Headline Robust 2005 Product Portfolio That Includes Debut of Next-Generation Video Games and Wireless TV Arcade

EDISON, N.J., May 11 /PRNewswire-FirstCall/ -- Majesco Entertainment Company (NASDAQ:COOL), an innovative provider of digital entertainment products and content, today announced its exciting product lineup to be unveiled at the 2005 Electronic Entertainment Expo (E3), May 18-20 at the Los Angeles Convention Center. The Company is showcasing new offerings from each of its three product lines -- Games, Gadgets and Videos.

"Our compelling lineup of premium and value games, cool gadgets and mass market video content reflects our commitment to delivering high quality entertainment," said Jesse Sutton, president of Majesco Entertainment. "These unique offerings from each of our product lines exemplify our vision for the future and reinforce our overall position as a growing powerhouse in digital entertainment."

Majesco's video game lineup is comprised of wholly-owned intellectual properties, strong mass market brands and classic movie-based properties that appeal to a wide demographic. E3 marks the public debut of two next-generation titles: Demonik, developed by Terminal Reality in collaboration with horror mastermind Clive Barker and Tiger Hill Games, and The Darkness, from award-winning development team, Starbreeze Studios, creators of The Chronicles of Riddick: Escape From Butcher Bay. Majesco is also showcasing several games based on high profile entertainment properties including Aeon Flux, Taxi Driver(TM) and Jaws(TM) Unleashed, developed by award-winning Appaloosa Interactive. In addition, both Advent Rising for Xbox(R) and PC and Psychonauts for the PlayStation 2 computer entertainment system will be featured on the floor.

Majesco will debut several flagship properties on the Sony PSP handheld system and Nintendo DS, including Black & White(R) Creatures, Infected, Advent Shadow, Bust-A-Move DS, Guilty Gear Judgment, Guilty Gear Dust Strikers, Nanostray, Texas Hold 'Em Poker DS, Golden Nugget(R) Casino DS, A Boy and His Blob and ATV Quad Frenzy.

Majesco also has a full schedule of appearances and promotions planned for its E3 booth. In anticipation of the Memorial Day launch of Advent Rising, Majesco is offering E3 attendees a chance to win $5,000 as a precursor to the official start of its Advent Rising's "Race to Save Humanity" million dollar play-and-win contest which kicks off June 9th. Other booth highlights include: appearances by best selling author Clive Barker and Aeon Flux creator Peter Chung, an Infected deathmatch tournament on the PSP handheld system, multiple JAWS Unleashed "feeding times," Infected zombie "makeovers," and much more.

Representing its Videos product line, Majesco is showcasing key properties from Nickelodeon, Cartoon Network, Disney Channel and others. Game Boy Advance Video utilizes Majesco's platform independent proprietary video compression technology that allows full-color, full-motion video to be viewed on the handheld system.

Majesco will also feature unique offerings from its Gadgets division, including the public introduction of Wireless TV Arcade. These devices are the first plug-and-play products that do not require controller wires and are effective up to 40 feet away from the television. Majesco's Wireless TV Arcade products include: Frogger(R), Texas Hold 'Em Poker and Paintball Challenge, among others.

In addition, Majesco is demonstrating exciting new wireless networking and communications technologies for the Sony PSP handheld system and Nintendo DS. These technologies offer more fun and ease of use while lending new connectivity and communication options to the next generation of handheld systems.

Majesco's booth is located in the South Hall, #846 and additional information about the Company's E3 2005 product line-up can be found online at http://www.majescoentertainment.com/.

About Majesco Entertainment Company

Headquartered in Edison, NJ, Majesco Entertainment Company (NASDAQ:COOL) is an innovative provider of digital entertainment products and content. The Company's three product lines include Games, which includes highly anticipated titles such as Advent Rising and JAWS(TM) Unleashed; Videos, which highlights the Company's platform-independent video compression technology; and Gadgets, which includes innovative digital entertainment products like Frogger(R) TV Arcade. More information about the Company can be found online at http://www.majescoentertainment.com/ .

Safe Harbor

Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; competitive factors in the businesses in which we compete; continued consumer acceptance of the gaming platforms on which our products operate and our products; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

Published by Majesco Entertainment Company. "Frogger" is a registered trademark of KONAMI CORPORATION. (C)1981 2005 KONAMI (C) ARC SYSTEM WORKS Co., Ltd. Licensed from TAITO CORP. JAWS is a registered trademark and copyright of Universal Studios Licensing LLLP. All Rights Reserved. Developed by Appaloosa Interactive. "Frogger" is a registered trademark of KONAMI CORPORATION. (C)1981 2005 KONAMI The Darkness(R) and (C) 2004 Top Cow Productions, Inc. All rights reserved. Developed by Starbreeze Studios AB. Taxi Driver(TM) & (C)1976, 2005 Columbia Pictures Industries, Inc. All Rights Reserved. (C) 2005 Paramount Pictures, a division of Viacom International Inc. All Rights Reserved. Golden Nugget (R) and (C) 2005. "AEON FLUX" and all related titles and logos are trademarks of MTV Networks, a division of Viacom International Inc. Black & White is a registered trademark of Lionhead Studios Ltd. All rights reserved.

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

Source: Majesco Entertainment Company

CONTACT: Laura Heeb of HighWater Group, +1-212-338-0077 ext. 307,
laura@highwatergroup.com, for Majesco Entertainment Company

Web site: http://www.majescogames.com/

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