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Tuesday, November 15, 2005

Majesco Entertainment Ships 'Aeon Flux' Video Game To Coincide With Motion Picture Starring Charlize Theron

Majesco Entertainment Ships 'Aeon Flux' Video Game To Coincide With Motion Picture Starring Charlize Theron

Game Features Voice and Likeness of Oscar(R)-Winning Actress

EDISON, N.J., Nov. 15 /PRNewswire-FirstCall/ -- Majesco Entertainment Company (NASDAQ:COOL), an innovative provider of digital entertainment products and content, today announced Aeon Flux has shipped for the Xbox(R) video game and entertainment system from Microsoft and PlayStation(R)2 computer entertainment system. Majesco's Aeon Flux links together Peter Chung's futuristic animated series, which ran on MTV from 1992-1997, and the upcoming feature film opening nationwide December 2nd starring Oscar(R) winner Charlize Theron ("Monster") as Aeon Flux.

"We are excited to be partnering with MTV and Terminal Reality to create the first-ever interactive journey into the world of Aeon Flux," said Ken Gold, vice president of Marketing for Majesco. "By seamlessly blending familiar elements of the series with exciting game play and new ideas from the film, the game is a dynamic complement to its entertainment counterparts."

"With an exciting combination of stealth, speed, beauty, and acrobatic combat, Aeon Flux is the ideal character for a video game," adds Tony Calandra, senior director, MTV Games. "By creating a compelling story that bridges the ground-breaking animated series to the highly-anticipated upcoming film, we believe we will offer a thrilling experience for gamers and all Aeon Flux fans old and new."

Set in the distant future, Aeon Flux features a palpitating blend of stealth, speed and acrobatic combat. Assuming the role of Aeon Flux, players employ lethal abilities to disrupt the soul-crushing tyranny that pervades the walled, protected city-state Bregna, ruled by a congress of scientists. Aeon faithfully serves the underground 'Monican' rebellion in their efforts to overthrow the Breen, however deadly rivals oppose her at every turn, and powerful temptations test her loyalties.

Additional game play features include:
* In-game voice and likeness of Oscar(R)-winning actress Charlize Theron;
* Dispatch enemies with bone-crunching fatalities and acrobatic finishing
moves;
* Futuristic gadgets help solve puzzles and penetrate Bregnan defenses;
* Objectives change as allegiances shift between different eras and
generations of Bregnans;
* Pull off incredible stunts as you navigate through huge environments,
scale walls, use grappling hooks and hurdle over obstacles.

Aeon Flux was developed by Terminal Reality and is available now for the suggested retail price of $49.99 at stores nationwide. More information about the Aeon Flux game can be found online at www.AeonFlux.com, Paramount Pictures' official movie website. Here fans can access exclusive interactive downloads from the video game and the movie, a chronicled history of the world of Aeon Flux, fan art competitions and an interactive comic book based on the series. Additional information can be found at www.majescoentertainment.com.

Paramount Pictures is part of the entertainment operations of Viacom, Inc., one of the world's largest entertainment and media companies and a leader in the production, promotion, and distribution of entertainment news, sports and music.

MTV Films is the feature film development and production division of MTV that releases films in conjunction with Paramount Pictures. Since its inception in 1995, MTV Films has established itself as a unique movie label with a slate of diverse and successful films.

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 diverse product lineup includes video games such as Infected(TM) for the PSP(TM) (PlayStation(R)Portable) system, Aeon Flux,(TM) and the forthcoming JAWS(TM) Unleashed, as well as digital entertainment products like Frogger(R) TV Arcade. Utilizing its proprietary video compression technology, Majesco now offers Game Boy(R) Advance Video versions of the beloved DreamWorks Animation movies Shrek, Shrek 2 and Shark Tale. More information about Majesco can be found online at 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; our ability to complete and release our products in a timely fashion; 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.

Xbox, Xbox 360, and Xbox Live are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.

Source: Majesco Entertainment Company

CONTACT: Laura Heeb of HighWater Group, 212-338-0077 ext. 307,
laura@highwatergroup.com

Web site: http://www.majescoentertainment.com/
http://www.aeonflux.com/

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