Majesco Entertainment Ships Dreamworks' 'Shrek,' 'Shrek 2' and 'Shark Tale' for Game Boy(R) Advance Video

Majesco Entertainment Ships Dreamworks' 'Shrek,' 'Shrek 2' and 'Shark Tale' for Game Boy(R) Advance Video

Beloved Animated Movies Debut on Game Boy Advance for $19.99

EDISON, N.J., Nov. 17 /PRNewswire-FirstCall/ -- Majesco Entertainment Company (NASDAQ:COOL), through a worldwide licensing agreement with DreamWorks SKG, today shipped Game Boy(R) Advance Video versions of the studio's successful animated movies, "Shrek," the first-ever winner of the Academy Award(R) for Best Animated Feature, "Shrek 2," the third highest-grossing movie ever and the number one animated film of all time, and the Academy Award(R)-nominated "Shark Tale."

Available now for $19.99, the DreamWorks animated films are the first full-length features to be released for Majesco's Game Boy Advance Video line which has sold more than three million units since its inception. Fans can view these modern-day animated classics in full video and audio using a standard cartridge for the Game Boy Advance, Game Boy Advance SP, Nintendo DS and the new Game Boy Micro.

"Because our Game Boy Advance Videos work with all four of Nintendo's latest handheld systems, consumers now have four new ways to watch their favorite movies on the go," said Jesse Sutton, President of Majesco.

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 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; 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.

Source: Majesco Entertainment Company

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

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

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