It's Fear on the Beach and Mayhem in the Water as Majesco and Microprose Announce 'JAWS: Ultimate Predator' for Nintendo 3DS(TM) and Wii(TM)

EDISON, NJ--(Marketwire - Jun 2, 2011) - Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, and Microprose, an executive producer for video games, announced today that 'JAWS: Ultimate Predator' for the Nintendo 3DS™ system and Wii™ is in development for an expected release this fall. Set 35 years after the events of the iconic movie, 'JAWS: Ultimate Predator' is an action-packed and intense game that pays homage to the classic film while putting you in control of one of the most terrifying forces in nature, the unstoppable killing machine that is the great white shark. The games are produced under license from Universal Partnerships & Licensing.

"The Jaws movie defined a generation and forever changed our perception of sharks," said Jesse Sutton, CEO, Majesco Entertainment. "Sinking your teeth in as the ultimate predator is a strong and compelling concept underlined by the performance of our best-selling Jaws console games years ago. Never before released for Nintendo platforms, 'JAWS: Ultimate Predator' lets a new generation experience that same visceral underwater thrill."

'JAWS: Ultimate Predator' on the Nintendo 3DS™ system puts you in control of the hulking terror of the seas like never before, letting you experience the action through the eyes of the beast in startling 3D. Developed by n-Space and produced by Microprose, the Nintendo 3DS™ version of 'JAWS: Ultimate Predator' lets you defeat an army of shark hunters and rule the ocean by unleashing deadly attack combinations such as Feeding Frenzy and Corkscrew Shred while using the Touch Screen to bite, ram and dodge enemies.

'JAWS: Ultimate Predator' for Wii™ transforms you into the fierce creature, protecting its underwater domain from human interlopers while hunting and killing prey with 20 different advanced attack combos. Fill up the Rage Meter and confront deadly bosses including the Tiger Shark, Killer Whale and Sea Serpent that match JAWS in strength and size. Explore real life environments and lush underwater settings from Hawaii to the Great Barrier Reef, plus the infamous locale where it all started, Amity Island. In addition, discover hidden collectibles and upgrade special abilities to unleash critical damage with maximum power and speed!

Both games are executive-produced by Microprose. The Jaws game for Nintendo 3DS™ is developed by n-Space and the Jaws game for Wii™ is developed by Tectonic Studios, a subsidiary of Collision Studios.

'JAWS: Ultimate Predator' for Nintendo 3DS™ and Wii™ is expected to launch this fall. For additional information about Majesco's exciting line of products, please visit www.majescoentertainment.com.

About Jaws

Based on the popular bestseller by Peter Benchley, directed by Steven Spielberg and produced by Richard Zanuck and David Brown, Jaws both fascinated and terrified audiences, breaking box office records upon its release in 1975. Filled with heart-stopping tension and stunning power, the powerful film launched director Steven Spielberg's phenomenal commercial success and won three Academy Awards^®: Best Sound, Best Original Score and Best Film Editing. In addition, the memorable score by John Williams won a Golden Globe Award for 'Best Score' and was named one of the Top 100 Films by the American Film Institute.

Jaws also introduced the predatory shark as a new cinematic icon and struck a primal chord with audiences who connected overwhelmingly with the film's mixture of action adventure, terror, and moments of hilarity. The impact was so enduring that audiences never looked at the water the same way again in this suspenseful story of an eastern seaboard community terrorized by a giant white shark.

About Majesco Entertainment Company

Majesco Entertainment Company is a provider of video games for the mass market. Building on more than 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on Kinect for Xbox 360®, PlayStation®Move motion controller, Wii™, Nintendo 3DS™ and Nintendo DS™, Facebook® Platform, mobile and other leading platforms. Product highlights include Cooking Mama™, TETRIS® Party Deluxe and Zumba® Fitness. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More info can be found online at www.majescoentertainment.com or on Twitter at www.twitter.com/majesco.

About Microprose (formerly Interactive Game Group, LLC)

Microprose (formerly Interactive Game Group, LLC) is a company producing and acquiring video games and other interactive entertainment properties, whether packaged media, online or wireless. Created by Frederic Chesnais, former Chief Executive Officer of Atari Interactive, Inc. with a decade-long experience in acquiring, financing and licensing intellectual property rights in the video game industry, I2G is developing and financing a portfolio of video game properties, joining forces with the best studios, publishers and distributors for each project on a worldwide scale. I2G has recently been renamed Microprose, thereby reviving a brand with a long-term history in the videogame space.

About Universal Partnerships & Licensing

UP&L oversees Universal's consumer product licensing, film and home entertainment promotions, and all corporate alliances for Universal's theatrical, home entertainment, theme parks and stage productions. This dedicated division is also responsible for monetizing the Studio's vast library of films and characters through licensing, branding and marketing opportunities. UP&L is part of NBCUniversal. NBCUniversal is one of the world's leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group and world-renowned theme parks. Comcast Corporation owns a controlling 51% interest in NBCUniversal, with GE holding a 49% stake.

Safe Harbor

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