Majesco's on Target With Greg Hastings Paintball 2, Now Available on PlayStation(R)Network

EDISON, NJ--(Marketwire - Jun 14, 2011) - Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, announced today that Greg Hastings Paintball 2 is available now on PlayStation®Network, adding to Majesco's growing slate of digital games. The definitive paintball game, which released late last year on Wii™ and Xbox 360®, is now available for PlayStation®3 computer entertainment system with PlayStation®Move capability.

As the next iteration in the highly successful paintball franchise, Greg Hastings Paintball 2 features PlayStation®Move technology, thrusting players into the middle of the action like no other paintball game has. The game features more than 10 single and multiplayer game modes, each staged in all-new paintball fields based on authentic locations around the world. Featuring three new event branches -- Tournament Speedball, Recball, and Tournament Woodsball -- Greg Hastings Paintball 2 arms players with loads of classic and cutting edge gear and guns, including paint grenades and rocket launchers.

Serious "ballers" can even become general manager of their own 10-player team composed of professional and amateur paintball players. Gamers can trade players, issue commands and use their earnings from the field to build each player's individual stats so the overall team is that much more competitive. The better the team assembled, the more tournaments a player stands to win, providing him or her with added cash to buy new gear, players and skill upgrades. Prove yourself the ultimate paintball wizard by taking your team online to compete with up to 14 players via PlayStation®Network.

Greg Hastings Paintball 2 is available now on PlayStation®Network for $19.99. Media outlets interested in a review code can contact Danitra Alomia of Reverb Communications at danitra@reverbinc.com. For more information please visit www.majescoentertainment.com or the official site: www.gregredhastings.com.

About Greg Hastings
During Greg Hastings' 23-year paintball career, he has competed all over the world and notched many wins with championship teams such as Ground Zero, Bob Long's Ironmen, XSV and Smoke. He is a true master of speedball, woodsball, and every format in between. Greg's passion for video games started in the late 1970s while mastering coin operated shooting games such as Asteroids, Defender and Centipede. This passion came to a pinnacle while being stationed on the nuclear powered fast attack submarine USS Gato, where he mastered "real" video games as a medal-winning SONAR Supervisor during his six-year tour in the US Navy. Greg earned two Southwest Asia Campaign Medals for his time spent in the combat zone during the first Gulf War, and also received a medal for being "The best SONAR operator ever inspected." Since then, Greg has dedicated himself to creating the best-selling paintball video game franchise that bears his name.

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 for PlayStation®3 computer entertainment system, 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.