A+E Networks(TM) and Majesco Hit the Gas With Parking Wars 2 on Facebook(R)

EDISON, NJ--(Marketwire - Aug 17, 2011) - A+E Networks™ Digital Media and Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, announced today that Parking Wars 2 has officially launched on Facebook. Based on the hit A&E series, this innovative online game is set to surpass the run-away success of the original Parking Wars game on Facebook.

An all-new season of "Parking Wars" will air on A&E this winter.

"We know our fans will love the addictive and fun Parking Wars 2 experience and are thrilled to be able to offer our advertisers a new and very engaging medium to reach our shared consumer. We are excited to partner with Majesco on this brand new social game," said Kris Soumas, Head of Games, A+E Networks Digital Media. Added Jesse Sutton, CEO of Majesco Entertainment, "As an upcoming addition to our growing social games portfolio, Parking Wars 2 further demonstrates our strategic focus to create unique online experiences that leverage the quality of incredible network programming."

Parking Wars 2 offers Facebook players of all ages the chance to build an impressive fleet of vehicles and then park them illegally across the world. Players can purchase almost every kind of imaginable vehicle (from motorcycles to monster trucks) and building storefronts (from taco stands to banks), but ticketing is the real fun. The longer players keep cars parked on their friends' streets -- legally or illegally -- the more money they'll earn, but be careful... The parking signs change frequently and your friends are waiting to steal your cash with another parking violation. Additionally, players can buy a host of other items and car accessories like tires, gas, air fresheners, car wax, bricks and much more.

Parking Wars 2 is now open for everyone on Facebook to enjoy. For more information on the game, please visit here.

About Majesco Entertainment Company
Majesco Entertainment Company is a leading developer and publisher 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 all leading console and handheld platforms as well as online, social networks and mobile devices. Product highlights include Zumba® Fitness, Cooking Mama™, Alvin and the Chipmunks, and Hulk Hogan's Main Event. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ with offices in San Francisco, CA, Bristol, UK, and a social games development studio in Foxboro, MA. More info can be found online at www.majescoentertainment.com or on Twitter at www.twitter.com/majesco.

About A&E Network
A&E is "Real Life. Drama." Now reaching 100 million homes, A&E is television that you can't turn away from; where unscripted shows are dramatic and scripted dramas are authentic. A&E offers a diverse mix of high quality entertainment ranging from the network's original scripted series, including "The Glades" and "Breakout Kings," to signature non-fiction franchises, including the Emmy-winning "Intervention," "Dog the Bounty Hunter," "Hoarders," "Billy the Exterminator" and "Storage Wars," and the most successful justice shows on cable, including "The First 48." The A&E website is located at www.aetv.com. For more press information and photography please visit us on the web at www.aetvpress.com.

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