Majesco Entertainment and Disney Interactive Collaborate on Upcoming Video Game Release for Phineas and Ferb

Tue Jan 8, 2013 10:00am EST

* Reuters is not responsible for the content in this press release.

EDISON, NJ, Jan 08 (Marketwire) -- 
Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of
games for the mass market, announced today a relationship with Disney
Interactive to start development of original video games based on the
animated hit Disney television series Phineas and Ferb.

    "We are thrilled to be teaming up with Disney to bring a new Phineas and
Ferb game to market across multiple platforms," said Jesse Sutton, Chief
Executive Officer, Majesco Entertainment. "Phineas and Ferb is known for
fun-filled adventures and hilarious gags that appeal to a universal
audience, and we're creating a game that leverages the characters and
brand attributes of the highly successful series."

    The new game will be developed for retail consoles and gaming handhelds,
including smartphones and tablets, and is scheduled for release in August
2013.

    For more information on Majesco Entertainment, please visit
www.majescoent.com, 'Like' us on Facebook or follow the company on
Twitter @Majesco.

    About Disney Interactive Media Group
 Disney Interactive, one of the
world's largest creators of high-quality interactive entertainment across
all platforms, is the part of The Walt Disney Company responsible for the
global creation and delivery of interactive entertainment, multi-platform
video games, and family-focused content across all current and emerging
digital media platforms. Disney Interactive produces and distributes a
broad portfolio of content from Disney Interactive Games and Disney
Interactive Media. Products and content released and operated by Disney
Interactive include blockbuster mobile, social and console games, online
virtual worlds, #1 kid's entertainment destination Disney.com and the #1
Family/Parenting portfolio on the Web.

    Disney Interactive is the interactive entertainment part of The Walt
Disney Company (NYSE: DIS).

    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(R) Fitness, Cooking Mama(TM) and NBA Baller Beats(TM). 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, Brockhampton, UK, and a social games development studio in
Foxboro, MA. More info can be found online at majescoent.com or on
Twitter @Majesco.

    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 our products and the gaming platforms on which our
products operate; 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.

    

Majesco Media Contact:
Tracie Snitker
Reverb Communications
209-586-1495 x104
Tracie@reverbinc.com 

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