Mad Catz® Proves Small Can Be Powerful with the L.Y.N.X.™3 Mobile Wireless Controller
February 27 2015 - 4:10PM
Business Wire
Compact GameSmart™ Controller Delivers
Full-Size Comfort, Compact Form Factor to Mobile Gamers
Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX:MCZ)
announced today the L.Y.N.X. 3 Mobile Wireless Controller, a
highly-compact mobile game controller designed to deliver precision
gaming control and outstanding value.
An ideal entry-level controller for the modern mobile gamer, the
L.Y.N.X. 3 is expected to begin shipping in Spring 2015 and
complements the newly-announced, award-winning L.Y.N.X. 9
hybrid mobile controller. Designed for those who value performance
combined with lightweight portability, the L.Y.N.X. 3
retains the transformative patent-pending design qualities of the
L.Y.N.X. 9, delivering a full-size console-style controller
which folds up during travel to an extremely compact footprint.
“We’re thrilled with the attention the L.Y.N.X.9
has garnered and proud of the multiple ‘Best of CES’ awards
received when we unveiled the new controller in January 2015. We’re
excited to now introduce the L.Y.N.X. 3 as the newest member
in the L.Y.N.X. range - a new mobile gaming controller
designed to convey the same striking looks and Bluetooth®
technology, at a price point which we believe will resonate
strongly with passionate mobile gamers,” said Darren Richardson,
President and Chief Executive Officer of Mad Catz. “We expect that
mobile gaming will see strong growth in 2015, and we believe our
strategy of offering console-quality controllers for every budget
will allow our GameSmart range to contribute positively to our
sales in fiscal 2016.”
The L.Y.N.X. 3 features a removable mobile clip for
docking a smartphone when on the move and a full complement of
analog thumbsticks, action buttons and trigger controls, allowing
core gamers to feel instantly at home. In addition, gamers are
encouraged to download the companion L.Y.N.X. app which will unlock
additional functionality and keep gamers up to date with compatible
software.
The L.Y.N.X. 3 will debut March 1, 2015, at MobileFocus
Global 2015 in Barcelona, and will be on display the next day at
the Mobile World Congress, also in Barcelona, at the Silicon
Image®/MHL® booth, hall 7, number 7F31.
For additional information please visit:
http://madcatz.com/gamesmart_lynx_3/
About Mad Catz
Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) is a
global provider of innovative interactive entertainment products
marketed under its Mad Catz® (gaming), Tritton® (audio), and
Saitek® (simulation) brands. Mad Catz products cater to passionate
gamers across multiple platforms including in-home gaming consoles,
handheld gaming consoles, Windows® PC and Mac® computers, smart
phones, tablets and other mobile devices. Mad Catz distributes its
products through its online store as well as distribution via many
leading retailers around the globe. Headquartered in San Diego,
California, Mad Catz maintains offices in Europe and Asia. For
additional information about Mad Catz and its products, please
visit the Company’s website at www.madcatz.com
Social Media
Facebook: https://www.facebook.com/MadCatz.GlobalTwitter:
http://twitter.com/MadCatzYouTube:
http://www.youtube.com/MadCatzCompany
Cautionary Note Regarding Forward-Looking Statements
Information in this press release that involves the Company's
expectations business prospects, plans, intentions or strategies
regarding its future are forward-looking statements that are not
facts and that involve substantial risks and uncertainties. You can
identify these statements by the use of words such as "anticipate,"
"estimate," "expect," "project," "intend," "should," "plan,"
"goal," "believe," and other words and terms of similar meaning in
connection with any discussion of future operating or financial
performance. Among the factors that could cause the Company’s
actual future results to differ materially from those expressed in
the forward-looking statements set forth in this release include
the following: the ability to maintain or renew the Company's
licenses; competitive developments affecting the Company's current
products; first-party price reductions; availability of capital
under our credit facility; commercial acceptance of new in-home
gaming consoles; the ability to successfully market both new and
existing products domestically and internationally; difficulties or
delays in manufacturing; unanticipated product delays; or a
downturn in the market or industry. A further list and description
of these and other factors, risks, uncertainties and other matters
can be found in the Company's most recent annual report, and any
subsequent quarterly reports, filed with the U.S. Securities and
Exchange Commission and the Canadian Securities Administrators. The
forward-looking statements in this release are based upon
information available to the Company as of the date of this
release, and the Company assumes no obligation to update any such
forward-looking statements as a result of new information or future
events or developments. Forward-looking statements believed to be
true when made may ultimately prove to be incorrect. These
statements are not guarantees of the future performance of the
Company and are subject to risks, uncertainties and other factors,
some of which are beyond its control and may cause actual results
to differ materially from current expectations.
Mad Catz, the Mad Catz logo, GameSmart and L.Y.N.X. are
trademarks or registered trademarks of Mad Catz Interactive, Inc.,
its affiliates and/or subsidiary companies. All other company and
product names may be trademarks of their respective owners.
Mad Catz Communications:Alex Verrey, +44 (0) 1633 883
133Global PR and Communications Directoraverrey@madcatz.comorKaren McGinnis,
858-790-5008Chief Financial Officerkmcginnis@madcatz.comorInvestor
Relations:Joseph Jaffoni, Norberto Aja, Jim
LeahyJCIRmcz@jcir.com or +1 212-835
8500
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