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Release EDISON, N.J., April 25, 2006 – Majesco Entertainment Company (NASDAQ: COOL) announced today that Guilty Gear Dust Strikers for Nintendo DS™ has shipped nationwide. Developed by ARC System Works, Guilty Gear Dust Strikers features 21 franchise characters battling it out in vertical brawls that span both game screens. “Guilty Gear Dust Strikers is designed to take advantage of the DS’ unique dual screen layout and touch screen mechanic,” said Ken Gold, vice president of Marketing for Majesco. “As the first series offering for Nintendo DS™, Guilty Gear Dust Strikers will appeal to core franchise fans and portable gamers looking for a deep fighting experience they can enjoy with friends.” Sol Badguy, Potemkin, I-No and Dizzy, along with 17 other character favorites return in Guilty Gear Dust Strikers. Players who master seven touch screen mini-games can unlock combo moves they can use to customize their character in the Robo-Ky Factory. In addition, up to four players can compete in wireless multi-player games where the last man standing wins. Rated ‘T’ for Teen, Guilty Gear Dust Strikers is available exclusively for Nintendo DS™ for a suggested retail price of $29.99. For more information, please visit www.guiltygeards.com. About Majesco Entertainment Company Headquartered in Edison, NJ, Majesco Entertainment Company (NASDAQ: COOL) is an innovative provider of digital entertainment products and content, with a focus on publishing videogames for leading portable systems such as the PSP™ (PlayStation® Portable) system, Nintendo DS™ and Game Boy® Advance. Current product line highlights include Age of Empires: The Age of Kings® for the Nintendo DS™, Guilty Gear Judgment for the PSP™ (PlayStation® Portable) system and JAWS™ Unleashed, as well as digital entertainment products like Frogger® TV Arcade. Majesco now offers Game Boy® Advance Video versions of the beloved DreamWorks Animation movies Shrek, Shrek 2 and Shark Tale. More information about Majesco can be found online at www.majescoentertainment.com. 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 the gaming platforms on which our products operate and our products; 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.
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