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Press Release

MAJESCO ENTERTAINMENT SHIPS BLOKUS PORTABLE: STEAMBOT CHAMPIONSHIP FOR THE PSP®

Acclaimed Worldwide Board Game Now Available for PSP® System

EDISON, NJ, February 27, 2008 - Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, today announced it has shipped Blokus Portable: Steambot Championship for the PSP® system. Developed by IREM, Blokus Portable brings the highly successful board game to the PSP® system with a winning combo that includes the original four-player Blokus, two-player Blokus Travel/Duo and the endearing anime characters from Steambot Chronicles.

"The PSP® system version of Blokus captures the same exciting strategic play that has helped its board game counterparts build a worldwide fan base of three million players," said Gui Karyo, Executive Vice President of Operations, Majesco. "We think the consumer-friendly price point coupled with the award-winning board game content is a perfect mix of value and addictive gameplay."

The rules of Blokus are simple: Each player places his/her pieces on the board in turn, ensuring that pieces of the same color touch at one or more corners, but never along the sides. The objective is to strategize and place as many pieces as you can before your opponent/s beats you to it. Based on the same basic rules and intuitive gameplay that earned the board game 26 prestigious awards, Blokus Portable allows up to 16 people to play in ad hoc wireless mode, or up to three friends to play simultaneously using one Universal Media Disc (UMD™) in the ad hoc game sharing mode. Blokus Portable also lets players customize their own character and unlock 18 additional characters from the Steambot Chronicles series.

Blokus Portable: Steambot Championship is rated E for Everyone and is now available on the PSP® system for a suggested retail price of $19.99. For additional information, please visit www.majescoentertainment.com.

About Majesco Entertainment Company
Majesco Entertainment Company is a provider of video games for the mass market. Building on 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Nancy Drew™, Cooking Mama™ and Zoo Hospital™ for Nintendo DS™ and Cooking Mama: Cook Off for the Wii™ system. 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 information about Majesco can be found online at www.majescoentertainment.com.

About Sekkoïa
Based in Paris (France), Sekkoia is the publisher of the Blokus range of board games (1 million units sold per year), made of Blokus Classic, Blokus Travel (AKA Blokus Duo), Blokus Trigon and Blokus Giant. Blokus is sold in more than 40 countries around the world. More information on www.blokus.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 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.


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