Majesco Entertainment Announces Blast Works: Build, Trade, Destroy Has Gone Gold

Related Social Networking Website BlastWorksDepot.com Also Goes Live

EDISON, N.J., May 15, 2008 - Prepare to flex your creative genius as Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, today announced Blast Works: Build, Trade, Destroy has gone gold for Wii™. The fully customizable side-scrolling shooter will ship to retail outlets nationwide on June 10th.

In addition, Majesco has announced that BlastWorksDepot.com--the first web site of its kind that allows user-created game content to be shared via the Nintendo Wi-Fi Connection--is now live. Accessible through any web browser, this innovative social networking site supports the Blast Works game and lets players upload their creations online for others to view and download to their Wii to play. Players can browse, rate, and comment on posted content; the site even allows registered and unregistered users to search through back catalogs of creations by category, date, artist and other criteria. Users can also make new friends with other Blast Works players by sending and approving friend requests.

"Throughout production we have strived to create a game that pioneers new territory on the Wii by giving players the ability to customize every aspect of their gaming experience. Now that it has gone gold, I can truly say that Blast Works has surpassed our expectations and is one of the most unique games that will be available this year," said Jesse Sutton, Chief Executive Officer, Majesco. "Furthermore, BlastWorksDepot.com provides Wii owners with a new social experience whereby they can create, share and trade their original creations online."

Featuring bright, abstract graphics and fast-paced side-scrolling action, Blast Works is a "sticky" creative shooter that lets players absorb fallen enemies as protection. The in-depth and intuitive Blast Works Editor allows gamers to customize every element of their game play experience from levels, ships, enemy ships, objects and bosses to unique bullet patterns, movements, sound effects, hit box placement and more.

Developed by Budcat Creations, Blast Works: Build, Trade, Destroy is rated E for Everyone and will ship on June 10th for $39.99. To watch the gameplay trailer, please visit www.BlastWorksGame.com. A video preview of Blast Works Depot is also available on www.BlastWorksDepot.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 Wii™. 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.

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.