Disney Interactive Announces Upcoming Video Game Release for PHINEAS AND FERB

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 onFacebook 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.

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