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Become a Rock Star with Alvin and the Chipmunks(TM): Majesco

Become a Rock Star with Alvin and the Chipmunks(TM): Majesco

October 5, 2011

Become a Rock Star With (TM): , Twentieth Century Fox Consumer Products and Bagdasarian Productions Announce Hit Songs for the Exciting Video Game Based on This Holiday's Biggest Family Film -- Alvin and The Chipmunks: Chipwrecked

Get the Party Started and Dance to 30 Hot Tunes From the Alvin and The Chipmunks(TM) Franchise Just Ahead of the Next Exciting Movie, in Theaters December 16th

EDISON, NJ -- (MARKET WIRE) -- 10/05/11 -- Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, Twentieth Century Fox Consumer Products and Bagdasarian Productions, the owner of Alvin and The Chipmunks, revealed today a selection of the official songs that will be featured in their upcoming dance video game, Alvin and The Chipmunks: Chipwrecked, based upon the third installment of the blockbuster film franchise that hits theaters December 16th, 2011.

Alvin, Simon, Theodore and (Brittany, Eleanor, and Jeanette) are at it again in this exciting, motion picture-based video game experience. The game is set aboard a luxury cruise liner that gets turned into their personal playground, and on a deserted island on which they've become 'chipwrecked.' Players can dance along with the 'munks' as their dance moves are tracked on the ™ for 360® and ™ versions!

Alvin and The Chipmunks: Chipwrecked features 30 songs on Kinect for and Wii™ versions and 18 tracks in the DS™ version of the game. Continuing the holiday tradition that The Chipmunks have brought to families worldwide, Alvin and The Chipmunks: Chipwrecked brings songs from the past and present for all generations to share and enjoy together, and dance like never before.

Sampling of In-Game Tracks:

All Star Hit Me With Your Best Shot Kids in America La Bamba Love Shack Oh Pretty Woman Only Want to Be With You Play that Funky Music Chipmunk Stayin' Alive The Chipmunk Song Video Killed The Radio Star Walkin' On The Sun We're the Chipmunks Witch Doctor

Developed by , Alvin and The Chipmunks™: Chipwrecked is expected to launch this November on Kinect for Xbox 360, Wii™, and Nintendo DS™. For additional information about Majesco Entertainment's entire line of products, please visit www.majescoentertainment.com.

About Bagdasarian Productions A leading producer of high quality, family-oriented programming, Bagdasarian Productions, helmed by and , is best known for its creation and oversight of Alvin and The Chipmunks, The Chipettes, and other related characters. Originally created in 1958, The Chipmunks are presently one of the biggest family franchises with a multi-generational, international following.

About Twentieth Century Fox Consumer Products A recognized industry leader, Twentieth Century Fox Consumer Products licenses and markets properties worldwide on behalf of Twentieth Century Fox Film Corporation, Twentieth Television and Fox Broadcasting Company, as well as third-party lines. The division is aligned with Twentieth Century Fox Television, one of the top suppliers of primetime entertainment programming to the broadcast networks.

About Majesco Entertainment Company Majesco Entertainment Company is a provider of video games for the mass market. Building on more than 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on all leading console and handheld platforms as well as online, social networks and mobile devices. Product highlights include Zumba® Fitness, ™, Alvin and The Chipmunks, and Hulk Hogan's Main Event. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ with offices in San Francisco, CA, Bristol, UK, and a social games development studio in Foxboro, MA. More info can be found online at www.majescoentertainment.com or on Twitter at www.twitter.com/majesco.

Kinect, Xbox, Xbox 360, and Xbox LIVE are either registered trademarks or trademarks of the Microsoft group of companies.

Wii and Nintendo DS are trademarks of Nintendo. About Fox Filmed Entertainment One of the world's largest producers and distributors of motion pictures, Fox Filmed Entertainment produces, acquires and distributes motion pictures throughout the world. These motion pictures are produced or acquired by the following units of FFE: Twentieth Century Fox, , Fox Searchlight Pictures, Twentieth Century Fox and Fox International Productions.

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.

For press materials please visit www.epk.tv

For additional information on Alvin and The Chipmunks: Chipwrecked movie, please visit https://www.facebook.com/pages/Alvin-and-the-Chipmunks/191584114216384 or www.munkyourself.com

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Majesco Entertainment Company Media Contact: Reverb Communications Danitra Alomia [email protected] (209) 586-1495 x115

Source: Majesco Entertainment