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Majesco Entertainment Announces 'Our House,' The First Home Design Game Built From The Ground Up Exclusively For The Wii(TM) System

FOR IMMEDIATE RELEASE

BRISTOL, U.K., January 7, 2008 - If you can dream it, you can build it as Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, today announced Our House for the Wii home video game system. Developed by Budcat Creations, Our House turns the Wii Remote into the ultimate creation tool that lets players design, build and decorate their own personalized trophy home they can share with others in an online neighborhood.

"Few things are as exciting as building and personalizing a home of your own, and only the innovative Wii Remote makes it possible to hammer every nail and paint every wall," said John Merchant, Marketing Manager, Majesco Europe. "We believe Our House's combination of unique subject matter, endless creativity and competitive multiplayer fun will resonate with players of all ages."

Our House is the only game that lets you build and remodel your home as you design a unique customized creation. After shopping for raw materials in the Home Store, players will use their Wii Remote to hammer, saw, paint, tile and much more as they assemble and decorate their family dwelling. But the creativity doesn't end indoors since a home's overall neighborhood value is based on landscaping and exterior upgrades too. Four-player "build-offs" encourage social play while Wii Connect 24 lets players share their creations with friends via the literal community-building feature of Neighborhood Mode.

About Majesco Entertainment Company

Headquartered in Edison, NJ, with an international office based in Bristol, UK, Majesco Entertainment Company (NASDAQ: COOL) is an innovative provider of video games for the mass market, with a focus on publishing video games for leading portable systems and the Wii console. More information about Majesco can be found online at www.majescoentertainment.com and www.majescoeurope.com.

Contact: John Merchant

Majesco Europe

+44 (117) 373 6151

jmerchant@majescoentertainment.com

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