MAJESCO ENTERTAINMENT SET TO TRIPLE YOUR BRAIN POWER WITH 'MEGA BRAIN BOOST' FOR THE NINTENDO DS™

EDISON, N.J., November 1st, 2007 - Stop the "brain drain" and improve your mental prowess with Mega Brain Boost, a new Nintendo DS game from Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games and digital entertainment products for the mass market. Developed by Interchannel-Holon, Mega Brain Boost is actually three-games-in-one: the previously released Brain Boost Gamma Wave and Brain Boost Beta Wave, plus a third never-before-released game that offers an additional set of exercises designed to improve memory and concentration.

"By packaging three distinct games within 1 game cartridge and pricing the total package at $19.99, we're offering a great deal of value to consumers looking for quality entertainment," said Ken Gold, Vice President of Marketing, Majesco. "Each game within Mega Brain Boost offers a completely different set of fun, yet challenging, brain training problems designed to enhance mental acuity."

Mega Brain Boost encompasses three separate games developed under the consultation of renowned researcher and author, Dr. Makoto Shichida, creator of the Right Brain Development Theory. Shichida's theory holds that you can develop your right brain by increasing your recognition of images, shapes, spatial patterns, illustrations and intuition. He established the Shichida Method of education that entails daily training of repeated drills, absorbing large amounts of information quickly and being able to accurately reproduce those images visually in order to stimulate the right brain.

Mega Brain Boost includes Brain Boost Beta Wave, Brain Boost Gamma Wave plus a bonus third game.

Collectively, the three games include 15 sets of multiple choice based brain training drills along with a multiplayer feature that lets 2 players face off against one another to determine who's the bigger brainiac.

Mega Brain Boost will be available in January 2008 for a suggested retail price of $19.99. For additional information, please visit www.majescoentertainment.com

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 and digital entertainment products for the mass market, with a focus on publishing video games for leading portable systems and the Wii console. Product highlights include Nancy Drew, Cooking Mama 2: Dinner with Friends and Zoo Hospital for the Nintendo DS and Cooking Mama: Cook Off for the Wii console. More information about Majesco can be found online at www.majescoentertainment.com.

Safe Harbor

Some statements set forth in this release, including the estimates under the headings "Outlook" contain forward-looking statements that are subject to change. Statements including words such as "anticipate", "believe", "estimate" or "expect" and statements in the future tense are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual events or actual future results to differ materially from the expectations set forth in the forward-looking statements. Some of the factors which could cause our results to differ materially from our expectations include the following: consumer demand for our products, and the availability of an adequate supply of, current-generation and next-generation gaming hardware, including but not limited to Nintendo's DS and Wii TM platforms; our ability to predict consumer preferences among competing hardware platforms; consumer spending trends; the seasonal and cyclical nature of the interactive game segment; timely development and release of our products; competition in the interactive entertainment industry; developments in the law regarding protection of our products; our ability to secure licenses to valuable entertainment properties on favorable terms; our ability to manage expenses; our ability to attract and retain key personnel; adoption of new accounting regulations and standards; adverse changes in the securities markets; our ability to comply with continued listing requirements of the Nasdaq stock exchange; the availability of and costs associated with sources of liquidity; final resolution of the class action and other litigation on terms acceptable to the company, and other factors described in our filings with the SEC, including our Annual Report on Form 10-K for the year ended October 31, 2006. We do not undertake, and specifically disclaim 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.