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Psychonauts Now Available For Digital Download Via Macrovision's Trymedia Network

'BloodRayne 1 & 2' and 'Advent Rising' Also Available On Leading Websites

EDISON, NJ, November 28, 2006 - Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of digital entertainment products and content announced today that Psychonauts is now available for digital download through Macrovision's Trymedia Network. Majesco has signed a digital download distribution agreement with Macrovision Corporation, which operates the Trymedia Network, which will provide the secure distribution of Psychonauts across digital channels.

The critically acclaimed title, Psychonauts, from Double Fine Productions, BloodRayne 1 & 2 and Advent Rising, are now available in a try-before-you-buy format in Macrovision's Trymedia network which includes over 400 distribution partners worldwide including major online portals and destinations.

"As the largest distribution network for downloadable games, Macrovision's Trymedia Network is the closest thing to 'mass market' distribution on the internet and we are excited to offer our titles to their worldwide audience," said Daniel Hofbauer, business development director at Majesco. "In particular, we are excited about their "try-and-buy" feature and believe that once people get a taste of our award-winning game, they will be compelled to join the growing ranks of Psychonauts enthusiasts."

BloodRayne is an original action-horror franchise starring the super-sexy, super-lethal, supernatural heroine Rayne. Advent Rising is a sci-fi action game that thrusts players into an intergalactic tale punctuated by stunning visuals and a gripping storyline created in

collaboration with award-winning novelist, Orson Scott Card.

Psychonauts is a unique, third-person psychic odyssey from the mind of Tim Schafer that received numerous accolades and awards, including the recent BAFTA (British Academy of Film and Television Arts) award for Best Screenplay.

BloodRayne 2, Advent Rising and Psychonauts are available for $19.99 while BloodRayne 1 is available for $9.99. All titles can be downloaded on a trial basis before purchasing.

For more information, or to download demos or video trailers of the titles, please visit www.trygames.com.

About Majesco Entertainment Company

Headquartered in Edison, NJ, Majesco Entertainment Company (NASDAQ: COOL) is an innovative provider of digital entertainment products and content, with a focus on publishing videogames for leading portable systems such as the PSP® (PlayStation®Portable) system, Nintendo DS and Game Boy® Advance. Current product line highlights include Cooking Mama for the Nintendo DS, Guilty Gear Judgment for the PSP® (PlayStation®Portable) system and JAWS Unleashed, as well as digital entertainment products like Frogger® TV Arcade. 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.

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