EDISON, N.J., April 19, 2005 – Playing mind games has become a reality as Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of digital entertainment content and products, today announced that Psychonauts has shipped to retail stores nationwide. Developed by Double Fine Productions, Psychonauts is available for the Xbox ® video game system from Microsoft and personal computer, and will be offered on the PlayStation 2 ® computer entertainment system later this spring.

“Psychonauts is executed with creative and technical brilliance, and feedback from media and retailers confirms that it is one of the most innovative video games ever introduced,” said Ken Gold, vice president of Marketing for Majesco. “Double Fine has done a tremendous job developing a game that takes consumers on a humorous ride ‘through the looking glass’ of the mind, and leaves them coming back for more.”

Tim Schafer, founder of Double Fine Productions, added: “As the adage goes, ‘great minds think alike,’ and we are happy to be working with a quality publisher like Majesco who shared our vision for Psychonauts. We’re excited to get the game into consumers’ hands and hope they enjoy playing it as much as we enjoyed creating it.”

Created by Double Fine Productions, Inc., Psychonauts thrusts players into a third-person psychic odyssey across 13 incredibly unique levels: three set in the real world and ten set inside the mental worlds of misfits, monsters and madmen. Once inside a mind, players rise in rank by collecting figments of imagination; sorting through emotional baggage; clearing out mental cobwebs and cracking open memory vaults. Players also earn psychic powers like telekinesis, invisibility, pyrokinesis and clairvoyance as they progress through the game.

Featuring a humorous storyline filled with unforgettable characters and non-linear gameplay of incredible depth, Psychonauts offers players multiple paths throughout wildly imaginative settings. Along the way, players must conquer an array of c hallenging puzzles with alternate solutions that tailor themselves to a player’s own strengths and abilities.

Additional information on Psychonauts can be found online at the official website: http://www.Psychonauts.com. To participate in the mind-bending Psycho-Portals online national promotion, visit www.psychoportals.com.

About Double Fine Productions, Inc.
Double Fine Productions is a San Francisco-based game company founded in 2000 by Tim Schafer, creator of many award-winning games including Grim Fandango, Full Throttle, and Day of the Tentacle. He started the company with a selection of the Grim Fandango team, and added to it industry veterans from the development teams of Maximo, Diablo II, Jedi Knight and Starfighter. Thrown into the mix were animators from Phil Tippett Studios and Pixar, and artists from the worlds of both video games and fine art. Since then, Double Fine has grown into a talented 40-person team dedicated to making amazing games with an emphasis on excellent story, characters, art, technology and fun.

About Majesco Entertainment
Headquartered in Edison, NJ, Majesco Entertainment Company ( NASDAQ : COOL ) is an innovative provider of digital entertainment content and products . The Company’s three main product lines include Games, which includes highly anticipated titles such as Advent Rising and Psychonauts; Videos, which highlights the Company’s platform-independent video compression technology; and Gadgets, which includes innovative digital entertainment products like FroggerTV Arcade. More information about the Company can be found online at www.majescoentertainment.com .

About Xbox
Xbox (http://www.xbox.com) is the video game system from Microsoft that brings people together for the most exhilarating game and entertainment experiences. Xbox delivers an expansive collection of breakthrough games, powerful hardware and the unified Xbox Live online service. The new tagline, "it's good to play together," captures the spirit of Xbox as the social hub of the new digital entertainment lifestyle. Xbox is now available in North America, Asia, Europe and Australia.

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; competitive factors in the businesses in which we compete; continued consumer acceptance of the gaming platforms on which our products operate and our products; 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.

PlayStation 2
Xbox
BloodRayne 2
BloodRayne
Phantom Dust
Blowout
Drake
Guilty Gear X2 #Reload
Maximum Chase
Ultra Bust-A-Move
GameCube
GBA Games
GBA Video
PC
Development
Accessories
TV Arcade