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Majesco Entertainment and Hulk Hogan Take Part in NASDAQ Closing Bell Ceremony

Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, and Hulk Hogan, global sensation, wrestling icon and TNA's IMPACT WRESTLING Superstar, participated in the NASDAQ Closing Bell Ceremony October 14, 2011 at the NASDAQ MarketSite in New York City's Times Square. Hulk Hogan stood side by side with several key Majesco Entertainment executives to ring the Closing Bell in honor of the launch of Majesco Entertainment's Hulk Hogan's Main Event, the first full-body motion-based wrestling video game. Hulk Hogan's Main Event launched exclusively on Kinect™ for Xbox 360® on Tuesday, October 11, 2011.

"We are proud to have been able to celebrate the launch of our game 'Hulk Hogan's Main Event' by having the one-and-only Hulk Hogan himself ring the NASDAQ Closing Bell," said Jesse Sutton, CEO of Majesco Entertainment. "We are committed to bringing well-known brands to market as fun and dynamic games that span all platforms, from gaming consoles that provide a new element of full-body interactivity like the Kinect for Xbox 360, to online, social and mobile mediums as well."