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MAJESCO ENTERTAINMENT ANNOUNCES BANANAGRAMS GAME FOR FACEBOOK

EDISON, N.J., July 24, 2008–Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games for the mass market, today announced that the popular anagram game, Bananagrams, will be available August 18 as a free Facebook Application. Developed by Large Animal Games, Bananagrams ignores all the rules of traditional board games in favor of an every-player-for-themselves approach that delivers lightning-fast puzzle play guaranteed to get the mind moving and drive players“bananas.”

“Casual gaming applications have exploded on social networking sites like Facebook and Bananagrams is an ideal fit for the demographic,” said Gui Karyo, Executive Vice President of Operations, Majesco.” With its fast-paced action and addictive but simple gameplay, we believe this game has potential to become one of the most popular gaming applications on the site.”

The object of Bananagrams is to create as many words as quickly as possible from an initial batch of selected tiles. Unlike other turn-based games, Bananagrams has players simultaneously playing to form interconnected words. Once the tile pile is depleted, the player who is able to use all of his or her tiles first wins.

Facebook users will have the option to play alone or online against up to four or eight friends. The game will offer two single player modes– Banana Solitaire and Single Player Banana Café– in which players compete in a timed race to place letters in order to beat their own or their friends’ best times. After honing their anagramming skills in the single player modes, Facebookers will be able to compete against friends in one of two multiplayer modes -- the Classic Multiplayer Game, with up to four players, or the Banana Café, where they can race against time and up to seven other players to take first place! All game modes will let players chat online during gameplay and compare their results against each other via the Bananagrams Leaderboard.

Bananagrams will be available August 18 as a free Facebook Application. After the initial launch, new features will be introduced on a regular basis. For additional information about Majesco’s exciting line of products, please visit: www.majescoentertainment.com.

About Large Animal Games

Large Animal Games is an independent developer and publisher of games that appeal to a wide audience of gamers. Founded in 2001 and headquartered in New York City, Large Animal has developed over 60 games for a variety of platforms. Their original games include Snapshot Adventures: Secret of Bird Island (PC Downloadable and Retail), Rocketbowl (PC Downloadable, Mobile, and XBLA), and Bumper Stars (Facebook). They have developed a platform to help developers integrate their flash games into social networks. More information about Large Animal can be found online at www.largeanimal.com

About Majesco Entertainment Company

Majesco Entertainment Company is a provider of video games for the mass market. Building on 22 years ofoperating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Nancy Drew, Cooking Mama and Cake Mania 2 for Nintendo DS and Cooking Mama: Cook Off for the Wii system. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More information about Majesco can be found online at http://www.majescoentertainment.com.