High-end Bloodrayne2 Collectable Announced

Toronto Canada, November 28, 2004 -Martian Factory announces the first collectable
statue based on Majesco Games' Triple 'A' video game title "Bloodrayne2".
The 12-inch scale statue sculpted by artist Claudio Setti (www.claudiosetti.com)
will depict Rayne, the game's title character, in her original leather
outfit and killer attitude!

"So you've seen her in leather and admired her in black silk but
imagine how good Rayne's curves will look sculpted in resin! Oh yeeahhh!
Martian Factory is creating limited edition BloodRayne sculptures that will
be available for purchase in early 2005. Just imagine 12" of Rayne on
your shelf or desk. Now get your mind out of the gutter and go play the demo!
Next newsletter we'll give you a sneaky peak at what our girl will look like.
Stay tuned"

About Martian Factory

Martian Factory is a unique design collective of top industry artists working
together in providing customers with full service development, from concept
to finished product, making ideas come to life! The company offers sculpting,
prototyping, publishing, illustration, web design, print graphics, product
development, sequential art and story boarding, awards and corporate video
production, always on time and within budget. Martian Factory has recently
acquired the rights to produce a 12 inch scale, limited edition resin statue,
based on Majesco Games' (www.majescogames.com) Triple A video game title "BloodRayne2" launching
the company into the collectables market.

Visit: www.martianfactory.com for more info.

About Majesco

Majesco Holdings Inc. (OTC BB: MJSH), operating through its wholly owned subsidiary,
Majesco Sales Inc., is a provider of diversified applications and content for
digital entertainment platforms. The Company's 2004 lineup includes BloodRayne
2, the sequel to its popular action/horror series, and its Game Boy Advance
Video product line which utilizes the Company's proprietary video compression
technology to enable consumers to view commercial-grade video on a standard
Nintendo Game Boy Advance system. Advent Rising, the first in a trilogy of
action/adventure games, is expected to ship to stores in 2005. More information
about the Company can be found online at www.majescogames.com.