BNET Industries

Market Cap:$38.9M
Last Fiscal Year Sales:$63.8M
  • Public
  • US
Dow Jones Description

We are a provider of interactive entertainment products. We sell our products primarily to large retail chains, specialty retail stores, video game rental outlets and distributors. We also sell our products internationally through distribution agreements with other publishers. We have developed our retail and distribution network over our 22-year history. We publish video game software for most major interactive entertainment hardware platforms, including Nintendos Wii, Game Boy Advance, or GBA, DS, Sonys PlayStation 3, or PS3, PlayStation 2, or PS2, and PlayStation Portable, or PSP, Microsofts Xbox, Xbox 360, the personal computer, or PC, and other mobile devices. Our video game titles are targeted at various demographics at a range of price points, from lower-priced value titles to more expensive premium titles. In some instances, these titles are based on licenses of well known properties, and in other cases based on original properties. We collaborate and enter into agreements with content providers and video game development studios for the creation of the majority of our video games. Our business model and product strategy is primarily focused on games with relatively lower development costs for both console and handheld systems targeting mass-market consumers. We believe this strategy allows us to capitalize on our strengths and expertise while reducing some of the cost and risk associated with publishing a large number of premium console titles. ...

Number of Employees 96
Contact Information

160 Raritan Ctr Pkwy

Edison, New Jersey 08837

majescoentertai...

(732) 225-8910

NAICS Code Software Publishers: 511210

Recent Events

  • Majesco Entertainment Celebrates Hello Kitty'sR 35th Anniversary With 'Hello Kitty Party' For Nintendo DSTM Join...

    11/09/09 - Joint Venture / Alliance - View Story

  • To be released in late 2010

    10/31/09 - Product Announcement - View Story

  • Majesco Entertainment Releases A Boy and His Blob For Wii

    10/15/09 - Product Announcement - View Story

  • Majesco Releases Our House Party! For Wii and Our House For Nintendo DS

    9/22/09 - Product Announcement - View Story

  • Game Publisher Majesco to Raise $9.63 Million in Offering

    9/18/09 - New Investment - View Story

  • GetFugu Partners With Majesco Entertainment to Make Video Game Ads and Packaging...

    9/15/09 - Joint Venture / Alliance - View Story

  • Kroger, Best Buy Drop; Teradyne, Yahoo Rise

    9/17/09 - Financial Announcement - View Story

  • Majesco Entertainment joins forces with Tetris Online inc.

    8/21/09 - Joint Venture / Alliance - View Story

  • Majesco Entertainment Company Reports Second Quarter 2009 Financial Results

    6/15/09 - Financial Announcement - View Story

News & Analysis

majesco entertainment co. - All News and Analysis

Decision Makers

Name (plus bio) Position
JESSE SUTTON CEO
Jan E. Chason CFO
John Gross CFO & Executive Vice President
Kevin Ray Chief Technology Officer
Joseph Sutton Executive Vice President, R & D
Adam Sultan General Counsel, Secretary & Senior Vice President, Business & Legal Affiars

Board of Directors

Name (plus bio) Position
Allan Grafman Chair of Board
Keith McCurdy Board of Directors
Laurence Aronson Board of Directors
Laurence Aroonson Board of Directors
Louis Lipschitz Board of Directors
Mark Stewart Board of Directors
Peter Cuneo Board of Directors
Steven Wilson Board of Directors

As CEO, Jesse Sutton oversees all aspects of our day-to-day operations. As a Majesco co-founder, Jesse brings to our company more than 20 years experience in business management and has been instrumental in developing and overseeing all of Majesco's key strategic alliances.

Organization Position Status
Majesco Entertainment Company. CEO Current
Majesco Entertainment Company. Board of Directors Current
Majesco Entertainment Company. President Former
Pipe Dream Interactive Inc. President Former

Organization Position Status
Majesco Entertainment Company. CFO Current

Organization Position Status
Majesco Entertainment Company. CFO & Executive Vice President Current
Rare Medium Chief Financial Officer Former
FactSet Research Systems, Inc. Cfo Former
FactSet Research Systems, Inc. Vice President, Corporate Development Former
PepsiCo, Inc. Former
Cadbury Schweppes plc Former

Kevin Ray / Chief Technology Officer. Kevin Ray has 14 years of experience in engineering and programming, including seven years in the interactive entertainment industry. Previous positions include CTO of Mattel Interactive, VP of Engineering at Games.com, Director of Technology at Hasbro Interactive and Principle Engineer at MicroProse. Prior to this, Mr. Ray was Director of OzzLab at Ozz Research and Director of Engineering at Byte by Byte Corporation, where he worked on the development of one of the first commercial 3d modeling, rendering and animation programs, Sculpt 3d.

Organization Position Status
Majesco Entertainment Company. Chief Technology Officer Current
Games, Inc. Vice President of Engineering Current
Hasbro Interactive Director of Technology Current
Principle Inc Director of Technology Current
Byte.Com Director of Engineering Former

Organization Position Status
Majesco Entertainment Company. Executive Vice President, R & D Current
Majesco Entertainment Company. Board of Directors Former

Organization Position Status
Majesco Entertainment Company. General Counsel, Secretary & Senior Vice President, Business & Legal Affiars Current
Majesco Entertainment Company. General Counsel Former
Fordham University Law Degree Former
Fordham University Degree Former
Rutgers University Former

Organization Position Status
Mercury Capital Partners, L.P. Principal of Mercury Capital Partners III Current
Mighty Crusaders Current
Majesco Entertainment Company. Chair of Board Current
All Media Ventures President Former
Archie Comics Entertainment, LLC President Former
Hallmark Entertainment Inc. Cfo Former
Hallmark Entertainment Inc. Executive Vice President Former
ZVUE Corporation Board of Directors Former
Columbia University MBA Former
Indiana University BA Former

Organization Position Status
Majesco Entertainment Company. Board of Directors Current

Mr. Aronson has served as one of our directors since November 4, 2004. From 2003 to the present, Mr. Aronson has served as the President and Chief Executive Officer of Cartwheel LLC, a marketing services company. From 2000 to 2003, he was the President of North American Sales and Customer Marketing at Revlon. Prior to that he held senior leadership positions at Procter & Gamble and Warner Lambert/Adams USA.

Organization Position Status
Majesco Entertainment Company. Board of Directors Current
Cartwheel LLC Chief Executive Officer Former
Revlon, Inc. President Former
Cartwheel LLC President Former

Organization Position Status
Majesco Entertainment Company. Board of Directors Current

Organization Position Status
Gennisi Executive Vice President, Chief Financial Officer Current
Forward Industries, Inc. Director of New Alternatives Current
Finlay Enterprises, Inc. Director of New Alternatives Current
The Children's Place Retail Stores, Inc. Director of New Alternatives Current
Majesco Entertainment Company. Board of Directors Current
The Children's Place Retail Stores, Inc. Board of Directors Current
New Alternatives, Inc Board Member Current
New York & Company, Inc. Board of Directors Current
The Henry H. Kessler Foundation, Inc Board of Directors Current
Finlay Enterprises, Inc. Board of Directors Current
Forward Industries, Inc. Board of Directors Current
New Alternatives for Children, Inc Board of Directors Current
Toys "R" Us, Inc. Chief Financial Officer Former
Toys & Co. Chief Financial Officer Former
Toys & Co. Executive Vice President Former
Toys "R" Us, Inc. Executive Vice President Former
Hunter College of the City University of New York B.S. In Accounting Former
Boston College Former

Mr. Stewart has served as one of our directors since January 17, 2007. Mr. Stewart previously served as Chief Executive Officer of Kodak Polychrome Graphics. Prior to that, he served as Chief Financial Officer for Qualex Inc., Liggett Group, Inc. and Simon & Schuster's trade publishing group.

Organization Position Status
Majesco Entertainment Company. Board of Directors Current
Qualex Inc. Chief Financial Officer Former
Liggett Group Inc. Chief Financial Officer Former
Simon & Schuster, Inc. Chief Financial Officer Former

Organization Position Status
Majesco Entertainment Company. Board of Directors Current
Remington Products CEO Former
The Black & Decker Corporation president Former
Remington Products president Former
Harvard Business School MBA Former
Alfred University BF in Ceramic Engineering Former

Organization Position Status
Camelot Equity Partners, LLC Partner Current
L.E.K. Consulting LLC Board of Directors Current
Brock Capital Group LLC Board of Directors Current
Knobias, Inc. Board of Directors Current
Building Excellent Schools Board of Directors Current
Majesco Entertainment Company. Board of Directors Current
Advantage Schools CEO Former
The Franklin Mint President Former
Footstar, Inc. Chief Financial Officer Former
Bridge Information Systems Chief Financial Officer Former
The Reader's Digest Association, Inc. Executive Vice President and Chief Financial Officer Former
The Edison Schools, Inc. Executive Vice President for Product Development Former
Bridge Information Systems Executive Vice President Former
Footstar, Inc. Executive Vice President Former
The Center for Business Fellow Former
Harvard University Fellow Former
Footstar, Inc. Supplemental Executive Retirement Plan Former
Newport News Shipbuilding Board of Directors Former
Harvard University M.B.A. Former
Annapolis.Com B.S. Former
John F. Kennedy School of Government Former

Executive News

  • Majesco Entertainment Announces 'Cooking Mama 3' For Nintendo DS(TM)

    Reuters - 7/07/09 - View Story

  • Majesco Entertainment Announces 'Cooking Mama 3' For Nintendo DS(TM) Now You Can Shop for Ingredients and Create Your Own Dishes With the Infamous Kitchen Matriarch

    DMN Newswire - 7/07/09 - View Story

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     COOL $1.01 +0.08 (8.60% )
Average Volume 284,379
Shares Outstanding 32.13M
Market Cap 32.5M
Year High 2.39
Year Low 0.4
Earnings Per Share -0.08
P/E Ratio -12.63
Dividend N/A
Yield N/A
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