Majesco Holdings announced today that it will officially change its name and ticker symbol on April 11, 2005. The company will be known as Majesco Entertainment Company, and will be traded under the symbol "COOL" rather than "MJES". According to the press release, the "name and ticker changes are designed to more accurately reflect the company's identity as a diversified digital entertainment company".

"We believe that the name Majesco Entertainment Company is indicative of our strategy to provide innovative and appealing digital entertainment products to the consumer," commented an apparently serious Carl Yankowski, Majesco's Chairman and Chief Executive Officer. "Furthermore, we believe our new ticker symbol COOL represents the unique culture and innovative spirit of Majesco."