EXHIBIT 99.1
------------


                  MAJESCO REPORTS RECORD FIRST QUARTER RESULTS

         NET REVENUES INCREASE 84 PERCENT; OPERATING INCOME GROWS BY $2
             MILLION AND EXCEEDS PREVIOUS GUIDANCE BY $1.3 MILLION


EDISON, N.J., March 18, 2004 - Majesco Sales Inc., the sole operating subsidiary
of ConnectivCorp (OTC BB: CTTV) and a publisher and distributor of interactive
entertainment products for a variety of platforms, today announced record
financial results for its fiscal first quarter ended January 31, 2004. Revenues
and operating income significantly exceeded previously announced projections.

For the quarter, the Company reported net revenues of $24.6 million, an increase
of 84% versus $13.4 million for the first quarter of fiscal 2003. Gross profit
increased to $7.5 million for the three-month period from $5.3 million in the
first quarter of 2003. The increase in net revenues and gross profit is
primarily due to increased sales of Game Boy(R) Advance hand-held titles during
the quarter. Operating income increased to $2.9 million in the 2004 quarter,
excluding a one-time charge of $577,000 for bad debts related to the Kay-Bee
Toys bankruptcy, versus $267,000 in the three months ended January 31, 2003. Net
income for the quarter was $1.1 million, or $0.01 per share, including a
one-time charge of $342,000 related to the merger and a charge of $315,000
relating to an unrealized loss on a foreign exchange contract.

"We are very pleased with our performance for the first quarter and remain
optimistic for continued growth for the balance of the year," said Jesse Sutton,
Chief Executive Officer of Majesco Sales Inc. "We are very excited by the strong
demand from retailers for our upcoming line up of Game Boy(R) Advance Video(TM)
title, that will allow the 20 million domestic Game Boy(R) Advance and Game
Boy(R) Advance SP owners to view highly popular cartoons from Nickelodeon and
4Kids Entertainment on their portable handheld systems. In the fall, we
anticipate releasing our two key franchise titles, BloodRayne 2 and Advent
Rising; as well as launching a number of Game Boy(R) Advance Video(TM) titles in
the European marketplace. These initiatives should lay the groundwork for a
promising future for Majesco."

The Company delayed its filing of its January 31, 2004 Quarterly Report on Form
10-Q, yesterday, in order to determine appropriate disclosure for the potential
impact on our financial condition and future results of operations of EITF
00-19, Accounting for Derivative Financial




Instruments Indexed To, and Potentially Settled in, a Company's Own Stock" as a
result of our recent private placement. On February 26, 2004, we closed a
private placement for units consisting of preferred stock and warrants and, in
accordance with this EITF, we will be required to record the initial value of
the warrants issued as a liability until a registration statement for the
underlying shares of common stock to be issued upon the conversion of the
preferred stock and the exercise of the warrants is effective. In addition, the
change in the market value of our common stock from the closing date through the
effective date of such registration statement will result in non-cash charges or
credits to operations to reflect the change in value. At the effective date of
the registration statement, the fair value of the warrants will be reclassified
to equity and, accordingly, the net effect of the application of the EITF would
not be expected to have a material impact on our financial position.

The Company expects to file its 10-Q with the Securities and Exchange Commission
next week. Majesco previously announced that it expects net revenues for the
fiscal year ending October 31, 2004 to exceed $89 million, which would be an
increase of at least 89% versus the prior year.

ABOUT MAJESCO

Established in 1986 and headquartered in Edison, NJ, with offices in the United
Kingdom, Majesco is the sole operating unit of ConnectivCorp (OTC BB: CTTV.OB)
and is a leading international developer, publisher and distributor of
interactive entertainment products for the Xbox(R) video game system from
Microsoft, Sony PlayStation(R)2 computer entertainment system, and Nintendo
GameCube(TM) and Game Boy(R) Advance systems, as well as the personal computer.
The Company's 2004 lineup includes the critically acclaimed Advent Rising, the
first in a trilogy of action/adventure games; BloodRayne 2, the sequel to its
popular action/horror series, as well as the launch of its Game Boy(R) 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.

SAFE HARBOR

Certain statements contained herein are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. These forward looking statements may be
identified by reference to a future period(s) or by the use of forward-looking
terminology, such as "may," " will," "intend," "should," "expect," "anticipate,"
"estimate" or "continue" or the negatives thereof or other comparable
terminology. The Company's actual results could differ materially from those
anticipated in such forward-looking statements due to a variety of factors.
These factors include but are not limited to, the demand for




our products; competitive factors in the businesses in which we compete;
continued consumer acceptance of the gaming platforms on which our products
operate and our products; fulfillment of orders preliminarily made by customers;
adverse changes in the securities markets and the availability of and costs
associated with sources of liquidity; changes in national, regional or local
business conditions or economic environments; government fiscal and monetary
policies; and legislative or regulatory changes that affect our business. The
Company does not undertake, and specifically disclaims any obligation, to
release publicly the results of any revisions that may be made to any
forward-looking statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such statements.


                                      #####