The Master System III was released in 2003 by Brazilian toy manufacturer Tec Toy. It is exclusive to the Brazilian market where it is still a popular system. Externally the console is the same as the Master System II apart from the colour, which is a very light grey instead of being dark grey.
In fact the Master System III is still on sale to this day. The current version, Master System 3 - 120 Super Jogos Na Memória, comes with 120 games built in.
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Interesting to note that this version of the Master System was packaged with six button controllers similar to the ones that were made for the Genesis a decade prior. Which makes me wonder if they''re compatible with a Sega Genesis....
Friday 15th February 2019
The Master System III is like an low cost video game console, here in Brazil, for the low class. The actual price in Reais (BRL) is R$ 165, or in today cottage (01/15/09), US$ 70.