Over the Thanksgiving break, Copenhagen-based development studio Zero Point software announced that it is currently working on a brand new first-person shooter for the Xbox 360, PlayStation 3, and Windows PC platforms. The first of a planned trilogy and game known as "Project IM" will be steeped heavily in science-fiction lore and focus on co-op gameplay and realistic mechanics. As is the trend with next-gen shooters, Project IM will also utilize Epic's Unreal Engine 3 technology and is currently in the pre-development and negotiation phase (re: it's in need of a publisher).
Additional gameplay details are pretty scarce. Though it is known that the storyline is set far into a "believable future" where players assume the role of a newly-enlisted Special Forces soldier armed to the teeth with weapons, armor, and gadgetry. Moreover, up to four simultaneous players will be able to participate cooperatively and missions will be randomized and non-linear. Tactical and role-playing elements are also expected.
IGN