Epic Games is well-known throughout the gaming community as the developer behind the Unreal Engine that powers many of today's AAA titles. Along with this widely used game engine, they have also been successful with series such as Unreal Tournament and Gears of War.
Lead Animator at the studio has let slip that a new franchise is "on the way." He went on to say that they would have no publishing partner for the game, giving the game more freedom if they choose to go multiplatform. Not much else is known about the title besides a piece of concept artwork. Perhaps more details will be revealed during GDC.