Crytek have announced (thanks VG247)  a brand new FPS franchise called Warface. Little is known about the game at this point but it appears to be a multiplayer online title aimed mostly for the Asian marketplace.

Developed by Crytek, the makers of the award-winning Far Cry(TM), Crysis will be an original first person shooter game for PC based on new intellectual property. "Our focus has always been on innovating gameplay and technology, and bringing new experiences to gamers through our original intellectual properties," says Cevat Yerli, CEO & President of Crytek. "Crysis will be a showcase for that commitment and will offer gamers from all over the world the next step in FPS gaming." Shooter fans will face a new kind of gameplay challenge requiring adaptive tactics and customization of weapons and armor in dynamic, hostile environments as mankind struggles to survive in the face of a horrific alien invasion.