Crytek, developers of Crysis, said a while ago they wanted to move into console development & now the team announced their brand new graphics engine.
The engine works on the Xbox 360, DirectX 9/10 (Windows XP/Vista) & PS3. The engine's scalability will allow developers to work on a variety of genres, such as action games & MMOs; however, in addition to focusing on the now, Crytek is touting their new engine is the only one designed for the next generation of gaming.
Carl Jones, director of business development, refuses to be humble about this announcement. "CryENGINE 3 will set the benchmark for complete game engine solutions in performance, and services to game engine licensees and their players. We've been preparing a long time for CryENGINE on consoles and we're confident that Crytek will again amaze developers at GDC." as reported by Joystiq.com.
The business team will be available at GDC later this month to discuss licensing details.
