Publisher Capcom today announced that it has entered into an agreement to license Epic Games’ widely used Unreal Engine 3 game creation toolkit for use in an upcoming, but still unannounced title in development over at Capcom Europe.

“We’re very excited that Capcom has, once again, chosen to use Unreal Engine 3 for one of their upcoming games,” said Mark Rein, vice president, Epic Games. “Capcom is a legendary company in our industry and it is an honor to be able to work with them.”

Platform specifics were not divulged, but considering that the title will be powered by Unreal Engine 3, a release on PlayStation 3 and Xbox 360 is almost a given. When will Capcom spill the first details? That’s anyone’s guess at this point. Though it wouldn’t be unreasonable to expect a full reveal at E3, taking the timing of this announcement into account.

CAPCOM Co., LTD. LICENSES UNREAL ENGINE 3

- Unreal Engine 3, the Most Cutting-Edge Game Engine in the Industry, to Power Unannounced European Title Being Developed by Capcom -

OSAKA, JAPAN (June 25, 2008) — Capcom Co., LTD., a leading developer and publisher of video games, with corporate headquarters located in Osaka, Japan, announced today that it has entered into an agreement to license Unreal Engine 3 from Epic Games, Inc. This is the second agreement between Capcom and Epic Games on licensing Unreal Engine 3.

“Unreal Engine 3 is a perfect fit for this project being developed in Europe, and is capable of ensuring a high-quality game experience. Not only does the development team have thorough knowledge of Unreal Engine 3, the general versatility of Unreal Engine 3 will fully meet the requirements particular to this project”, said Keiji Inafune, Managing Corporate Officer, R&D Management Group of Capcom. “Unreal Engine 3 comes with a wide variety of functions required for next-generation game development, and it provides ease of use. On top of that, one of the major advantages is the well-established support system. We are delighted to enter into this license agreement, and have strong backup by Epic Games. With Unreal Engine 3, we can expect high development efficiency as well as high creativity within the development team.”

“We’re very excited that Capcom has, once again, chosen to use Unreal Engine 3 for one of their upcoming games,” said Mark Rein, vice president, Epic Games. “Capcom is a legendary company in our industry and it is an honor to be able to work with them.”

Read more: EA Extends Unreal Engine 3 License Agreement, SEGA Extends Unreal Engine 3 License, 2K Games Licenses Unreal Engine 3 For Upcoming Titles, Red Mile Entertainment Licenses Unreal Engine 3 For Sin City, Epic Games Acquires Undertow Developers