Square Enix have announced
the development of Lord of Arcana, a new action game for the PSP.
The game, which bears resemblance to Capcom's Monster Hunter is set in the world of Horodyn where players take on the role of slayers trying to get their hands on the incredible power of Arcana, a stone that is the source of all order in Horodyn.
It also boasts simultaneous multi-player for up to four players and artwork from "well-known illustrators", though it doesn't go into specifics.
An official website
has also been launched for the game.