-published by Ubisoft
-official development started Jan. 2008
-concept started Oct. 2007
-to be released in Sept. 2009
-2.5D Fighter
-Interactive Stages
-4 player versus
-Story Mode
-Battle Royal
-Tournament
-Winner Stays
-Loser Stays
-Practice
-Unlockable Characters
-Unlockable Stages
-Online aspects said to be better than Brawl implementation
-Each character is color coded with glowing effect to make 4-player battles easy to follow

"While this is a licensed game, it's not tied to any movie or TV show...for this game to succeed on its own it needs to be a great game." - Ubisoft producer

Thanks to travisf for the heads up!

Link