Game Description:One of the "Capcom 5" projects, Dead Phoenix was a third-person flight game. You'd take on the role of an angelic, winged man armed with massive guns. A trailer was also released, which depicted the main character blasting his way through scores of enemies and massive bosses. The hero's arm also appeared to continually evolve into different types of energy cannons -- eventually transforming the main character into a phoenix.
The project was cancelled in production and not released in any territory.