Alien Fear is a just-announced upcoming FPS for XBLA and PSN from Sniper: Ghost Warrior 2 dev City Interactive, a press release confirms. There's no release date mentioned and not much info about the game to go on right now, but City promises to release more details "in the near future."
The Unreal Engine 3-powered FPS features run-and-gun action in which players "assume the role of a highly trained elite commando on a mission of sabotage." The press release makes it sound like there are both competitive and cooperative elements. And... that's it. All Games Beta has some nifty-looking concept art, but none of it really hints at what to expect from Alien Fear beyond the sci-fi setting.