Hungarian Zen Studios (Rocky & Bullwinkle XBLA, Mushroom Men: Rise of the Fungi) are working on a Playstation 3 exclusive game based on The Punisher comic using Unreal Engine 3.0. The game is going to be an arena based shooter, and it was announced on the US Playstation blog by managing director Zsolt Kigyossy.
"We're calling the game The Punisher: No Mercy because that's exactly what it is - merciless. For the first time on consoles, you'll see the Marvel Universe through a first-person perspective in some intense arena-based multiplayer action. Also, the game is being built from the ground up with some serious tech - yes, we are using the Unreal Engine 3 (the ultimate FPS engine) for this exclusive PSN release. Our main focus is to create an awesome online multiplayer experience with the style and grit from the Punisher's world, complete with characters like Jigsaw, Bushwacker, Barracuda and even Silver Sable (been reading War Journal lately?...). "