The technology will be presented at GDC this year in San Francisco.

The press release follows:

Crytek Announces CryENGINE 3

March 11, 2009 - Frankfurt a. M. (Germany), March 11th 2009 - Crytek GmbH ("Crytek") is excited to announce that they will introduce their latest all-in-one game development solution CryENGINE 3, at this year's GDC Expo (March 25th - 27th) in San Francisco.

CryENGINE 3 is the first development platform for Xbox 360, PlayStation 3, MMO, DX9/DX10 that also is truly Next-Gen-Ready - with scalable computation and graphics for all major upcoming platforms. It provides the complete game engine to create AAA quality next generation games, and includes the CryENGINE 3 Sandbox level editor, a production-proven, 3rd generation "What you see is what you play" (WYSIWYP) - tool designed by and for professional developers. CryENGINE 3 comes with significant new features specifically designed for console, online, MMO and Next-Gen game development.