It's going to be a JP release though..the game is World Heroes: Gorgeous.

It looks like a decent 2D fighter, what interested me was the fact that you could customize your fighter a bit. It's basically a Neo Geo remake of World Heroes....well if your a 2D fighter fan then you might enjoy this game (it's also very similar to Street Fighter), if your a 3D fighter fanatic you better stick with Tekken. Seeing that it's a JP release I doubt most of us will get to play it. But it's still good to see that 2D games are still being made.

Check out the trailer