Arc System Works has officially announced a new BlazBlue fighting game, entitled Chrono Phantasma. This new iteration will feature three new characters, Amane Nishiki, Bullet and Azrea, along with new stages and moves. We've got a new trailer and details below.
BlazBlue: Chrono Phantasma will launch in Japanese arcades at the end of the year (as is the custom for most fighting games), probably followed by a PS3, Xbox 360 and Vita version. [Famitsu magazine via Andriasang]