Taito's classic Rainbow Islands endeared itself to an entire generation of gamers in the late 1980s with its playful mix of intense platforming challenges, a delightfully cute visual style and, of course, a heavy emphasis on rainbow-firing action.

A Research and Markets study reveals Microsoft's use of its Xbox Live web-based service to deliver TV shows and movies directly to the TV set, bypassing the traditional route of cable system and telco video distribution, will bring in almost 100 million in 2007.

Developed by Arte Piazza, Innocent Life changes setting from a rural environment to a more sci-fi surrounding. The game takes place on a small island in the near future, and as before you will be growing flowers and vegetables. You no longer play as a human, but a humanoid robot, created by his scientist father Dr. Hope.

Today Nintendo added yet another 3 classic games to the Wii's Shop Channel. Wii owners with a high-speed Internet access can redeem Wii Points to download the following titles : Xevious, R-Type III: The Third Lightning, and Moto Roader.

EverQuest: The Buried Sea, the 13th expansion for its MMORPG EverQuest, adds two new worlds to explore, ship-to-ship combat on the open seas against swash-buckling pirates, and a variety of new missions created especially for this expansion

JoWooD Productions announces the conclusion of a further co-oublishing agreement with Koch Media. Due to the successful cooperation during the production of titles like Gothic 3, The Guild 2 and SpellForce 2, the stage for an ongoing partnership has been set.

Io is a stealth based 3D side-scroller game, where you have to investigate & retrieve the Nautilus-114, a rather expensive interstellar research spacecraft now lies marooned in the orbit of Jupiters moon, io.

SunAge is a futuristic RTS where the player can experience 3 different races with each there arsenal of units, buildings and upgrades, taking place across 2 different worlds. Lighthouse Interactive today announced that SunAge has been pushed back to a new release date of April 2007.

Virtua Fighter 5 raises the bar for console fighting games including all the features fans know and love plus enhanced gameplay mechanics, additional characters and new fighting styles, as well as newly redesigned 3D environments.

While not officially announced, it seems Slovenian developer Zootfly, known for Panzer Elite action, is working on bringing the cult/classic Ghostbusters movie Ghostbusters back to live. One of the leaked clips features the likeness of Bill Murray which might indicate this is an actual licensed game, albeit in-game weapons and vehicles might indicate it is set after the conclusion of the movies. The game also seems to feature quite a bit of destructable environmenments. A recent investors document confirms Zootfly as the developer, which also made mention of Painkiller 2 and The Foreign Legion.