Fans of the horror FPS series F.E.A.R. will be excited to know that Day 1 Studios has decided to take on the next instalment, F.E.A.R. 3 with the previous developer, Monolith handballing the franchise over.

It will be very interesting how this one turns out and a lot of anticipation will likely build up through its development stages with John Carpenter getting involved whom is a fantastic film director for horror movies such as the Halloween series, Village of the Damned and many others.

Comic writer Steve Niles is also said to be getting in on this project as a co-writer for the development of the script.

Enhanced multiplayer elements are expected to be added to this instalment and apparently it could be ready as early as fall of this year. Let's just hope it's not rushed too much and is polished well without compromise.

It's expected to be released for all the major platforms; Xbox 360, PlayStation 3 and of course, the PC.