Most gamers who have spent time playing game consoles will have fond memories of Street Fighter games. Capcom officially announced today that development is underway for a new Street Fighter IV game.

The new title will include four classic warriors from the old games including Ryu, Ken, Chun-Li, and Dhalsim. Capcom says the environments are rendered in stylized 3D graphics, but the game is played in classic 2D perspective as previous Street Fighter games.

Some 3D camera flourishes will be added says Capcom. The game will include new special moves for the fighters and new locations never seen in Street fighter games. New elements promise to attract Street fighter fans new and old.

Via Capcom.