What it says, Namco is going to officially unveil this @ E3 this year, but they let out a few screenshots and details about the new game, called Soul Calibur: Broken Destiny.
For those unaware, they're also porting Tekken 6 to the PSP as well, but Soul Calibur: Broken Destiny will be a brand new game, not a port. It's supposed to have around 20 characters, with at least one brand new one.
Couple screenshots, looks amazing for a PSP game
http://img.qj.net/uploads/articles_m...-01.jpg?465335
http://img.qj.net/uploads/articles_m...-05.jpg?799705
http://img.qj.net/uploads/articles_m...-03.jpg?577790