http://www.mythos.com/
The devs have also let slip that a special sneak peek event will take place for registered beta participants between January 27th and 31st.
Close beta starts Feb 8th.
This game was started by Flagship studio's around the same time they put out Hellgate:London. Since then the studio as failed and the project was bought by another company.
The original dev team was the Blizzard North team. The original creators of Diablo and Diablo 2.
I'm not sure if they new team has kept the same design concept as when it was created but this will sure be a nice time sink till D3.