Timesplitters 4 in development

It's seems like there is still hope out there for {Timesplitters} fans hoping to see the fourth game at some point. According to the Official Xbox Magazine the game was recently shown to a chosen few, and perhaps an official unveiling isn't too far away. It was presumed that the UK branch of Crytek (formerly known as Free Radical Design) would be busy with {Homefront 2}, but as things have been eerily quiet around that game perhaps they are once again working on {Timesplitters 4}.