GarageGames was of course founded by many ex-Dynamix employees, and the source said the company would most likely be making an official announcement for the game in December. Shacknews has separately learned GarageGames has increased its employee count severalfold throughout 2007, with the goal of moving more into full game development alongside its Torque middleware and engine products. Development of the Tribes-like title began two months ago, the source added, but the cycle should be relatively short compared to most projects.
Combined with the instant online distribution of InstantAction.com, a 2008 release would seem fairly probable. For more on InstantAction.com, check out the Shack's coverage of the venture and previews of a few already announced titles.