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Free Radical Design shuts down, sad news for Timesplitters fans

http://www.edge-online.com/features/source-free-radical-locked-up

Free Radical was founded by some of the minds behind N64's Goldeneye. the company developed the first three Timesplitters games and a fourth one was in development. a deal with Lucasarts to make the third Battlefront game, some founding members leaving the company, and the failure of Haze are the big reasons why the company closed its doors.

the members that left have set up a new company called Pumpkin Beach. they say theyre going to make games that are vastly different from the shooters they made with Free Radical. but theres still hope.