Red 5 Announces Persistent, Online Team-Based Shooter 'Firefall' Red 5 Studios have announced Firefall

The game looks like a cross-between Tribes and Borderlands and the gameplay looks solid. Beta sign-ups are now open at the game's official website, as well.

Here's the gameplay demonstration, featuring jetpacks, first- and third-person play, vehicles, and a lot of gunplay.

The cinematic trailer can be viewed below.

The game is scheduled for release in 2011 on the PC.