Warner Bros. has announced a reboot of the cult classic arcade role-playing dungeon crawler Gauntlet.

The new Gauntlet is described as a "completely modernised" action RPG, and is due out this summer for PC via Steam, with support for SteamOS and the Steam Machines.

It comes as part of the launch of WB Games Vault, a direct-to-digital portfolio that will deliver paid games based on Warner Bros. and Midway brands, plus original IP.

"With Gauntlet we combined the arcade style of the original game with an entirely new look and feature set that includes emergent, local and online four-player gameplay," said Warner Bros. Interactive Entertainment digital games boss David Haddad.

"Gauntlet will be the first title in the WB Games Vault portfolio, which will provide us with an opportunity to access emerging talent within the game development community and match unique skills and experience with our extensive library of properties."

Gauntlet is developed by Arrowhead Game Studios, maker of Magicka and Helldiver. As with the original, you select from four fantasy characters: the Wizard, Warrior, Valkyrie or Elf.

Arrowhead chief Johan Pilestedt said: "To us at Arrowhead, Gauntlet is one of the most defining games from our childhoods, and it's amazing to be able to work with Warner Bros. Interactive Entertainment on a brand new version.

"Gauntlet is one of the original and best known video game properties and we are looking forward to creating a fresh, yet true to the original, take on a multiplayer masterpiece."

Debut trailer is below.