Something's been icking at me every since I 1st visit that site! I kept wondering why the heck is it called Forgotten Memories: Director's Cut Edition? You normally don't put Director's Cut on something unless there's an Original Version. But there has never been a Forgotten Memories game on any system[!]
After digging a little deeper, I found out that they announced years ago the game will be release the summer of 2013.
Folks, Regarding the release date of the new Forgotten Memories. We want to avoid "You've promised X month and now we have to wait X months dilemma". We'll announce final release date 6 months prior to release. The game will be digitally distributed everywhere and we are working with various retailers to distribute a boxed version for consoles around the world. We'll keep updating our social sites as we move development forward (and it's moving really fast btw) no more projects partitioning, the whole crew is on it at full time. Regards,
Yeah, don't hold your breath! That remains to be seen. A New Silent Hill would be announce before this game is release.
December 23, 2016
Thank you guys for being patient and supporting us. We have great news to share about Forgotten Memories after holidays. With love from Psychoz Team!
November 15, 2016
The feature is called volumetric lighting and shadows. This technique is an improved version of the one seen in Alan Wake but goes beyond that as the whole scene is volumetric (instead of casting volumetric primitives).