Atlus has announced that they will be working with Vanillaware to bring a classic game to modern consoles in the form of Odin Sphere: Leifthrasir. The team is describing this release as something more than a simple HD remaster of the 2007 PlayStation 2 title and are treating it more as a re-created version of the original title with a number of evolved gameplay systems, new battle actions, animations, enemies, and more, though it is worth noting that an HD remake will also be included in the HD remake.
Odin Sphere: Leifthrasir will be released for the PlayStation 4, PlayStation 3, and PlayStation Vita in Japan on January 14th and you can check out the announcement trailer, where nearly three and a half minutes of gameplay footage is shown off, below.