Andria Sang posted up some information on a new 2D fighter coming to the XBOX360 called Phantom Breaker, developed by 5pb. Though not many details are known at this time, it's said the game is to have "simple controls" with the gameplay system including both a "Burst and Tension Gauge". Sounds like they could be taking a page out of BlazBlue gameplay system, but we'll have to wait and see!
There is a Famitsu scan which you can check out below that apparently contains more information about the game. Once more details surface we will be sure to post them up!
Thanks to Nite for sending in this tip!