Epic Games is expanding its “Infinity Blade” game franchise for Apple mobile devices just in time for the new iPad.

Epic executives on Wednesday took to the same stage in San Francisco on Wednesday where the new iPad was announced to disclose that the Cary-based video game is launching a third game for mobile Apple iOS operating system devices.

It’s “Infinity Blade: Dungeon,” which Epic describes as a prequel to Infinity Blade and Infinity Blade II, the first games Epic developed for an Apple platform. Both have been critical successes and sold millions of copies through the Apple app store. Blade II recently was named the best mobile game of 2011. 

Epic’s executive team is in San Francisco touting other products and the new version of its Unreal game development engine at the Game Developers Conference. The engine is one of the world’s most popular among game creators.

Epic’s “Gears of War” franchise has generated more than $1 billion in revenues with well over 15 million copies sold.

Dungeon will be released “later this year,” Epic said.

“Just like Apple has raised the bar for mobile computing, the Infinity Blade franchise has continually re-defined expectations for mobile gaming,” said Epic President Dr. Michael Capps.

“With Infinity Blade: Dungeons we continue the tradition of melding exciting gameplay with beautiful, rich worlds powered by Unreal Engine technology; and Apple’s new iPad allows us to push the boundaries even further,” he added.

Epic describes the game this way:

“Set several thousand years prior to the events in the classic Infinity Blade series, gamers will assume the role of an apprentice weaponsmith who serves the Master of the Forge, sent forth on a perilous quest to forge the one thing the Deathless will come to fear most: the Infinity Blade.

“With a dynamic camera system that takes you in and out of battle, weapon crafting and exploration, Infinity Blade: Dungeons is an innovative take on the dungeon-crawling experience while also expanding the Infinity Blade universe. And with the latest Unreal Engine technology, it showcases what is possible for Apple’s new iPad.”

At the Apple event, Epic executives praised the quality of the new iPad screen resolution, noting that it is much sharper than either the xBox or PlayStation.

Read more about the game here.

Watch a video preview here.

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