It's Tequila Time Stranglehold Info & Screenshots on Voodoo Extreme is the press release announcing development of Stranglehold, an Unreal-engine third-person action game due in Winter 2006. Described as a "spiritual sequel" to Hard Boiled, John Woo's classic action movie, the game will feature Chow Yun-Fat returning as Inspector Tequila in virtual form and Tequila Time, a variation on slow-mo bullet time described as "innovative," perhaps the result of drinking too much tequila. The first preview for the game is on IGN, and here's a bit from the announcement:

Acclaimed action director John Woo presents Stranglehold, a stunning 3rd-person action adventure videogame for PlayStation 3, Xbox 360 and PC. A "spiritual sequel" to Woo's action masterpiece, "Hard Boiled," Stranglehold redefines the action gaming experience with its acrobatic gunplay, thrilling cinematography, frenetic combat and incredible Massive Destructibility (Massive D). Chow Yun-Fat reprises his signature role as Inspector Tequila, pitting gamers as a take no-prisoners cop waging a personal war with Hong Kong crime lords. Tequila's loyalties to the force are tested when his ex-wife is kidnapped by the Russian mob in Chicago. Tequila struggles to balance his duty to uphold the law with doing what it takes to save his family.