Cascade Game Foundry announces its existence to the world as a new development studio focused on creating simulations, said to be currently "hard at work on the design and demo for their first project." This Seattle, Washington-based developer is headed up by former executives of Microsoft's Aces Studio, which was disolved earlier this year, and their staff includes a "number of other former Aces members and game industry veterans." The Cascade Game Foundry Website is online, and here's a bit from the press release:

Seattle, Washington, October 13, 2009 – Cascade Game Foundry, a new game development studio in Washington, today announced their entry into the simulation marketplace with an experienced team of industry pros poised to create a portfolio of innovative and engaging products which will appeal to both aficionados and people new to the genre.

The two founders, Creative Director Rick Selby and Managing Director Kathie Flood, are no strangers to simulations - both are former Microsoft Aces Studio leaders and industry veterans. Not only will Cascade Game Foundry address the significant hole in the simulation market left by Microsoft’s recent departure, it will push new boundaries with the latest in cutting-edge graphics, simulation and web technology.