Former members of closed Swedish developer GRIN have formed a new development studio called Whiteout, reports GamesIndustry.biz (registration required), saying they already have a game in development using Crytek's CryENGINE 3. "We've got some very exciting concepts under development," says Whiteout co-founder Joel Fagerlund. "We are currently working on a bigger project in Cry Engine 3, and thanks to the excellent technology and support from Crytek, we have been able to carefully handcraft a playable prototype that will knock your socks off."