This one reminds me a bit of Shock Troopers. It was being developed by Data West, who had done the Rayxanber series (forget about the first two, but the third one is awesome). Your weapon in this is some sort of flamethrower/whip/grappling hook hybrid.
Regrettably, it looks like the sample found on Demo Demo PlayStation Vol. 4 is all we'll ever see of the game. :cry: It really bites when a game that looks this cool doesn't show up on the shelves.

