It appears NBGI will be giving Soul Calibur the Dark Ressurection treatment.

Soul Calibur 4 is getting a “port” to the PSP. From what little news we have, Soul Calibur Broken Destiny will be based off the SC4 system. And it will have character creation, a story mode, survival mode and Adhoc versus! There will also be a new character named Dampierre.. whom i’m so going to play lol.

Link to source (Gamespot)

Picture taken from Destructoid.