Now the third game in the works is called Alien Fear from developer Farm 51. It's a sci-fi shooter and it likely uses the Unreal Engine 3, not CryEngine 3.
created Necrovision and also helped out on RPG Two Worlds II. The studio revealed they've signed with City Interactive and then announced their Alien Fear game. It's coming to PC as well as other platforms.
The sequel to Sniper: Ghost Warrior and the WWII shooter are using Crytek's new fancy CryEngine 3 tech. City Interactive said back in December that one of their projects in the pipe will be using Unreal Engine 3 for its foundations - most likely Alien Fear.