Perhaps some of you have heard of the unofficial sequel called "Open Outcast", which is made by many Outcast Fans, after the official sequel was cancelled years ago. The project is in the works for years now and looks very, very promising. There was already a Tech-Demo (Oasis 1.1), released 2 years ago where you can see the amazing quality of this fan project. You need "Crysis Wars" though to run it, as it is a total conversion mod.

Now they have announced an official demo, and it will be coming out on 31st March!
I'm really excited and I'm definitely looking forward to it!

Here's the website:
http://www.openoutcast.org/wp/

Awesome, thanks for the news. I've been following this project for a long time now.

Edit: They already delayed it: http://www.openoutcast.org/wp/2013/03/delay-release/
but I'm just glad to hear that they are still working on it.