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I have never heard of that game. What is it about?
the name "Time Spliters" sounds a bit cool.
It's a first person shooter thats heavily based around multi player.
The first game (though it had a "story" mode) had virtually no story what-so-ever. You would run through some place shooting stuff, looking for some item, and then when you found the item, these alien things that looked like zombies that shot plasma (time splitters) would teleport in all over the place, and you were supposed to make your way to some little neon circle thing somewhere on the map. It may not sound like mush but it's reeeealy fun. The multi player was superb. The game was so fast paced (it had a very high frame rate so it ran smoothly)... So many guns, so many guns, so many characters, so awesome.
Time Splitters 2 came out several years later for all three consoles (X-Box, PS2, GC). This time, it actually had a plot... kinda. Basically, there was an ancient alien race called the time splitters, with the power to bend time and space... and you have to stop them. A lot of the characters, weapons, and maps from the first game made a return, along with some spiffy new stuff (including a sexy map editor and over 200 different characters this time!)
Time Splitters : Future Perfect is coming out sometime in 2005.
That's it, more or less. I strongly suggest you check out TS1 (PS2) and if you like it, get TS2. You should know, TS1 holds a lot of things over TS2 (faster game play, slightly more guns, and a few fun multiplayer and single player levels that were cut).
EDIT: If you like I could give you more of an in depth description of the plot. There isn't much to it but I still kinda feel like I left out a lot of details.
EDIT2: Oh and there's co-op and all sorts of nifty features like that.