I doubt there will be much breaking news coming from GDC 2012, but I added that tag to the post title anyway. Mercenary Ops is a third-person (TPS) multiplayer online game developed by Epic Games Shanghai, using the company’s very own Unreal Engine 3 of course. The game is also known as Global Command in China.
Although I am a lousy gamer when it comes to the shooter genre, the typical FPS mode has lesser controls and actions, compared to the TPS genre where more keys are needed to take cover (FPS just hides behind something) or to roll over (I think this is in some FPS already).