RaiderZ Online?

I've stumbled upon this vid of RaiderZ, action-based gameplay like Vindictus, Divine Souls...
What I'm wondering, is there still words about this game or has it been put in the frig?

YouTube - RaiderZ Online Gameplay Trailer

There's no news about a western version of the game yet, but the asian version is up and running...as always.
RaiderZ Game Preview - MMO Hut - there's a link to the website here.