If you're feeling down in light of the recent word of Stormfront Studio's upcoming closure, here's some good news for a change.

Brad Ruminer, Dennis Booth, and Glenn O'Bannon have announced the formation of TimeFly Studios, an independent game developer specializing in creating action/adventure, rhythm and puzzle titles.

One we're reason we're looking forward to this news is the history that Ruminer, Booth, and O'Bannon have quite a bit of history between them. The trio had a previously worked for Rainbow Studios (a THQ subsidiary), where they collective worked on projects like the MX vs. ATV series, Cars (PSP, Xbox 360, Wii) and , and Star Wars Racer Revenge.

Yeah, we noticed it too - it's pretty odd that a group that's racked up so much experience building racing titles did not mention that in their new studio's itinerary. Regardless, this is one dev that's certainly worth given a look. You can find out more about TimeFly Studios by visiting their site via the source link.