No, that isn't how you would expect them to describe it, but it is a new IP for the studio, which is nice to see.They hired an art director from hitman. Im not convinced its a new IP though, nothing on their site nor their interview indicates its a new IP, just that its 'Project 2'. A few sites have misapropriated their titles. The hitman guy also says its based on a 'spectacular ip' which isnt usually how one describes a new one.