Atlus confirmed they will bring Persona 4: The Ultimate in Mayonaka Arena to North America under a slightly different name – from this point on we’ll call it Persona 4: Arena. Persona 4: Arena is a fighting game from BlazBlue developer Arc System Works with the cast from Shin Megami Tensei: Persona 4 and a few guests from Persona 3.

The story takes place after the events in Persona 4 where a Teddie invites the Persona users into the Midnight Arena for a new TV show – a fighting tournament. The P-1 Grand Prix is being advertised on late-night TV and this program shows high school students fighting in battles with deadly stakes. The Investigation Team heads back inside the TV world to see what the P-1 Grand Prix is. Persona 4: The Arena will debut first in arcades with a console release slated for summer in Japan and North America. Atlus will add new console-exclusive story and online modes for the PS3 and Xbox 360 versions of Persona 4: Arena.

http://www.siliconera.com/2012/02/21/persona-4-arena-coming-to-north-america-this-summer/

Yeah, hopefully they'll announce that Persona 4: Golden is coming to the US soon, too! I do believe the story in the fighting game takes place like a year or two after Persona 4, so it's probably a good idea to play that first.

Please Atlus, please find someone to release the darn game in Europe as well and around the same time. I don't want to wait 6 months for this, its ridiculous.

Actually I have hopes that Zen United will pick this game up in UK since they publish the Blazblue and Arc system works games here. And they did a pretty good job of releasing blazblue extend like a week after it came out in US. So I have hope to be playing this dream game soon.