The sci-fi game - unofficially based on the Alien movies - was released in 1991 for the Commodore Amiga and in 1993 for MS-DOS.
"Alien Breed is making a very long-awaited return," Brown told Develop. "It's something we've always wanted to do, and despite being exceptionally close on a number of occasions to getting the right deal on various platforms, it never worked out.
"Fortunately sci-fi action is back in fashion, and we look forward to delivering Alien Breed - the details of which may surprise a few people when we cough them out."
Brown also confirmed the title will not be a first-person shooter, nor will it be a remake of the 1991 original.
The game has been in production for several months. Press previews are expected from early next year.