The action RPG was one of the first games announced for PlayStation Vita during Sony's E3 2011 press conference. It will also be available for PlayStation 3, allowing players to use the same save file across both systems.
It will also include social features, allowing players to show off their accomplishments through both social network integration and personalized in-game lairs.
The game is being co-developed by Pain studio Idol Minds and Sony San Diego.
Warrior's Lair is expected to release in 2012, though an exact date has not been set at this time.
PlayStation Vita will launch February 22 in North America and Europe.
> PlayStation Vita full US launch lineup announced
> PlayStation Vita UK launch lineup revealed
> PlayStation Vita UK game prices revealed