I found a trailer for this and thought it might be a joke or fake, but a bit of searching found a website with a trailer and everything. Of course, having http://starshiptroopers2.net forward to http://energo-system.cyberdusk.pl/ne/bindex1.html seems a bit odd, but it sounds like it's a direct to video production, so that can be expected. Anticipated release is sometime in the summer of '04.