Midway and Microsoft today announced that Ultimate Mortal Kombat 3 has been released via Xbox Live Arcade for Xbox 360. The game features 22 fighters with unique abilities, 2–v–2 Kombat mode, various environments including Scorpion's Lair, Jade's Desert, Kahn's Kave, River Kombat and Noob's Dorfen, and the new "Challenger Versus" mode which allows up to 4 players to compete in a "winner–stays–on" style challenge system. Check full story for details.