Dubbed Sega Mega Drive Ultimate Collection in Europe, and Sonic's Ultimate Genesis Collection for North America, the Backbone Entertainment-developed compilation will be able to upscale the old-school games to 720p. According to Sega, this brings "a new visual richness to these classic titles."

A complete list of the included titles was not provided, though the company noted the inclusion of Sonic the Hedgehog 1, 2 and 3, Columns, Alien Storm, Ecco the Dolphin, Space Harrier, and Streets of Rage 1, 2 and 3.

In addition, Sega stressed that "the games in the collection have been reproduced with the utmost detail and accuracy to commend their originals."

Update: Sega's site for the pack reveals some more of the included games:

1. Alex Kidd in the Enchanted Castle
2. Alien Storm
3. Altered Beast
4. Beyond Oasis
5. Bonanza Bros.
6. Columns
7. Comix Zone
8. Decap Attack starring Chuck D. Head
9. Dr. Robotnik's Mean Bean Machine
10. Dynamite Headdy
11. Ecco the Dolphin
12. Ecco II: The Tides of Time
13. E-SWAT
14. Fatal Labyrinth
15. Flicky
16. Gain Ground
17. Golden Axe I
18. Golden Axe II
19. Golden Axe III
20. Kid Chameleon
21. Phantasy Star II
22. Phantasy Star III: Generations of Doom
23. Phantasy Star IV: The End of the Millennium
24. Ristar
25. Shining in the Darkness
26. Shining Force
27. Shining Force 2
28. Shinobi III: Return of the Ninja Master
29. Sonic 3D Blast
30. Sonic and Knuckles
31. Sonic Spinball
32. Sonic the Hedgehog
33. Sonic the Hedgehog 2
34. Sonic the Hedgehog 3
35. Streets of Rage
36. Streets of Rage 2
37. Streets of Rage 3
38. Super Thunder Blade
39. Vectorman
40. Vectorman 2