This project isn't dead. We are creating more games, but cant give much priority to this game due to the lack of knowledge about CryEngine. So we are planning to recreate it in a new engine. Also we will be adding alot of original features to differ it from the Ubisoft's Tom Clancy's The Division. You can suggest a engine if you want ;) !
Not Dead!
Everyone's going on about Unreal Engine 4, so I guess that's an option?