
All went quiet on Game Archives releases for Parasite Eve 1 and 2 following a few Twitter hints a couple of months back indicating that Square Enix has been looking into the project. Today, The 3rd Birthday director Hajime Tabata weighed in again with what seems like near confirmation.

Three indie projects influenced by Parasite Eve are in the works, and a strong reception could motivate Square Enix to bring the series back.
At this point, I would settle for them to release the first game on PSN. Such a wonderful game.
The complication is that it is a licensed property, originally a book. Square Enix have the rights to things they designed but not the overall property I believe.

GameSpew's Retro Treasures column looks at Parasite Eve, a cult classic that never quite got the mainstream appreciation it deserved.
Ahead of its time? LOL No. An amazing game? Hell yeah!
By the way, the Real Time blend with Turn based was old by that point. With the Secret of Mana and Star Ocean series coming to mind. And I'm sure there might have been others.

Square Enix suggested they might remaster more games from their storied archives—here are the classics we’d like to see get a new coat of paint.
I would definitely enjoy a Xenogears remaster. Recently finished Legend of Dragoon again (this time with platinum trophy) and would love to dive back into Xenogears with Fei and the rest of the crew.
Square Enix classics? dont they mean Squaresoft. Square Enix dont make classic games, just games with pretty graphics, no heart & soul, boring & over stuffed with woke Gen Z cockiness.
But while were on the subject i would love too see a remaster of Front Mission 3.
I have Parasite Eve on disc but finding Parasite Eve II that isnt at a high price is difficult.
i also have been trying to find Parasite Eve 2,but like you said it's expensive,i hope they bring it to the PSN.
Like its a done deal. I just hope we get them here in the US PSN.