To mark the digital release of the upgrade from Super Street Fighter IV to Ultra Street Fighter IV, Capcom has released a launch trailer showing off the game’s new characters, stages, battle modes and fighting mechanics.

Ultra Street Fighter IV is the third update to 2009’s Street Fighter IV, and will introduce five new characters to the mix, bringing the total roster size to 44. Elena, Hugo, Poison, Rolento, and series newcomer Decapre will each bring their own background stage, as well.

In addition to major rebalancing of every returning character, Ultra Street Fighter IV will also allow players to choose which version of the World Warriors they want to fight with. Fighters who have been in the game since the beginning will have five different versions to choose from.

Players who already own Super Street Fighter IV or Super Street Fighter IV Arcade Edition on PS3 can upgrade to Ultra Street Fighter 4 on June 3, while Xbox 360 players will need to wait an extra day for the download. Both upgrades will cost $14.99. Full retail and digital copies will also be available for $39.99 on August 5. PC players can join in on August 8, with a $14.99 digital upgrade or $29.99 full digital copy. (It’s worth noting that Xbox Live’s Games With Gold program is set to release Super Street Fighter IV: Arcade Edition as a free download in June, making this an even better deal for Live gold members.)