Street Fighter III - New Generation (ストリートファイターⅢ Sutorīto Faitā Surī?) is a 1997 fighting game released for the arcade. Produced for the CD-ROM-based CPS III hardware, which allowed for more elaborate 2D graphics than the CPS II-based Street Fighter Alpha games, while revamping many of the recurring gameplay features. The game, which was designed as a direct sequel to the Street Fighter II series, discarded all the original characters, with the exception of Ryu and Ken, with an all new character roster led by Alex (hence the "New Generation" subtitle). Likewise, a new antagonist named Gill took over M. Bison's role from the previous games as the new boss character.
Street Fighter III was followed by an updated version released during the same year titled Street Fighter III 2nd Impact - Giant Attack (ストリートファイターⅢ セカンドインパクト?), which introduced a few new features and characters. A third version, titled Street Fighter III 3rd Strike - Fight for the Future (ストリートファイターⅢ サードストライク?), was released for the arcades in 1999.