Sunsoft, who recently rose from the dead in the US market, purchased all of the rights to Telenet Japan’s titles. The now defunct company made many games for the NES, SNES, Genesis / Megadrive, Turbo Graphix 16 and other platforms. Some of their titles include the Valis series, the Cosmic Fantasy series, Exile, and Tenshi no Uta (Poems of the Angel).
Sunsoft plans on releasing many of Telenet Japan’s titles on the Wii’s Virtual Console and on other platforms. On top of releasing the localized titles they plan on bringing Telenet Japan’s Japanese only titles over to North America as well.
Sunsoft is also looking into making remakes for these classic titles, so except more then just regular ports as well.