See 'The Governator' in Action!

Arnold Schwarzenegger officially unveiled the trailer for "The Governator" in Cannes on Monday, and we have your first look!

Arnold's super alter ego was announced last week with a cover story in Entertainment Weekly. Co-created by comic-book legend Stan Lee and inspired by Arnold's real-life stint as California's governor, "The Governator" finds the former bodybuilder and Hollywood star leaving political office to become a crime-fighting vigilante, with his lair located underneath his home in Brentwood, California.

The trailer's description says it all: Who has special "Speak Sprays" (disguised as breath freshener) that let him speak a foreign language? Who has an electronic "Fly Spy" with a mini-cam that activates through his ring, and tracks through his "G Shades"? Who has Bubble Trouble (bubblegum), that splats to form a face mask secret identity? With his 3 amazing teenage cohorts, his underground lair of super vehicles, and his digital super suits, who delivers the ULTIMATE in both comedy and action. The GOVERNATOR!

The trailer also features a fun cameo by Larry King.

"First will come comic books, then a TV series, and after that we will develop the games and then a movie," said Arnold in Cannes.

Look for "The Governator" in 2012.