Summit picks up 'Now You See Me' spec

5:18 AM PDT 10/14/2010 by Borys Kit, AP

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Project is by writers Yakin, Ricourt; Kurtzman Orci to produce

Summit is saying "I see you" to writers Boaz Yakin and Edward Ricourt.

The company, one of the most active buyers in Hollywood, has picked up the duo's spec "Now You See Me" with Alex Kurtzman and Roberto Orci attached to produce via their Kurtzman Orci Paper Products production banner.

The project is described as a thriller that "pits a crack FBI squad in a game of cat-and-mouse against a super-team of the world's greatest illusionists, who pull off a series of daring bank heists during their performances, showering the profits on their audiences while staying one step ahead of the law."

Yakin will executive produce along with Kurtzman Orci Paper Products' Bobby Cohen.

Yakin, repped by CAA, is a longtime Hollywood vet who has written movies such as "The Rookie" starring Clint Eastwood and Charlie Sheen and directed 2000's "Remember the Titans." He most recently co-wrote "Prince of Persia" and will next direct "Safe," a thriller starring Jason Statham.

Ricourt is a member of Marvel Studios' Writing Program and wrote "Year 12," currently in development at Paramount with Joe Roth producing. He is repped by CAA and the Gotham Group.

The two first worked together on a horror project called "Abraham's Daughter," which was set up at GreeneStreet.

Kurtzman and Orci are currently working on the rebooted "Hawaii Five-0" and producing "Cowboys and Aliens," the sci-fi Western directed by Jon Favreau and starring Daniel Craig that goes before cameras this summer.