Basically, everything you read in the title and teaser, is everything that's known about this film right now.
There's really not a whole lot I could find on this film other then what I'm about to post. It's being released by Ninety One Pictures, written and directed by Tyson Johnston and stars Curtis SImmons and Alain Singaye as two friends who find themselves in the middles of Earth's first encounter with extraterrestral life.
Here's the poster for the film, as well as the teaser trailer and VFX video showing some more shots.
EXIST : Trailer : Sci-fi from Tyson Johnston on Vimeo.
Visual Effects Demo Reel // Tyson Johnston 2010 from Tyson Johnston on Vimeo.
Personally, even with how vague everything is, I'm intrigued, and excited.