They are kinda an SM version of Bigbang and FT Island. The youngest member is 14 (Taemin), and is suppose to have like amazing dancing skills. They will be a contemporary band. Shinee means "a person who receives a light". Their ages range from 14-18.
The will release a preview on May 22 as well as begin promotion
credits to bug @ soshified
article : http://www.newsen.com/news_view.php?uid=200805190845361002
The article is just new and yeah it is from Newsen, which is a good source! And the article was just released.
And if people here have heard of the "new SM group" TOUCHS, well that has been confirmed to be untrue. the upcoming group above is the reality!