As seen on Astraware's Product Preview Page, Wild Wild Words has been announced.
"You'll have to be quick on the draw to make words out of letters as they fall but don't worry, they don't have to be adjacent - just so they make a word. Make bigger words and the blocks will fall more slowly. As you make words you'll be earning badges you can trade for guesses at the hangman word to get you to the next level. Other great puzzle pieces include free guess Keys, First Aid Gold and TNT!"
No information on pricing or when it is coming out though.