Marvel Super Heroes vs. Street Fighter was released in June 1997 in the Japanese arcades. It was known as the 23th video game released on the CPS-II hardware.
Known export releases:
"Marvel Super Heroes vs. Street Fighter [Blue Board]
"Marvel Super Heroes vs. Street Fighter [Grey Board]
"Marvel Super Heroes vs. Street Fighter [Orange Board]
"Marvel Super Heroes vs. Street Fighter [Pink Board]
9 characters are coming from Marvel comic books-followed by their first appearance :
Apocalypse (aka En Sabah Nur) - X-Factor #5
Blackheart - Daredevil #270
Captain America (aka Steve Rogers) - Captain America Comics #1
Cyclops (aka Scott Summers) - X-Men #1
Hulk (aka Robert Bruce Banner) - Incredible Hulk #1
Omega Red (aka Arkady Rossovich) - X-Men #4
Shuma-Gorath - Marvel Premiere #6
Spider-Man (aka Peter Parker) - Amazing Fantasy #15
Wolverine (aka James 'Logan' Howlett) - Incredible Hulk #180
9 other character come from several Street Fighter games :
Akuma ('Gouki' in Japan) - "Super Street Fighter II X - Grand Master Challenge" in Japan; "Super Street Fighter II Turbo
" in all other regions
Chun-Li - "Street Fighter II - The World Warrior
Dan Hibiki - "Street Fighter Alpha - Warriors' Dreams
" in North America and Europe; "Street Fighter Zero
" in Japan, Southeast Asia, Brazil, and Hispanic regions
Dhalsim - "Street Fighter II - The World Warrior
Ken Masters - "Street Fighter
Major Bison ('Vega' in Japan) - "Street Fighter II - The World Warrior
Ryu - "Street Fighter
Sakura Kasugano - "Street Fighter Alpha 2" in the United States, Canada, and Europe; "Street Fighter Zero 2
" in Japan, Southeast Asia, Brazil, Oceania, and Hispanic regions
Zangief - "Street Fighter II - The World Warrior
Charlie, Gambit, Rogue, and Rose appear in the background in the 'Showdown in the Park' stage.
Blanka (of "Street Fighter
" fame) can be seen within the background in the 'Death Valley' stage.
Dan's ending is an obvious parody of the ending of the SNK game, "Art of Fighting".
Sunburned (or Evil) Sakura has two separate endings (Japanese version): Kei chases Gouki and Sunburned Sakura after they teleport away
1) Across the entire screen from right to left.
2) Across half the screen before she trips, falls, and falls asleep.
There are several cameos of Rockman in this game:
1) In the mall stage, there's a cameo of a Rockman cut-out (perhaps someone in a Rockman suit). And in relation to Capcom celebrating Rockman's "10th Anniversary" in 1997, they put a banner saying '10th Anniversary: Rockman'.
2) In one of Norimaro's super combos, he does a cosplay of Rockman.
There is one rumored reason why Iron Man was not in this game. It is because Acclaim made an Iron Man game called "Iron Man and X-O Manowar in Heavy Metal" which was released for several consoles.
Firstsmile released a limited-edition soundtrack album for this game (Marvel Super Heroes Vs. Street Fighter Original Soundtrack & Arrange - FSCA-10017) on September 19, 1997.