Powered Gear - Strategic Variant Armor Equipment was released on September 16, 1994 in Japan. It was known as the 7th CPS-II game.
This game is known outside Japan as "Armored Warriors". Here is a list of known export releases:
"Armored Warriors [Blue Board]
"Armored Warriors [Grey Board]
Sony Music Works released a limited-edition soundtrack album for this game (Powered Gear Arcade Game Track - SRCL-3089) on December 1, 1994.