According to the company, the title "is poised to rejuvenate the action-adventure genre in addition to introducing a brand-new illustrative art style."

It is being developed at Ubisoft Montreal, which was responsible for Prince of Persia: The Sands of Time (PC, PS2, Xbox, GCN, GBA) as well as the more recent Assassin's Creed (PC, PS3, X360, NDS).

Though series creator Jordan Mechner recently filed a trademark for "Prince of Persia Prodigy," no specific title was listed in today's announcement.

Ubisoft had previously mentioned the existence of a new Prince of Persia game in its financial documents, though nothing beyond a vague release timeframe was provided at that time.