Ubisoft has released a statement today, revealing that the next instalment in the Prince of Persia series will named Prince of Persia: The Forgotten Sands. According to Ubisoft, the game is currently scheduled for a release in May 2010 on consoles and handhelds. It was also stated that the game will “feature many of the fan-favorite elements from the original series as well as new gameplay innovations that gamers have come to expect from the Prince of Persia brand.”

The game will officially be revealed during the VGA ceremony, which takes place on December 8th.