Ubisoft has announced a development of Far Cry 2, which should be launched in the spring 2008 for PC.
After the original FarCry, Crytek signed the deal with EA to create a new game, the one you now know as Crysis. This left Ubisoft with rights to the FarCry name, and now the rumors are confirmed with Ubisoft's press announcement for the FarCry 2 development.
“Far Cry marked the beginning of a new era for shooters. An era of gorgeous graphics and of advanced artificial intelligence,” declared John Parkes, EMEA marketing director at Ubisoft. “We are confident that Far Cry 2 will have the same impact again on the FPS genre landscape.”
FarCry 2 is developed by Ubisoft's Montreal studio. You can check out the teaser site here.