While not a surprise, it's certainly exciting to hear officially that Ubisoft will be releasing a new installment in their famed Prince of Persia series.

It was speculated for quite some time that a tie-in game would company the Disney production for the Prince of Persia: The Sands of Time movie, and that Ubisoft would officially announce something on that front soon. Now comes official word that the new game will be called Prince of Persia: The Forgotten Sands and will act as a sequel of sorts, the next installment in the Sands of Time storyline.

Check out the official press release below.

UBISOFT® ANNOUNCES

PRINCE OF PERSIA: THE FORGOTTEN SANDSâ„¢

New Adventure in the Prince of Persia® Sands of Time Series Debuts May 2010

MONTREAL, CANADA — November 30, 2009 — Today Ubisoft announced that Prince of Persia: The Forgotten Sandsâ„¢ video game is in development and is scheduled to be released May 2010 for consoles and handhelds. This new instalment in the critically-acclaimed franchise marks the return to the Prince of Persia® Sands of Time storyline. Prince of Persia: The Forgotten Sandsâ„¢ 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.

Tune in to Spike TV's "Video Game Awards 2009" on Saturday, December 12, 2009 at 8 p.m. EST for the exclusive world premiere of the Prince of Persia: The Forgotten Sandsâ„¢ trailer.

Are you excited for another Sands of Time game to accompany the movie and continue the series?

Don't forget to check out the Prince of Persia: The Sands of Time movie trailer.

Prince of Persia: The Sands of Time (movie) comes out May 28, 2010 and the game also comes out that same month.

Be sure to head to www.princeofpersiagame.com for more!