Despite former Team Ninja boss Tomonobu Itagaki having previously stated that Ninja Gaiden II would be the final entry in the series, in an interview published today on Kikizo, the new leader of Tecmo’s elite Team Ninja development studio, Yosuke Hayashi, revealed that they do have plans to add another title.

“What the gamers are looking for is going to be the next chapter – the future of an outstanding series. We feel that we’re in a position of being able to make that call… That calling is already there – we feel it,” Hayashi stated.

In addition, he revealed that they are thinking of shipping the sequel, or whatever, for as a dual-platform, meaning for both the 360 and PlayStation 3.

Hayashi stated that after Sigma 2, rather than do a 360 version of it, “we’re going to have to push ourselves to the next level, and we are better off giving both audiences an entirely new game. ”

First this game was rumored to be revealed at E3 now, at the same press conference at which price drop for the 360 was announced, Microsoft has finally revealed the game. The game will be developed by the current Tenchu developers From Software, who also worked on the Otogi series for the original Xbox.

A 30 second trailer of the game was shown of a ninja character moving around Tokyo and fighting demons. which can reminds you of something from the Ninja Gaiden series. But, they guys over at Gamersyde have already gotten their hands on the trailer for the game that was shown at the the conference. The game is due out for a release next year as an Xbox 360 exclusive for all those Ninja fanboys.

[Microsoft Unveils Ninja Blade via Gamasutra]

Electronic Gaming Monthly has posted there latest rumors and reviews for the month here they are:

• Ninja Gaiden II Game of the Month (360): A [Milkman] A- [Bettenhausen] A- [Garnett Lee]
  + visceral combat, video mode
  - corny cut-scenes, awkward camera
• Metal Gear Solid IV (PS3): A [Jeremy Parish] A- [Crispin Boyer] B+ [Milkman]
  + refined gameplay, interesting story
  - more cutscenes than gameplay!
• Space Invaders Extreme (DS/PSP): A- B+ B-
• We Ski (Wii): A B- B-
• GT5 Prologue (PS3): B+ B B
• Lost Planet Colonies (PC/360): C+ B- D+
• R-Type Command (PSP): C- B- B-

Rumors:

- Ski Of Arcadia arrives on Wii!
- God Of War: Chain Of Olympus will be adapted on to the PS2 next August.

Update:

These rumors are fake read here

Two great new Ninja Gaiden II trailers, Ninja Gaiden II is an upcoming sequel to Ninja Gaiden for the Xbox 360, due for release in June 2008. It is being developed by Team Ninja and published by Microsoft Game Studios exclusively for the Xbox 360. This is the first time that a Team Ninja developed game will not be published by Tecmo.

[Text Source via Wiki]

Microsoft have finally given the European release date for the upcoming Ninja Gaiden II, pin this date on the calendar because Ninja Gaiden II makes it’s European debut on June 6, 2008. Then you can see Ryu Hayabusa makes his big comeback on the 360. We really don’t have even other information about the release date at this time but, check back for updates.