Ubisoft has announced that it is developing Tom Clancy's Rainbow Six Vegas 2 for next-generation consoles and PC.

Developed at Ubisoft Montreal by the same team that created the award-winning Tom Clancy's Rainbow Six Vegas, the sequel is scheduled for a March 2008 release.

Tom Clancy's Rainbow Six Vegas 2 is the sixth iteration in the Rainbow Six franchise which celebrates its 10th anniversary in 2008 with more than 16 million units sold worldwide to date.

"Tom Clancy's Rainbow Six Vegas took the gaming world by storm in 2006 thanks to its technological advances and gameplay innovations," said Yves Guillemot, president and chief executive officer at Ubisoft.

"We are convinced that Tom Clancy's Rainbow Six Vegas 2 will remain a pioneer in the highly competitive first person shooter genre, bringing more of what Rainbow Six fans love to the table."

Ubisoft says Tom Clancy's Rainbow Six Vegas 2 will push the franchise to new heights by adding new gameplay features and even more stunning visuals.

Players will encounter an intense solo campaign that uses new tactical possibilities in various locations around Sin City.

They also boast that it will also break new ground in both co-op and adversarial modes, while providing unprecedented interaction between the solo and multiplayer modes.