Take Two Interactive has recently announced that they have secretly been working on Duke Nukem Forever and that it will be released next year on PC, PS3 and Xbox 360.

Christoph Hartmann, president of 2K (Take Two subsidiary) states that:
After a hiatus from the video game world, Duke Nukem is back and better than ever. The return of the King from the glory days of shooters will satisfy our patient, die-hard fans, as well as a new generation of bubble gum-chewing, flat top and shades-wearing bad-asses. Make no mistake about it - Duke Nukem Forever is a testament to the era of when shooters were bodacious and fun.

A demo of the game is currently playable at the Penny Arcade Expo (2K Booth). Check out their website for the full announcement.