Despite many sites “confirming” that Bioware was working on a new KotOR, we remained cautious, labeling it as a rumor.  It looks like this was the best approach as it has now been officially confirmed by EA that the “confirmation” was a misunderstanding.  EA was forming a list of developers showing off some of the best games they have created, KotOR being listed under Bioware.  The official word from EA:

The slide in John’s presentation is titled ‘Best Creative Talent’--it addresses future and past titles. “KOTOR, Black, Boogie, Skate and some other titles on the slide speak to past portfolio releases and the pedigree of the studio but do not specifically address future sequels.

[Via Destructoid]

According to an EA investor report, Bioware is heading up a new entry in the KotOR series.  Considering the investor report doesn’t provide any solid details I’m marking this as a rumor for now.  The game appears to be in production but things change, games are canceled, etc. so it’s always best to not get your hopes too high until we actually start seeing a finished product coming together.  The series has a large fanbase so I’m sure EA will be making a sequel sooner or later.  The real question is, who’s hands will it end up in?  Let’s hope it’s Bioware.

[Via Joystiq]