Whereas the original 2007 shooter featured a snow-covered planet and little else, the sequel is at least partially set in a sunny jungle environment, thanks to terraforming. More information on Lost Planet 2 is expected from Capcom later today.
While an Xbox 360 version is the only confirmed release at this time, PC and PlayStation 3 editions of the sequel are likely given that the original Lost Planet hit those platforms and Capcom has sworn off platform exclusivity for its major releases.
The confirmation follows a report from last month, in which Capcom development head Keiji Inafune said that both Lost Planet 2 and the now-confirmed Dead Rising 2 were in the works. At the time, Capcom played coy and suggested a mistranslation.
Update: Capcom says that the official press release is coming on Wednesday.