Ubisoft today announced that it is developing Prince of Persia 3 (working title), the next chapter of the series ccheduled for release in the second half of 2005, for PC, PS2, Xbox and GC. The game will feature two playable characters with different combat styles, attitudes, and histories, the Free-Form Fighting system, the city of Babylon, the ability to manipulate time, and more. Check full article for details - first screenshots are located screenshots.