In a press release today, Take-Two Interactive and Rockstar Games have announced that Max Payne 3 is currently in development and will release in Winter 2009 for the Xbox 360, PlayStation 3, and the PC. The game will be developed by Rockstar Vancouver, the studio responsible for Bully.

Max Payne 3 will be set after the events of Max Payne 2, and will not be set in New York. The official site for the game can be found here.