Ubisoft CEO Yves Guillemot confirmed the game's existence in a financial statement released to investors, during which he also listed the company's biggest games for this year. "The year's performance will be led by five games - Assassin's Creed Unity, Far Cry 4, Just Dance, The Crew and Watch Dogs," Guillemot said. "Watch Dogs' pre-orders are at record levels and it is perfectly positioned to become the industry's most successful new IP in history." Ubisoft's blog provided further information on Far Cry 4, which is being developed by Ubisoft Montreal in collaboration with Red Storm Entertainment, Ubisoft Toronto, Ubisoft Shanghai and Ubisoft Kiev, and "takes a sharp turn away from the lush island jungles of the top-rated Far Cry 3". "Far Cry 4 is set in Kyrat, an untamed region currently ruled by a despotic self-appointed king," reads the site, "but don't be lulled into a false sense of security by the achingly beautiful views; Kyrat is a wild land full of perils. "Once again, players will be able to craft their own stories as they travel through this exotic open world teeming with wildlife - using their wits along with an assortment of powerful weapons and diverse vehicles." "Following the success of Far Cry 3, we wanted to take the franchise to the next level and create a game that will surprise players and exceed fans' expectations," said Dan Hay, Executive Producer. "Given the unique setting, we feel Far Cry 4 will stand out as a top first-person shooter and we're eager to reveal more about the game in the coming months." Far Cry 3 launched in November 2012 and sold six million copies in the financial year ended March 2013, making it "another major" Ubisoft franchise, according to the publisher's CEO Guillemot. It is expected that Far Cry 4 will be shown at E3 in June. Source: CVG