KotOR 3 - EA Discusses Development Rumors [Updated]

ShackNews posts a statement from EA concerning the status of a KotOR 3 project which seems to indicate a sequel to Bioware's and Obsidian's Knights of the Old Republic series is not actually in development at this time, though the language is fairly non-committal and leaves the door at least partially open:

Addressing the alleged sequels to BioWare's Star Wars: Knights of the Old Republic and Criterion's Black, publisher Electronic Arts has clarified that such products are not necessarily under development at this time.

Reports of the titles emerged yesterday, after a slide... presented to analysts by EA CEO John Riccitiello suggested that future KOTOR and Black projects were underway at the EA-owned studios.

"The slide in John's presentation is titled 'Best Creative Talent'--it addresses future and past titles," EA told Shacknews. "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."

Outside of the slide, Riccitiello did not mention KOTOR or Black, though it was implied that the listed properties denoted new or upcoming releases. Many of the other properties in the slide, including Skate, were revealed to be receiving future iterations in a later presentation.

"The [previously announced] MMO in development at BioWare Austin is listed a 'New MMO,'" EA's statement continued in an attempt to prevent future misunderstandings. "We apologize for any confusion this may have caused."

LucasArts also weighs in with this statement at IGN:

In contacting LucasArts about its works with BioWare, and the possibility of a future KOTOR product, the company stated that, "Yes, we are working with BioWare. We've announced that we're working with the developer on a project, but it has nothing to do with Knights of the Old Republic."