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Realizing that some fans were concerned by the lack of news about Heroes of Might and Magic V, Fabrice Cambounet posted a quick update at the Round Table: "The game is still on track Smile I`m not on vacation, however I wont have time to answer [questions] before the announcement."
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Heroes of might and magic 5 has been officialy announced by Ubisoft!
Im a huuuge fan of this franchise, its a must-play. Homm4 was a bit sub-par with its predecessors unfortunately.
Ubisoft bought the franchise and have taken the game to the realm of 3D graphics. Im a bit worried by that transition personaly ....
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The first game to reintroduce the video game legend to the public will be Heroes of Might and MagicŪ V, the sequel to the universally acclaimed turn-based strategy series with a touch of RPG. The new opus will benefit from the features and characteristics that established the success of the initial saga while offering a wealth of innovations such as a a highly immersive scenario, a variety of appealing factions, modern 3D graphics, a revolutionary tactical combat system and a story-based campaign mode.
Developed by a seasoned team at Nival Interactive, Heroes of Might and MagicŪ V is scheduled for release on PC in early 2006.
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Scheduled for early 2006

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Games Nival interactive worked on before : Blitzkrieg, Silent Storm, Etherlords
cant wait !
First screens out for the game :