Despite not having any presence at E3 themselves, Rockstar Games announced today (by way of Sony's E3 press conference) that the developers behind Grand Theft Auto are working on a new project titled Agent. It will be exclusive to PlayStation 3.

Set in the 1970s during the height of the Cold War, Agent will take players on a "paranoid journey" into the world of espionage, counter-intelligence and political assassinations.

"We have always enjoyed making action games, and with Agent we are making what we believe will be the ultimate action game," said Sam Houser, Founder of Rockstar Games. "Agent is a game we have wanted to make for a long time. The team in Edinburgh [at Rockstar North] is doing an amazing job combining intense action, atmosphere and story in a great period setting to create something that feels quite unique. We cannot wait for people to experience this game."