Ubisoft, during the announcement of their recent financial results, have confirmed that Assassin’s Creed 2 is currently under development.

The developer has been unable to commit to any release window, although late 2009 would seem the best bet.

In an interview with Giantbomb, industry analyst Michael Pachter let slip that the sequel may move forward in time to the 1700's, although with nothing confirmed we'll need to wait for the inevitable press releases from Ubisoft themselves.