Blizzard CEO and co-founder Mike Morhaime has announced that the highly anticipated RPG hack’n’slasher Diablo III is aiming for an external beta test in the third quarter of 2011, between July and September.

The news was broken by Morhaime to investors in an Activision-Blizzard financial call earlier today.

Said Morhaime, “We began internal company-wide testing last week.The game is looking great and we are currently targeting a Q3 launch for external beta testing.

"The development team is working hard to try and launch Diablo III this year but I want to be clear that we do not have an official release date or window yet. As always we will not compromise the quality of the game in order to hit a window."