If our sources are right, the often rumored reboot of the Planetside franchise is likely to be announced this March. The MMOFPS has been the subject of rumors for quite some time, but Sony has yet to announce anything regarding a new Planetside offering.

The first rumor that we heard about the possibility of a new Planetside was way back in October or maybe November of 2009, but nothing really materialized to confirm that this was the case. Now, we have learned that apparently Sony has been quietly working on it; but don’t get too excited, as it does apparently still have a way to go to get to release.

While some are calling the new title Planetside Next, we have been told not to count on that as the de facto release name, as it will likely be changed before it arrives to the public. It is expected (from the whispers we hear) that there will be a first look in March with a more in-depth look at E3, and an actual launch sometime in very late 2011 or perhaps early 2012.