Deep Silver officially announced a sequel to Dead Island during E3. The game is titled Dead Island Riptide and is currently in development at Techland for PC & consoles. Sadly, that was pretty much everything included in the original announcement, but we have some new details that debunk rumor and will save some money for those looking to pick up the game.

First, there have been some rumors that this is an expansion pack and not a sequel because it is called Dead Island Riptide and not Dead Island 2. Deep Silver confirmed that it is a full game and next installment of the franchise. They are simply not numbering sequel titles.

Online retailers are currently offering the game for a pre-order price of $49.99 and this is not a mistake or a sale price. Here is there reasoning behind the lower price: "we're at the end of a console cycle and that price point makes the most sense given that."

That quote makes us wonder how far away Microsoft and Sony are from releasing a new console, and does it mean that Deep Silver is already planning a next gen Dead Island as a console launch title? We'll follow up on this and will be working on getting more details from Deep Silver when we talk with them later this month. Our first look at Dead Island Riptide is expected later this summer and we're expecting a late 2012/early 2013 release date.

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Haven't played Dead Island yet? Deep Silver will be releasing a Game of the Year Edition later this month. Here is the original announcement:

"LARKSPUR, CA – MAY 22, 2012 Deep Silver today announced the upcoming release of the Game of the Year Edition for the award-winning game Dead Island™.

Originally released in September of 2011, Dead Island was named Gamecritics.com’s 2011 Game of the Year and received multiple Editors’ Choice awards. Dead Island quickly became a fan favorite, topping the charts of #1 best-selling games worldwide during its launch and going on to delight over 3 million zombie lovers across the globe. This new edition gives players who are yet to experience the beautiful terror of Dead Island a version packed with content: including the Bloodbath Arena mode, the Ryder White’s Campaign single-player story arc and the blueprint for the highly-coveted Ripper weapon mod.

“There’s nothing more satisfying than gracefully tossing a normal, inconspicuous looking kitchen knife at some foul creature and bringing complete decapitation to their world,” mused Aubrey Norris, Deep Silver’s Manager of Suspicious Radio Voices, while wearing a smooth velvet smoking jacket and pouring a glass of some questionable-looking red substance on the rocks. “By unleashing – I mean, releasing- the Dead Island Game of the Year Edition upon the world, we feel that we are doing our part to empower the world with the ultimate survival tutorial. At Deep Silver, ladies and gentlemen, We. Make. SURVIVORS. *thunderclap*”

About Ryder White’s Campaign
Offering a new unique perspective into the main story of Dead Island, the player will play as Ryder White, the main game’s antagonist. Ryder White’s Campaign offers players the chance to learn more about his motivations and why, from his point of view, he did what he had to do, showing him both as a military man and a loving husband in a fresh take on the Dead Island story. The campaign includes a single player story arc with several hours of gameplay as well as two blueprints and weapons to further expand the already impressive arsenal of Dead Island.

About Bloodbath Arena
In Bloodbath Arena four different arenas offer new challenges that can be played alone or in coop mode. It’s a desperate fight for survival where waves after waves of unrelenting zombies attack, one more gruesome than the next! What’s more, characters can loot experience points and items and bring them over to the campaign mode as well as compare their skills in zombie elimination in the arena’s leaderboards.

The Dead Island – Game of the Year Edition will be released for the PlayStation®3 system, the Xbox 360® video game and entertainment system from Microsoft and Windows PC on June 26th, 2012 for a suggested retail price of $29.99. It is rated M for Mature by the ESRB."

The June 26th release date is only for the US and Canada, while European countries will see the game released on July 6th.