The latest issue of Edge Magazine (via CVG) reveals that Killzone developer Guerrilla Games is working on -- what else? -- a new installment in its PS3-exclusive shooter franchise. Actually, "what else" may not be a fair question to posit: The studio is still working on the new IP announced at GDC Europe last August, which is being spearheaded by Killzone game director Mathijs de Jonge.

The identity of the new franchise isn't known, though studio founder Adrian Smith explained that members of the Killzone team will be lending their support throughout the game's development. We think the appearance of red-eyed antagonists is a lock.