From VideoGamesLife.com:
Sonic Team are in for a choc-a-block year ahead, according to the team’s gaming genius, Yuji Naka, in the latest issue of Dorimaga.
With speculation running out of control these last few months, the head of Sonic Team has finally let the hedgehog out of the bag promising an all new Sonic game for the E3 show, to run between the 13th and 15th of May [2003].
In addition to this, the team will also be making their presence felt on the PS2 at last, with a new game to be announced for the machine. What form this game will take, though, is a mystery, with even Naka unclear. Expressing his desire to work on another format, having worked on the GBA, GameCube and Xbox last year, Naka himself spoke of the possiblilty of the award winning Phantasy Star Online coming to PS2 (following on from the Dreamcast, PC, GameCube and Xbox versions), although didn’t rule out a new development.
One thing it definately won’t be, however, is a sequel to Saturn classic and hardcore favourite, NiGHTS. The team have told Nintendo Dream magazine that there are still no plans for a follow up to the game.
Source: VideoGamesLife.com