After much speculation, Prey has now been officially announced. It does indeed use the Doom3 engine, but is in production at Human Head Studios.

New York, NY - April 26, 2005 - 2K Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and 3D Realms today announced Prey, a revolutionary first person shooter for PC and a next-generation console system in development at Human Head Studios, under the direct supervision of 3D Realms.

"The initial concept for Prey had been incubating for a while, waiting for the right opportunity to come along," said George Broussard, President of 3D Realms. "We jumped at the chance to create this game with a talented developer like Human Head Studios and next-generation technology like the Doom 3 engine."

Scott Miller, CEO of 3D Realms, added, "Prey is special for many reasons, including several new and original gameplay features and a tightly integrated story that packs an emotional punch, unlike other first person shooters."

I'm guessing the next generation console mentioned is the XBox 360, this is solely because Ati are showing the game at E3, and Ati will be providing the graphics system for the new Microsoft machine, co-incidence perhaps?