At Microsoft’s press conference today, Don Mattrick introduced Hideo Kojima to the stage. Kojima announced that they will be bring Metal Gear Solid: Rising to the Xbox 360 and the game is in development now.

Kojima alluded to the fact that the game would not be centered around Solid Snake but would not comment more passed the image of what we assume to be Raiden being displayed in the background.

Official Release:
Konami Digital Entertainment, Inc., announced today that Metal Gear Solid: Rising is currently in development for the Xbox 360® video game and entertainment system from Microsoft – the first Metal Gear Solid game to launch on the Xbox 360®. Raiden, one of the most popular characters in the Metal Gear Solid universe, will star in the all-new title from Hideo Kojima. Raiden first debuted in Metal Gear Solid 2: Sons of Liberty PlayStation®2 computer entertainment system as a playable character and appeared as a non-playable cyborg in Metal Gear Solid 4: Guns of the Patriots for the PLAYSTATION®3 computer entertainment system.