In a long-awaited announcement, George Lucas and Steven Spielberg revealed today that the fourth installment of Indiana Jones will begin production in June 2007. Harrison Ford returns in his role as the daring Dr. Jones for the new adventure. The film will be produced by Lucasfilm Ltd., directed by Steven Spielberg and released by Paramount Pictures throughout the world in May 2008.

The screenplay has been written by David Koepp.

Spielberg states "George, Harrison and I are all very excited. We feel that the script was well worth the wait. We hope it delivers everything you'd expect from our history with Indiana Jones."

The film will be produced by Frank Marshall with George Lucas and Kathy Kennedy as executive producers. "Working with Steven, Frank, Kathy and the Indy crew is like working with family," states Lucas. "These films are such great fun to make. I'm looking forward to reuniting with the team and starting this new journey."

The film has plenty of action in store for the rogue archeologist. Harrison Ford comments " I'm delighted to be back in business with my old friends. I don't know if the pants still fit but I know the hat will."

It will be shot on undisclosed locations around the world as well as in the United States.

For more than 25 years, audiences have been enraptured by the exploits of Indiana Jones. The film trilogy -- Raiders of the Lost Ark, Indiana Jones and the Temple of Doom, and Indiana Jones and the Last Crusade -- garnered 14 Academy Award nominations, won 7 Oscars, and grossed over $1,182,000,000 at the box office. The films are among the most popular films ever made and have become a legendary part of film history.