G4TV reports that Unreal Engine 4 will be revealed sometime this year. The announcement was made by Epic Games vice president Mark Rein at the DICE 2012 summit while he was talking to G4TV about Epic founder Tim Sweeney's contribution to the gaming world.
"People are going to be shocked later this year when they see Unreal Engine 4 and how much more profound an effect it will have," Rein said.
Epic is expected to reveal more information about Unreal Engine 4 later today at DICE 2012. In the meantime, additional reports are claiming that Mark Rein is saying that Unreal Engine 4 is already up and running on a variety of hardware "including systems we can't name yet."
It's easy to speculate that Epic has Unreal Engine 4 running on an iPad 3, the Wii U and Microsoft's Next Xbox SDK. Heck, it might even be up and running on Apple's rumored iTV, but highly unlikely any kind of PlayStation 4 is in the picture (could be wrong though).
If Epic dishes out a press release sometime today, we'll post it right here, so stay tuned.