According to recent statements from Criterion's new GM Matt Webster, the studio is targeting a June reveal for its next game.
The Burnout studio's new game remains completely under wraps, but speaking with IGN Webster express his desire to share more on the title around the time of the E3 expo, hosted in LA in June.
"I'd love to be way more open than we are now. It's just the time isn't right. When the time is right, we'll move into being, perhaps, more open than we have been for the last few years," said Webber.
"So I'd love it to be around E3 that we get to know more. It's a shame that I can't tell you more," he added. E3 2014 will take place on June 10-12 at the LA Convention Center.
Webber was announced as Criterion's new GM on January 3 following the departure of studio co-founders Alex Ward and Fiona Sperry. EA said in a statement at the time that Criterion is "hard at work on a new project for next-gen consoles as new IP continues to be a major priority across EA."
The noting of EA's focus on new IP suggests the new title is not part of the Burnout series and developer remains tight-lipped for the time being. But, hinting at what to expect from the new game, Webster pointed to the studio's longstanding focus on "online innovation".
"Burnout 3 was one of the first games that EA did that was online enabled; in Revenge, we tracked rivalries; in Revenge on Xbox 360, we did saving and sharing of replays," he said. "That desire to innovate online is a significant point of what we do. Then you go into Paradise, which was all about seamless connectivity and focussing around friends, which gave birth to Autolog in Hot Pursuit and subsequently the level of freedom and experiment that came with an open-world setting in Most Wanted."
Criterion's most recent release, Need for Speed: Most Wanted, hit retail in November 2012 (March 2013 for Wii U).