I know this site is about PCM, but it never hurts talking about some of the other projects Cyanide are doing. We all know about Loki and their Blood Bowl-game, but now it seems like they are about to announce a new game. On their official website they have in all silence - because no one actually visits that site - posted two images which are open for being analyzed. I've no idea what they are about to announce, but I'm pretty sure we can expect a new game project ;)
Edit: I just came to think of the fact that Cyanide also published another note not too long ago, saying: "Cyanide is currently working on a massively multiplayer game. More information will be made available later in the development cycle" (Link)
It's natural to draw some conclusions based on that note ;)