Epic announced today that the formerly titled Unreal Tournament 2007 will indeed make its way onto the Xbox 360, with a new name.
Unreal Tournament III will hit the 360 as well as PC and PS3 sometime in the near future. After watching Gears of War go triple Platinum in a few short months, I think EPIC realized the potential they had on their hands.
IGN UK
broke the news and has screenshots and trailer to take a look at.