Epic Games' Mark Rein has already been quoted to have said that the much anticipated fourth iteration of the Unreal engine will be showcased later this year. Not a lot of other information is official or available yet, other than the fact that 2012 is finally the year that version 3 (which has been out for quite a while now) will see its replacement demoed in public.
This is very exciting for people working with UDK for a number of reasons; other than the fourth iteration of the engine there is the Flash/Android plug-ins to look forward to (which are still not out yet) and also a possible tie-in with next-gen. I will of course post updates on this once more detail is available.
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