Trilogy and Beyond! 

IGN In a recent interview with the developers of the Mass Effect series asked
Ray Muzyka "Where do you think is left to go in the Mass Effect series?"  and
he responded 'We've always had a trilogy in mind for the first three games in
the Mass Effect franchise. And it is a franchise; it's not going to necessarily
stop at number three. We've always had in mind a story arc for this trilogy,
the epic sweeping story of going across the universe as Commander Shepherd. Within that context, figuring out the details and the features and how the gameplay unfolds, that's more mutable depending on the feedback we get. So we've always said that the first products will be a trilogy. Beyond that, we'll figure out where it goes.".

Love these games guys, keep em comin!
News:
Mass Effect 3 Source
Mass Effect 3 Source
Mass Effect 3 Publish date
Mass Effect 3 Publish date
Date Published:   03-25-2010
PROJECT WOMBAT!! HAHA  Game development confirmed!

The lead gameplay designer Christina Norman recently tweeted that she has started working on something new for the third game. "Today I started work on 'Project Wombat' for Mass Effect 3," she twittered. "The ammo system in Mass Effect 2 was originally called 'Project Sasquatch,"

Mass Effect 3 coming to the PS3?!

A photo taken of the E3 game linup shows Mass Effect 3 as being on the PS3 line-up!!!  Being as this is a leak it may or may not be true.  I will be keeping my eyes on this one.
Mass Effect 3 Source
Mass Effect 3 Publish date
Mass Effect 3 Publish date
Date Published:   04-29-2010
Mass Effect 3 Source
Mass Effect 3 Publish date
Mass Effect 3 Publish date
Date Published:   02-26-2010
Mass Effect 3 Multiplayer?

Looks like there is a definite possibility that they are going to implement multiplayer into the next chapter!

This is a job posting for BioWare Montreal:

"BioWare Montreal is now looking for the industry’s top talents to join its team. As the newest member of the BioWare family, we remain true to BioWare’s core values, caring as much about the wellbeing of our employees as we do about the quality of our games. We are working on Mass Effect, one of the industry’s most beloved and acclaimed franchises, as we build our way toward becoming a fully self-sufficient BioWare studio. If you want to help us achieve our mission of delivering the best story-driven games in the world, and you dream of being part of a dynamic, talented and focused team, now is the time to get onboard.

Position Overview

Multiplayer Programmers ensure the game engine and game systems work reliably and efficiently in a multiplayer environment. They work with both the front and back ends to take existing single player user experiences and make them multiplayer safe."
Mass Effect 3 Source
Mass Effect 3 Publish date
Mass Effect 3 Publish date
Date Published:   05-30-2010
More humor, with a sprinkle of darkness?

When Quintin Smith @  OXM asked "should we be expecting something even more mature for Mass Effect 3"

Casy Hudsen, a member of the ME3 Development team, replied.  "Well, we're not talking too much about Mass Effect 3 right now, but the second story in a trilogy is where you traditionally end up in a fairly dark place. The third story is where you try and bring some fun and lightness back into it. One thing we tried to do with Mass Effect 2 was as well as bringing in the more mature stuff, we also tried to bring in a lot more humour so that we can go to these places without making it an overbearing experience. I think we have a lot more fun this time through characters like Joker and EDI. Mass Effect 3 is going to be the epic conclusion... so, a lot more darkness but also a lot more humour."

Mass Effect 3 Source
Mass Effect 3 Publish date
Mass Effect 3 Publish date
Date Published:   06-02-2010