Will there be an Endless Ocean 3

Ok, this is what I heard...
There WILL be an Endless Ocean 3 called "Deep Sea Fishing". You will be able to catch (or capture as they used)fish and even come across sea creatures. You will still be able to go diving and explore the ocean like in 1 and 2. I personally do not think it sounds very fun, but I thought the same about part 1 before my little sister let me play! Just read that the English release date should be early 2012!