"PHOENIX — Sept. 16, 2009 — Today, at Microsoft Project Conference 2009, Microsoft Corp. announced that the public beta of Microsoft Project 2010 will become available later this year, and revealed the product’s enhanced project and portfolio management features for the first time. Microsoft also disclosed packaging information that streamlines the number of Microsoft Project editions from four to three. Starting today, customers can pre-register for the Microsoft Project 2010 beta at Microsoft Project 2010."

Full press release is available here - Microsoft Unveils Microsoft Project 2010.

Interesting to note, that the product no longer has "Office" prefix in its name (like "Microsoft Office Project 2007" did), and in the press release it is referred to as an Office-related product.

Also, if you could make it into the Microsoft Project Conference 2009 that will be held from September 14-17, 2009 at the Phoenix Convention Center in Phoenix, AZ., you would get a free licensed copy of Microsoft Project Professional 2010 after launch.