Marc Foster, whose 2001 film Monster's Ball won an Academy Award for actress Halle Berry, will direct Daniel Craig in the film, due out in 2008.

It will be based on a script developed by Forster and Crash director Paul Haggis - one of the writers behind last year's hit Bond outing Casino Royale.

"I have also always been a Bond fan, so it is very exciting to take on this challenge," said Forster.

"I have always been drawn to different kinds of stories," said the 37-year-old film-maker, who recently completed work on the The Kite Runner, an adaptation of the best-selling novel.

Source: Press Release