Nope, this isn't an April fools joke, even Joystiq made a quick comment to Sony who quickly denied it. So, we have news from the Playstation Blog regarding the announcement of the game being developed by High Impact Games.

Developed by High Impact Games, Jak and Daxter: The Lost Frontier takes the intrepid pair all the way to the edge of the world. There they must battle their way past air pirates and sinister creatures in their quest to find a cure for the world’s eco shortage. Keep an eye out for this title to be available later this year!

Check out screenshots over at the blog here.