@buzz666
The ANN link you've provided is an old news. They've already released further details on that new Code Geass project that was announced, and it is to be a side story, not a sequel, and is titled Code Geass Gaiden: BÅkoku no Akito (Source: ANN
http://www.animenewsnetwork.com/news/2010-04-22/code-geass-gaiden-bokoku-no-akito-project-announced). I doubt that Lelouch will make an appearance, much to my disappointment. He may appear as cameo though.
Code Geass Gaiden: BÅkoku no Akito Anime Announced (Update 2)
posted on 2010-04-22 04:35 EDT
Escaflowne's Kazuki Akane directs side story set on European warfront
The Code Geass: Lelouch of the Rebellion Kiseki no Birthday event video release is announcing a new anime project called Code Geass Gaiden BÅkoku no Akito on Friday. The side story is set in the European warfront, where a unit made of boys and girls from Zone Eleven is sent into a military operation with a 5% chance of survival.
Update: The BIGLOBE website began streaming the event video at midnight on Friday. The event video is also available in Japan on Blu-ray, DVD, and UMD.
Update 2: Kazuki Akane (Escaflowne, Noein - to your other self, Birdy the Mighty Decode) is directing off scripts by Shigeru Morita (Mobile Suit Gundam Seed, Toward the Terra, Blood+). As in the previous two television series
, Takahiro Kimura is adapting CLAMP's original character designs for animation. Akira Yasuda is also returning to design the mechanical Nightmare units. The anime studio Sunrise, the previous Code Geass director Goro Taniguchi, and the previous series script supervisor Ichiro Okouchi are credited with the original story.
The new side story is set in a.t.b.2017. A Knightmare unit made of boys and girls from Zone Eleven are thrown into a military operation with a 5% chance of survival. They must rescue an allied unit left behind on the European warfront.
Now I may am talking about different thing here, but I did not hear any announcements nor rumors regarding a sequel. You probably misunderstood or it may completely be a fanmade sequel.