The GRIN Website (thanks Frans) has word that this Swedish developer (BANDITS: Phoenix Rising) is at work on the PC edition of Ghost Recon 3, which follows a previous mention that they were "working with Ubisoft to develop the PC version for the upcoming installment of one of the publisher’s major brands." Scrolling over on this wacky page reveals the following announcement, which also seems to confirm recent reports (story) that Advanced War Fighter, or actually Advanced Warfighter, will be the game's subtitle:

Official announcement STOCKHOLM - June 23 2005 - Today, GRIN is proud to confirm that they are developing the PC version for Tom Clancy's Ghost Recon Advanced Warfighter™. Working in close collaboration with Ubisoft's studios, GRIN is delighted to bring its expertise to the next installment on Windows® PC DVD-ROM of the smash-hit squad based shooter franchise.

GRIN has strong experience in military applications (they started developing software for the armed forces). They distinguished themselves in developing groundbreaking technology; GRIN made the first game to feature pixel shaders in cooperation with Nvidia for the launch of the GeForce 3.

For more information on Tom Clancy's Ghost Recon Advanced Warfighter™, visit the game's official website: http://www.ghostrecon.com