Mark Shuttleworth, the founder of the Ubuntu project has announced the next version of Ubuntu in a Video message:

"Two years ago we announced the second LTS release, and what we hoped would become a standard practice of making LTS releases on a predictable two-year schedule, overlayed on our existing six-month schedule of desktop and server releases.

We are now giving a name to the next Ubuntu LTS: The Lucid Lynx.

Ubuntu 10.04 LTS will ship in April 2010 and is the culmination of significant work in Ubuntu, in Debian and across the free software ecosystem. LTS releases are maintained for five years on the server and three years on the desktop, so they are designed for those who are making larger deployments or who otherwise prefer to have a common platform for an extended period."