Cannes 2011: Monsters sequel on the way

Monsters , the micro-budget breakout that wowed the industry with its intimate story and home-computer rendered CGI, has been tapped for a sequel.

Commercial Directors Brent Bonacorso and Jesse Atlas will direct, with producer Allan Niblo promising to 'keep the quality and intelligence of the first film and make it much more of a genre pic.'

He added " Monsters 2 will expand the world created in the original whilst upping the action ante."

The sequel is expected to introduce a wider variety of aliens than seen in the original.

Gareth Edwards, the Brit-director responsible for the original will serve as executive producer, along with lead actor Scoot McNairy.

With a budget under $5 million, the pic is expected to shoot in September in South America.

Gareth Edwards will next be directing a big-budget Godzilla reboot.