3D environment artist, Andrew Swihart (employed at Treyarch from 2006-2007) lists his title as motion graphic artist on the game while effects artist, Johnny P. van Zelm (Treyarch employee from 2000-2007), lists the spider-sequel as one of the many games he worked on, including the 2005 original. According to the listing the game, if real -- and if it didn't eventually become Spider-Man: Web of Shadows -- has been in development since 2006, at least.
A sequel from Activision?! That isn't a crazy thought -- especially considering they are Activision. When contacted for a comment, Activision's PR company told us that they weren't aware of any Ultimate Spider-Man sequel in development and reminded us no such game has been announced.
Update: One of our sneaky insiders has told us that Ultimate Spider-Man 2 was in development soon after the launch of the original but development was canceled.
