(according to bleedingcool, which i was directed to via Filmschoolrejects)
Gareth Edwards has moved on to GODZILLA, but MONSTERS producer Alan Niblo said there will be a sequel. Brent Bonacorso and Jesse Atlas are set to direct. They have not made a feature film before, but they did the short NOW AND NOWHERE. The story will follow to brothers fighting there way through the infected zone, and there will be a greater variety of monsters. The film has a very low budget of $5 million, though the original cost less than $500 thousand.