Transformers 3 fans now have a real reason to get excited. Director Michael Bay has officially announced the release date for the third installment in the hit franchise.

In his official web site he revealed that a story has now been developed for the Transformers sequel and the release date is slated for July 1, 2011, a year earlier from the speculated 2012 release date.

Bay revealed that he had a meeting with Industrial Light and Magic and that he will be going to Hasbro’s headquarters with writer Ehren Kruger to talk about new characters for the movie.

Oh, and he also left a little note for Megan Fox, who has been badmouthing the Michael Bay and the Transformers franchise.

“P.S. Megan Fox, welcome back. I promise no alien robots will harm you in any way during the production of this motion picture. Please consult your Physician when working under my direction because some side effects can occur, such as mild dizziness, intense nausea, suicidal tendencies, depression, minor chest hair growth, random internal hemorrhaging and inability to sleep. As some directors may be hazardous to your health, please consult your Doctor to determine if this is right for you.”

Hilarious, and just slightly upped Bay’s cred for me.