Dave Smith Instruments announced Prophet 12 at NAMM 2012. The Prophet 12 is expected to be available Q2 of 2013 with a projected MAP of $2,999.

“At twelve voices, the Prophet 12 boasts the greatest polyphony of any instrument designed by Smith. Each voice features four oscillators capable of generating classic and complex waveforms, a sub-oscillator, resonant analog low- and high-pass filters, and analog VCAs. The new Character section adds a variety of wave shaping and sound sculpting options, like Drive, Hack, Decimation, Girth, and Air. Additional features include a tuned feedback path, a four-tap stereo delay per voice, expanded arpeggiator functionality, deep modulation capabilities, and bi-timbral operation. The LFOs, delay, and arpeggiator can all be synced, either to the internal clock or an external MIDI clock. Two programmable position- and pressure-sensitive touch sliders take the performance controls beyond the standard pitch and mod wheels (also included).”

More info here: http://www.davesmithinstruments.com/products/prophet12/index.php