Grammy Award winners Yes have announced the signing of a new worldwide recording deal with the Italian-based record label, Frontiers Records.

Songs such as 'Roundabout', 'I've Seen All Good People', 'Owner Of A Lonely Heart', and countless others, have served to place the group upon the pantheon of rock history.

Steve Howe, Chris Squire and Alan White, along with Oliver Wakeman (Rick Wakeman's son) and new lead singer Benoit David, will enter the studio to record the group's first new CD in a decade.

It is anticipated for release around Summer 2011.

One of the most popular concert attractions of all-time, Yes's remarkable career has served to re-define the boundaries of rock. Proving to be a dominant force, for more than four decades, Yes has sold over 33 million albums worldwide.