At the same time the company is expected to release the forthcoming updates for Windows Live Mail, Windows Live Photo Gallery, Windows Live Writer, and the rest of the Windows Live Suite.
Microsoft is slowly developing Wave 3 as the next version of its messenger product has been in development for some months now.
Company officials were unavailable for comment at the time of writing.
Update: When questioned regarding the date, a Microsoft spokesperson said "We have nothing further to share at this time."
View: Windows Live Wave 3 Beta