Yes, but "a.t.b. 2017" comes from the announcement, the "7 years after the beginning of the series" comes from a poster on LJ who talks about the announcement, it's not a translation of the announcement.
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Originally Posted by ANN update #2
Kazuki Akane (Escaflowne, Noein - to your other self, Birdy the Mighty Decode) is directing off scripts by Shigeru Morita (Mobile Suit Gundam Seed, Toward the Terra, Blood+). As in the previous two television series, Takahiro Kimura is adapting CLAMP's original character designs for animation. Akira Yasuda is also returning to design the mechanical Nightmare units.
The new side story is set in a.t.b.2017. A Knightmare unit made of boys and girls from Zone Eleven are thrown into a military operation with a 5% chance of survival. They must rescue an allied unit left behind on the European warfront.
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