London, Jan 25 (ANI): The latest James Bond movie has a new name - 'Quantum of Solace'.

The name was announced by Bond bosses at a press conference at Pinewood Studios outside of London.

Producer Michael G. Wilson revealed that the name was chosen from a collection of short stories published by 007 creator Ian Fleming in 1960.

"We thought it was an intriguing title and referenced what happened to Bond and what is happening in the film," The Sun quoted him, as saying.

The movie was till now being shot under the working title of 'Bond 22', and sees current 007 Daniel Craig picking off from the end of Casino Royale, and contemplating revenge being betrayed by true love Vesper Lynd.

However, co-producer Barbara Broccoli insists that the pic is not a 'revenge movie'.

"It is not a revenge movie. It's a lot more complicated than that. It has lots of action but it also deals with the inner turmoil Bond is feeling," she said.

Filming began at Pinewood earlier this month and location shooting is planned in Austria, Italy and Panama.

Craig's Bond girls will be played by Brit Gemma Arteton and Ukrainian Olga Kurylenko, with Mathieu Amalric playing the villain Dominic Greene. (ANI)