Before the movie even hits, Marvel Studios has hired the screenwriters responsible for Captain America: First Avenger to pen the sequel, according to the Latino Review.
They are Stephen McFeely & Christopher Markus.
Seems "Cap 2" will take place in the present day and after Joss Whedon's The Avengers -- most likely sometime in 2013. We do know Chris Evans has signed on for 6 movies, as well.
Check out the trailer to Captain America: First Avenger that was just revealed at this year's Super Bowl.
Captain America: First Avenger hits theaters July 22nd, 2011 starring Chris Evans as Steve Rogers/Captain America and Hugo Weaving as his arch-enemy -- Johann Schmidt, the Red Skull.