Any celebrations will be tempered, however, by the fact that the image of the former world Number 1, who failed to win a single tournament in 2010, does not appear on the box cover of Tiger Woods PGA Tour 12.
But while most of the box art for the new version does not include Woods, EA Sports president Peter Moore denied it was due to any desire to distance the company from the golfer.
Spot the Tiger: EA Sports have continued their support for the disgraced golfer, but there's no sign of Woods's face on the cover
Glory days: How Woods's image dominated the cover on the PGA Tour 10 version of the game
'If the insinuation is "is this a reflection of EA Sports backing away from its relationship that goes back 13 years", that's not the case whatsoever,' he said.
Tiger Woods PGA Tour 12 will be available on the Wii, Xbox 360 and PlayStation3 consoles, and feature the Masters Tournament at the Augusta National Golf Club in Georgia. A version without the Masters will be available for the iPhone and iPad.
The video game publisher said it will begin selling Tour 12 worldwide on April 1, two days after it debuts in North America.
And Moores said pent-up demand for a video game focusing on the famous Masters course would drive 'considerable sales'.
EA Sports, along with Nike Inc, has been strong in its support of Woods despite his past sexual escapades.
Accenture, AT&T Inc, PepsiCo Inc's Gatorade weren't so enthusiastic, ending their sponsorship deals, and Procter & Gamble's Gillette brand was the latest to abandon Woods, letting its deal lapse at the end of 2010.
Woods's nightmare began with an early morning auto accident in November 2009 that led to his admitting marital infidelities, and subsequently the loss of more than $35 million in annual sponsorship revenue and a divorce from his wife.
Before the scandal, Woods earned an estimated $100 million a year from his sponsorship deals.
For the first time since turning pro in 1996, Woods did not win a single tournament last year, costing him his ranking as the world's top golfer. However, he remains the sport's biggest draw.
Opening shot: Woods's badly damaged SUV vehicle after the accident which led to revelations of his marital infidelities
Woods with Elin Nordegren at the NBA Finals basketball game in Florida June 2009 before the scandal that led to their divorce in August last year
EA Sports, which generates about 30 per cent of the parent company's overall revenue, signed a sponsor deal with Woods in 1997 and the new version will be the 13th of the console game that bears his name.
EA's sales of the game's 2011 version are expected to slide 30 per cent to 35 per cent from the two million units of the 2010 version sold, resulting in a revenue downturn of about $20 million to $25 million, Sterne Agee analyst Arvind Bhatia said.
Moore declined to provide sales projections for the Tour 12 version.
Rising star: Nick Faldo helps Tiger Woods into the famous green jacket after his 1997 Masters victory with a record-breaking 18 under par at Augusta
Last year, EA launched a golf game on Facebook that did not carry Woods's name, but company executives said that had been the intention all along.
But in November, EA Chief Executive John Riccitiello suggested Woods needed to start winning for their deal to make sense.
Augusta National chairman Billy Payne last year blasted Woods, saying he had failed to live up to expectations as a role model. ( dailymail.co.uk )
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