EVGA is preparing a mini-ITX motherboard for Ivy Bridge processors focused on overclockers and enthusiasts. This small but powerful board will be based on the Intel Z77 and will support Intel Core Third Generation. For now there are not many details about their specifications, but basically would be the same as other EVGA boards based on Intel Z77.
This way EVGA gets in tune with other manufacturers who already offer mini-ITX platforms with Z77 chipset for Ivy Bridge, such as ASUS P8Z77-I Deluxe ($199), ASRock Z77E-ITX ($ 149) or the Zotac Z77-ITX WiFi ($ 220).
According to the source, this board would be released in August, but price has not been revealed yet.