Not with a Bang but with a Bounce.
From
Psychorg:
New discoveries about another universe whose collapse appears to have given birth to the one we live in today will be announced in the early on-line edition of the journal Nature Physics on 1 July 2007 and will be published in the August 2007 issue of the journal's print edition.
"My paper introduces a new mathematical model that we can use to derive new details about the properties of a quantum state as it travels through the Big Bounce, which replaces the classical idea of a Big Bang as the beginning of our universe," said Martin Bojowald, assistant professor of physics at Penn State.
Loop Quantum Gravity is looking more and more like a promising alternative to String Theory.