In a new interview with ThePunkSite.com promoting the Warped Tour, Bryan Kienlen of Bouncing Souls announced details about an upcoming split seven inch with Hot Water Music:
This year The Bouncing Souls and Hot Water Music are going to put out a split. They're going to cover "True Believers" and I think we're going to cover "Wayfarer" but we haven't decided yet. We're going to cover each other's songs; put out a split seven inch and we're going to go on tour in Australia and New Zealand.

Check out the interview here