"Shipwrecked" are looking for castaway wannabes to join the new series.
A re-imagined version of the reality TV show - which originally aired between January 2000 and December 2001 and saw Jeff Brazier rise to fame - will return to screens in 2019.
The original series featured contestants aged between 18 and 24 rocking up to a tropical island and left to build their own version of paradise.
Bosses are said to have opted to bring the show back after being inspired by the success of ITV's "Love Island".
The new format will see two new rival islands, Shark Island and Tiger Island, battle it out to be crowned the most popular.
This time round the islands will hold secrets, hidden treasures and testing traps that could harm the islanders" chances of winning the show.
Neale Simpson, executive producer of Fizz, part of TV production company RDF TV, said: "These incredible islands are waiting to welcome the next generation of Tigers and Sharks.
""Shipwrecked" has always been known for its richly diverse and remarkable characters and we can't wait to meet the new islanders bringing hedonism, heroism, heart, and hilarity to our paradise island adventure."
Abigail Adams, executive producer, Motion Content Group added: "We're delighted to be working alongside Fizz and E4 in bringing back this well-loved brand and to welcome a new generation of paradise castaways to this exciting, supercharged series of "Shipwrecked"."
The show became known for the young contestants lounging around in tiny bathing suits while working on their tans, forming romances and arguing over who would do chores.
"Shipwrecked" was one of the earliest reality TV series, launching the same year as the UK version of "Big Brother" in 2000.
After ending in 2001, the series returned in 2006 as "Shipwrecked: Battle Of The Islands", which saw the contestants divided into two groups to compete for a cash prize of up to £100,000.
In total, the programme ran for eight series with the last season running on E4 in 2011.
Other past contestants include TV presenter Sarah-Jane Crawford, and "Celebrity Big Brother" winner Stephen Bear.