Is it true that will there be a season 2 for terra nova based on the following text?

Terra Nova (English: New Earth) is an American science fiction drama television series. It aired one season from September 26 to December 19, 2011. The series documents the Shannon family's experiences as they establish themselves as members of a colony, set up 85 million years in the earth's past, fleeing the dystopian overpopulated and hyperpolluted present of the mid-22nd century. The series is based on an idea by British writer Kelly Marcel and was executive produced by Steven Spielberg. On March 5, 2012, Fox announced that it would end the series.
no