Trailer Addict has just posted the first trailer from Pixar's latest film, Up, which rises up to theaters on May 29, 2009. Click below for your first look into this film about a man, a house and a lot of balloons.

A coming-of-old-age story about a seventy-something guy who lives in a house that "looks like your grandparents' house smelled." He befriends a clueless young Wilderness Ranger and gets into lots of alter kocker altercations. Says Pixar: "Our hero travels the globe, fights beasts and villains and eats dinner at 3:30 in the afternoon."