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• Ragnarok Online II delayed to the fourth quarter of 2010

The schedule for the launch of Ragnarok Online II, a sequel to Ragnarok Online and massively multiplayer online role playing game (“MMORPG”), has been delayed to the fourth quarter of 2010.Ragnarok Online II was originally scheduled to launch in the first half of 2010; However, Gravity has decided to postpone the schedule to the fourth quarter of 2010 in order to make the game better. The Company is planning to start commercial service of Ragnarok Online II in Korea in the fourth quarter of 2010 followed later by the other territories where Gravity has already entered into license and distribution agreements.The Company has been conducting open beta testing of Ragnarok Online II since May 2007 and continues to upgrade and develop the game in response to market feedback received during the testing phase.“The launch of Ragnarok Online II has been delayed on a number of occasions but we don’t want to launch it before it is ready and want to ensure that it meets the expectations of our players as well as those of our own.” commented Mr. Toshiro Ohno, the President and CEO of Gravity. “We will continue to refine Ragnarok Online II and look forward to providing our users with a high-quality experience.”[1]


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