GRAVITY INTERACTIVE, INC. LAUNCHES THEIR TOP GAME, RAGNAROK ONLINE, AS A FREE SINGLE-PLAYER RPG FOR THE IOS TODAY.

“World-Famous MMORPG Comes to iOS as a Free App!”

MARINA DEL REY, Calif. (August 5, 2011) – Gravity Interactive, Inc. is very proud to announce the release of their most popular and famous MMORPG as a free, single-player iOS (iPod Touch/iPhone/iPad) application which can be found on the Apple’s App Store on August 5, 2011.

With our launch, we have two major events that tie Ragnarok Violet to its bigger brother, Ragnarok Online!

·         Level Up, Kill Tons of Monsters and try to get Max Combo and submit your record scores for the Ranking Event and try to win a cool prize!

·         After playing the game, take some time to write up a review for us on iTunes! In exchange for your review, everyone in game will be rewarded with an awesome bonus!

Ragnarok Violet will be completely free to download and play!  You can also enhance your game play with purchases from the “Shop” in the game through iTunes.

You can find cute headgears for your pets that will give bonuses or even a box that will generate random 3 items to enhance your battles!

Join in on the fun now and download the free app and experience what millions of other users love, all in the palm of your hand.

[ Play Now!]

About Ragnarok Violet

‘Ragnarok Violet’ is the free iOS version of the famous ‘Ragnarok Online’ which boasts over 50,000,000 players worldwide. Combining the award winning Action RPG ‘Ragnarok Online’ with the portability and quick game play of the mobile phone we proudly present ‘Ragnarok Violet’!

Utilizing some of the most unique and fun systems of Ragnarok Online, such as an advanced Pet system, item enchanting card collecting, cute costumes and of course exploring the expansive world of ‘Ragnarok Violet’, Violet promises to feel familiar yet all new, and all fun!  Ragnarok Violet also offers brand new ways of playing Ragnarok Online, such as improved weapon swapping, and the Item creation systems, ‘Ragnarok Violet’ has evolved this into a even more enjoyable game! More information can be found at www.playragnarok.com.violet

About Gravity Interactive, Inc.

Headquartered in Marina Del Rey (California, U.S.A.), Gravity Interactive, Inc. was established in March 2003 and is the U.S. subsidiary of Gravity Co. Ltd. (South Korea, Nasdaq GM: GRVY).  Gravity Interactive, Inc. is a world-renowned leader in online game publishing and operates Massively Multiplayer Online Role-Playing Games (MMORPGs) for the North American casual and hardcore gaming markets.  The company’s flagship title, Ragnarok Online, has over three (3) million North American subscribers (about 50 million subscribers worldwide) and has been joined by other titles Dragon Saga, Requiem: Memento Mori, and ROSE Online.  More information can be found at www.warpportal.com

The statements made in this press release that are not historical facts are "forward-looking statements." These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. The Company cautions readers of this press release that a number of important factors could cause this event’s actual future results to differ materially from those expressed in any such forward-looking statements. Such factors include, without limitation, product delays, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company's assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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