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GRAVITY INTERACTIVE’S RAGNAROK VIOLET QUICKLY GAINS POPULARITY AMONG IPHONE/IPAD GAMERS AFTER LAUNCH

“The best MMORPG is now on iOS!”

MARINA DEL REY, Calif. (August 25, 2011)– After being out for almost a month, Ragnarok Violet boasts over 400,000 downloads worldwide and it continues to steadily climb every day!

Users enjoy the quick, fun game play along with the familiar music; giving them the nostalgia of back when they first played Ragnarok Online.

In the words of our own players who have downloaded and tried Ragnarok Violet:

"I've been on and off with iRO and the songs that plays in each town brings back tons of memories, also the monsters are really similar. Pretty awesome for being free."

"...overall... MY FAVORITE ITUNES RPG FOR IPHONE!"

"Thinks... That this game is one of the best iPhone apps i've ever encountered! I highly recommend it to gamers and people who like getting easily addicted to things!..."

"This game is awesome and it's totally free! Download it, you won't regret it."

Whether you’re a veteran of Ragnarok Online or new to the world of Rune Midgard, come check out Ragnarok Violet, available on the App Store now! ( http://itunes.apple.com/us/app/ragnarok-violet/id450391604?l=ko&ls=1&mt=8)

About Ragnarok Violet ( http://www.playragnarok.com/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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