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Gravity Interactive Launches Rose Online

INTERGALATIC WAR SET TO BEGIN, GRAVITY INTERACTIVE UNLEASHES ROSE ONLINE

Highly Anticipated MMO Set to Take Flight December 1, 2005

MARINA DEL REY, Calif, Dec. 1, 2005 – Gravity Interactive, developer and distributor of massively multiplayer online role-playing games (MMORPGs), has set the launch date for the company's anticipated new game, ROSE Online, for Dec. 1, 2005. The new title is an interplanetary adventure game that will take players through a journey of mystery and peril.

ROSE Online is the follow-up title to Gravity's hugely successful MMORPG, Ragnarok Online, which has amassed over 25 million users worldwide. ROSE will attempt to become the next monster hit from the group out of Korea.

Geared to the teen and tween player, ROSE Online caters to an audience largely untapped by other persistent world games. The game provides a safe, family-friendly game world for today's youth looking for an atypical MMORPG option.

ROSE will thrust players into a deep storyline and involve them immediately, encouraging building community. Players will have the option to form groups, or guilds, to compete for dominion over the seven planets within the ROSE galaxy. The title will focus on epic battles with catastrophic implications, rather than small-scale confrontations. Instead of losing control of a castle, guilds will have to contend with losing control of their world. Kings will emerge, and kingdoms will be created as players begin to maneuver their way through a social, political and economic labyrinth within the game. The one who can put all seven planets under their control will become the most powerful force in the universe.

“We wanted to create a vibrant forum for our players to interact in a way that is compelling yet non-threatening,” Peter Kang, Executive Director of Gravity Interactive, said. “A game of grand proportions requires a large playground; we chose a solar system.”

Published by Korea-based Gravity Corp., the PC game will launch in North America on December 1 and be available through the game's official website: www.roseonlinegame.com. The monthly subscription will be 12.99 with the free game download.

About Gravity Interactive LLC

Headquartered in Marina Del Rey, Calif., Gravity Interactive LLC is the U.S. subsidiary of Korea-based Gravity Corp (GRVY). Gravity is a developer and distributor of online games worldwide. The Company's principal product, Ragnarok Online, has service in over 37 different countries. For more information visit http://www.gravity.co.kr.

Forward-Looking Statements:

Certain statements in this press release include forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of Forward-looking statements generally can be identified by the use of forward- looking terminology, such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “project” or “continue” or the negative thereof or other similar words. All forward-looking statements involve risks and uncertainties, including, but not limited to, the ability to diversify revenue, ability to collect license fees and royalty payments from overseas licensees and in a timely manner; ability to acquire, develop, license, launch, market or operate commercially successful online games; competition from companies that have greater financial resources; introduction of new products into the marketplace by competitors; the ability to recruit and retain quality employees as Gravity grows; and economic and political conditions globally. Actual results may differ materially from those discussed in, or implied by, forward-looking statements. The forward-looking statements speak only as of the date of this release and Gravity assumes no duty to update them to reflect new, changing or unanticipated events or circumstances.

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