GRAVITY INTERACTIVE’S ONLINE MMORPG HIT DRAGON SAGA RELEASES LATEST UPDATE “KRYOS UNLEASHED” TODAY ON WARPPORTAL.COM

Latest Update with New Maps, Bosses, Dungeons, Features and more!

MARINA DEL REY, Calif. (February 10th, 2011) – Explore new lands, meet the Glacial Queen in the Glacial Dungeon and prepare for the upcoming Ice Age as the Dragon Fellowship seek reinforcements from Buhr Island in the latest DRAGON SAGA update “Kyros Unleashed” released today at 7:00 pm PST! More information can be found at www.warpportal.com

Players will be able to continue the epic quests in the world of dragons with new maps and quests from the Snowy Fox Tribes in which players will meet the Ice Dragon Kryos, the Glacial Queen and three (3) additional bosses. As time goes by, numbers of mysterious signs of the forthcoming Ice Age increase with the continent’s weather getting colder and monsters becoming stronger and powerful as players begin to explore the Specters’ Tower while preparing themselves for the coming climate change by gathering and trading items via the new Street Stall system.

Also, players will be able to make themselves stronger via the PvP Tournament system which will have a skill balance adjustment as well as a tactical, competitive “Defense Mode”. In addition, gamers will be able to assist each other under the Flag of Guild option which will make team work a breeze for all DRAGON SAGA gamers.

“There is so much more than ever for DRAGON SAGA fans with the Kryos Unleashed update,” states Yoshinori Kitamura, Gravity Interactive, Inc. CEO, “existing players will love all the new additions, quests and challenges and new players will love all the exciting game play so come and join in on the fun now!

About Dragon Saga
Dragon Saga (Rated E 10+) is a free action/fantasy 3d Side Scrolling MMORPG, where players explore a world in which Dragons roam the land and sky, and civilizations thrive with extraordinary magical powers. The world of Dragon Saga, will take new adventures into the discovery of its riches and traditions. Dragon Saga compliments the hyper quick game play with visually beautiful settings. More information can be found at www.playdragonsaga.com

About WarpPortal

Developed by world renowned Massively Multiplayer Online Game (MMORPG) publishing giant, Gravity Interactive, Inc., WarpPortal is the newest online platform for North American gamers. Users able to utilize a single login-account for multiple game access and manage their online accounts for some of the hottest online titles including Ragnarok Online, Rose Online, Requiem: Memento Mori, Dragon Saga, casual games and more. Additional highlights of the site include community forums, online support and the Gateway system-an application that provides users’ access to gaming news, community communication and music all from one online application. More information can be found at www.warpportal.com

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). It 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 Gravity Interactive 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

Patch v.0.1.26

Event

• - 2010 X-Mas Quests, Monster chest items removed.
• - Christmas Ballon Event removed

- Valentine's Day Cookie Factory added.

• - Cookie Factory Quest added.
• - Valentine's Day Event Items added.
• - Valentine Event Egg
• - Ms.GingerB, ChocoChop Pets.
• - L,O,V,E Balloon quests and balloon buffs.
• - New MyHome items obtainable from Event boxes.
• - New Hats, Balloons, Masks, and Backpacks.
• - Various sweets and snack with EXP buffs.

New World

- Buhr Island is now open.

New Dungeon

- Wolves' Den(Lv.15~) is added.

Quests

• - Lv.20~30 quests changed.
• - Underground Graveyard quests added.
• - Spectre's Tower quests added.
• - Buhr Island quests added.
• - Buhr Island daily quests added.
• - Tactic Mode quests added.(Dr. Noel NPC in Libra)

Monsters

• - Underground Graveyard monsters added.
• - Wolves' Den monsters added.

Mission
- Defense Tactic Mode added.
-Buhr Island defense mode added.
-Puff Tower's prices changed.

Skill

• - 4th Class Awakening Skills added.
• - Awakening Charge

- Skills and effects changed for balancing. (Details of skill changes will be posted on Update section)

Item

- Farrell Dungeon items changed.

- Adjustments on Dr. Farrell's items

- Kundara Dungeon Item added.

- 8 Quest reward weapons, 2 Quest items

- 1 Pet, 16 Accessories

- Boss reward items adjusted

- Underground Graveyard items added

- Lavalon Dungeon Boss reward items added and adjusted

- 40 Accessories

- Spectre's Tower items added

- Buhr Island related items added

- HP Recovery function accessories added

- Added items that gives immunity to freezing effects

Item Mall

- New costumes added to Big Wheel

• --Pilot Set
• --Black Bear Set
• --Lovely Penguin Set
• --High Elf Magic Set
• --Skeleton Set
• --Winter Set
• --Skier Set
• --Winter Relief Set
• --Luxurious Winter Set
• --Professional Skier Set
• --Villain Set
• --Blue Pretty Girl Set
• --Business Suit Set
• --Yellow Pop Look Set
• --Green Pretty Girl Set
• --Red Dance Casual Set
• --Pick-Up Set
• --Blue Pick-Up Set
• --Apple Green Casual Set

-New costumes added to Mixboard

• --Snow King
• --Snow Queen
• --Legendary Magician
• --Pirate Captain
• --Snow Bear
• --Dandy Penguin
• --Pirate Worker
• --Woodie Leg
• --Surprise Bear Set
• --Winter Fashion Set

- Item Mall costumes changed to permanent items

- Price of W-Coin adjusted

- Consumable items changed - No longer tradeable

- Christmas items removed

- New items opened for sale

--Husky Pet Egg (7 Days) 500pts.

--Phelix Pet Egg (7 Days) 500pts.

--Gryphon Pet Egg (7 Days) 600pts.

--Valentine's Day Pet Egg (7 Days) 500pts.

--Pet Option Changer (1) 150pts.

--Pet Option Changer (5) 600pts.

--Pet Option Changer (10) 1000pts.

--Pet Name Changer 300pts.

--Regular Megaphones (20) 100pts.

--Reinforced Megaphones (10) 100pts.

--Perfect Hunch 25pts.

--Perfect Hunch (10) 200pts.

--MyHome Expansion (240x240) 550pts.

--Love Note (20) 100pts.

--Lover's Package: 200pts.

---Love Note (15)

---Love Love Warps (15)

-Item of the Week Sale:

No change

• Cash Shop Inventory Expansion: 300 Points
• ALL Reset Scroll: 650 Points
• Party Warp Card (10): 150 Points

The Big Wheel and Mixboard will be making their way back to our servers come 2/10/2011 maintenance and there will be one major difference from before all costumes obtained via the Big Wheel and Mixboard will be PERMANENT.

That's right no more timers running out, no more need to pay for extension.

All items purchased through the Big Wheel and Mixboard prior to this update will still have timers and be able to be extended after the 2/10 patch. Expired Item will no longer be accepted into the Mixboard.

Due to items in the Mixboard and Big Wheel becoming permanent and requiring no extension costs, the price of W-Coins will be increasing after 2/10/2011. W-Coins purchased before the patch however will still be valid, so purchase what you can before the patch to ensure you pay the lowest price.

We have been made aware of several important ISP work plans that may have an impact on network performance for all our titles and Websites.  Our ISP has recognized a possible issue with their routers that run their backbone network lines, and are taking steps to fix the problem in an orderly and quick fashion to prevent a bad degradation in service or disconnection down the road.

Where we fit in this plan is any router that is updated must be taken down for 3 hours or so, which makes traffic reroute to other routers so the network traffic continues.  When such rerouting is done it usually is accompanied by a change in traffic speed because of the longer route and possible capacity issues with the new route.  Furthermore if that router is very close to our servers it is possible no route is available and we will be "blacked out" while the update is taking place.

Our ISP plans on doing these ISP maintenances through February. Many of you may have noticed a network drop late January, that was the symptom that started the ISP investigation and plan to fix it before it happens again.  Below are the known ISP maintenances that have the best chance of directly affecting our service availability.

• February 9 : 2am - 5am  Possible Black out, and/or suboptimal routing (Latency)
• February 21 : 2am - 5am  Possible Black out, and/or suboptimal routing (Latency)

Please note that during February there is a strong likelihood of intermittent problems in the morning hours due to these updates taking place throughout our ISP network.

v.0.1.25

- Quest and text localization pre-patch update for Spectre's Tower.

Item Mall
-MyHome Bug which made items permanent has been fixed.
Items purchased before this patch will remain permenant.
All future MyHome items will be 30 Day Items with extension availible for a small fee. (Once extension become availible 2/10)

The following Items will now be 30 day items:Christmas Wallpaper

Christmas Tree
Christmas Fireplace
Turquoise Double Glaze Window

Prune Candy Interior Prop
Turquoise Sofa
Turquoise Single Bed
Wooden Desk
Picture Frame of Glorious Moment
Modern Brown Chair
Candlelight
Blue Stripe Antique Sofa
Wooden Dressing Table
Blue Wooden Tea Table
Pink Wooden Tea Table
Wooden Coffee Table with Candlestick
Blue Wooden Desk
Green Wooden Desk
Modern Brown Small Chair
Wooden Closet
Wheeled Colorful Closet
Wheeled Pastel Closet
Wall Bookshelf
Green Woodie Cactus
Pretty Woodie Trunk
Small W.Pink Vase
Red Brick Fireplace
Pororing Picture Frame
Dark Brown Large Mirror
Dark Green Large Mirror
Orange Roman Shade Window
Pink Stripe Roman Shade Window
Modern Brown Mailbox
Swellfish MailBox
Strong White Safe
Swellfish Safe

Removal

• Vault Expansion (30 Days): 80 Points
• Float Emote - Magician: 40 Points
• Float Emote - Archer: 40 Points
• Float Emote - Warrior: 40 Points
• Float Emote - Theif: 40 Points
• Float Emote - Puppy: 40 Points
• Float Emote - Poporing 40 Points

Adding

• Cash Shop Inventory Expansion: 300 Points
• ALL Reset Scroll: 650 Points
• Party Warp Card (10): 150 Points