UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2007
Commission File Number 000-51138
GRAVITY Co., Ltd.
(Translation of registrants name into English)
Meritz Tower 14F, 825-2 Yeoksam-Dong, Gangnam-Gu, Seoul 135-934 Korea
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F:
þ Form 20-F o Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934:
o Yes þ No
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): n/a
Gravity Announces New U.S. Game Development Studio Comprised of Former Blizzard Members
SEOUL, SOUTH KOREA, December 5, 2007 Gravity, Co., Ltd. (Nasdaq: GRVY, the Company), an online
game developer and publisher, today announced that the Company has formed L5 Games Inc. (L5
Games), a game development studio based in San Mateo, California, which will now be a wholly-owned
subsidiary of Gravity Interactive, Inc., Gravitys operation in the U.S.
L5 Games has hired former Blizzard North employees who held leadership roles in successful
franchises such as World of Warcraft, Diablo and the StarCraft and Warcraft series. Over half of
the employees have more than 10 years of experience in game development and represent a variety of
cultural backgrounds.
We are happy to announce that former employees of Blizzard North have joined L5 Games as members
of the Gravity family, commented Mr. Il-Young Ryu, the Chairman and Chief Executive Officer of
Gravity. Mr. Ryu added, We intend to develop online games targeting the North American market,
one of the fastest growing online gaming markets, with the outstanding developers of L5 Games who
have a successful track record and thorough understanding of the culture of the North American
market.
About GRAVITY Co., Ltd. ---------------------------------------------------
Based in Korea, Gravity is a developer and publisher of online games. Gravitys principal product,
Ragnarok Online, is a popular online game in many markets, including Japan, Taiwan and Thailand,
and is currently commercially offered in 22 markets. For more information about Gravity, please
visit http://www.gravity.co.kr.
Forward-Looking Statements:
Certain statements in this press release may include, in addition to historical information,
forward-looking statements within the meaning of the safe-harbor provisions of the U.S. Private
Securities Litigation Reform Act 1995. Forward-looking statements can generally 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,
although not all forward-looking statements
contain these words. Investors should consider the information contained in our submissions and
filings with the United States Securities and Exchange Commission (the SEC), including our
registration statement on Form F-1, as amended, and our annual reports on Form 20-F, together with
such other documents and we may submit to or file with the SEC from time to time, on Form 6-K. The
forward-looking statements speak only as of this press release and we assume no duty to update them
to reflect new, changing or unanticipated events or circumstances.
Contact:
Mr. Jonathan J. Lee
Chief Financial Officer / Investor Relations Officer
Gravity Co., Ltd.
Email: jlee@gravity.co.kr
Telephone: +822-2019-6021
# # #