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Wednesday, 08/05/2009 7:29:30 AM

Wednesday, August 05, 2009 7:29:30 AM

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Note re: GRVY 2nd quarter earnings

Due to the fact that GRVY is a foreign filer, they aren't required to report quarterly data similar to US filers. As a result the Company has historically reported quarterly data on an inconsistent schedule.

I contacted the Company regarding the timing of the second quarter earnings release. Per Yoon Joo, the company plans to release the 2nd quarter earnings at the end of August. This is much earlier then last years second quarter which was during the middle of October.

Per Yoon Joo, she is planning to include the EPS information in the second quarter earnings release.

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