Epic Games announces the launch of Epic Games Korea, following up indications that surfaced last week that such a plan was in the works. Here's a bit from the official announcement on what this is all about:

SEOUL (June 29, 2009) – Epic Games, Inc. today celebrated the launch of Epic Games Korea, its wholly owned and operated business unit based in Seoul. Select members of the media attended a press conference and private reception to honor the new subsidiary, which extends Unreal Engine 3 licensing services and dedicated support resources to game developers in Korea.

Epic Games Korea is led by territory manager Ray Park, who was previously the business and strategy development manager of Massive, Inc., where he launched Microsoft’s dynamic in-game advertising network in Korea. Prior to Massive, he helped third-party game publishers and developers ship over 100 games for Xbox and Xbox 360 across Asia. Park also worked at Sony Computer Entertainment Korea as one of its early founding members, managing the third-party software licensing group to prepare games for PlayStation’s successful launch in Korea.