According to this
press release on the Red-5 website the former Blizzard employees have signed a deal that will allow Webzen to publish their upcoming, un-named Project Offset based game (yeah, it's all pretty vague right now). Between this unknown and the Unreal Engine 3 powered
Huxley, Webzen is really starting to build some momentum. Hopefully we get some info on the game at E3 in May.