Ragnarok Odyssey Ace, GungHo Online Entertainment’s recently announcedupdate to last year’s Ragnarok Odyssey, will be released for the western market, the Japanese publisher has confirmed. 

Ace includes all the content and downloadable quests from the original game, as well as a new episode set after the ending, a new “ACE Skill” battle system, a new randomly generated dungeon called “Tower of Yggdrasil,” and more. It will also be compatible in some part with Ragnarok Odyssey save data. Find more additions here.

In Japan, the game will launch for PS Vita on July 11 for 4,935 yen at retail and 3,900 yen via download. A PlayStation 3 version is also in development, but a release date and price were not announced.

http://gematsu.com/2013/04/ragnarok-odyssey-ace-coming-west

EDIT: sry

I hope they release this as dlc too, I dont want to re-buy this game again.

Yeah hope they release the new boss as DLC..I'm not buying it again just for that. Makes no sense

Someone make a thread for Demon Gaze localization rumor too :P