Earlier this month, XSEED held a press event announcing a few games they were going to localize. One of the new ones they revealed was none other then Ragnarok Odyssey. A game that looks quite similar to another that has you slay oversize monsters, with a few key differences.
The PlayStation Vita game was released back in February in Japan, and is now heading to the NTSC region this Summer, while Sony Computer Entertainment Asia says July 12th. Either case it is happening, so if you were one of those few hoping for this, XSEED delivered, and delivering in psychical form to boot.
Source (http://www NULL.siliconera NULL.com/2012/05/18/ragnarok-odyssey-will-be-available-in-english-this-july/)