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November 29, 2007

iPerceptions Announces Increase in Revenues for the Third Quarter of 2007

Montreal, QC – (Marketwire – November 29, 2007) – iPerceptions Inc. (TSX.V: IPE),
a leader in online customer satisfaction and experience measurement, today reported
its financial results for the third quarter ended September 30, 2007 and announced
a 176% increase in revenue in the nine months of fiscal 2007 compared to the same
period of the last fiscal year.

Highlighting the growing demand for its solutions, iPerceptions added numerous
high-profile companies to its customer portfolio in the third quarter of 2007
such as SAP America, Network Appliance, Mazda Canada, Best Western, Intuit and
Borland and renews annual contracts with high profile clients such as Wyndham
Worldwide, Samsung, Dell, Thomasville and Toshiba.

iPerceptions delivered the following results for the third fiscal quarter 2007:

Revenue: For the quarter ended September 30, 2007, revenue totaled $850,670 compared
to $357,568 for the corresponding period in the previous fiscal year, an increase
of 138%. For the nine-month period ended September 30, 2007, the Corporation’s
revenue totaled $2,211,810 compared to $800,514 for the corresponding period in
the previous fiscal year, an increase of 176%. This growth in revenue is directly
related to the increase in iPerceptions customers. This substantial growth for
the first nine months of the fiscal year reflects the customer’s appreciation
for iPerceptions products and services, new marketing initiatives, as well as
the Company’s headway in this emerging market.

Net loss and Earnings per Share: Net loss and comprehensive loss for the quarter ended September 30, 2007 was
$469,146 compared to $533,487 in the same period of 2006. The year-to-date net
loss and comprehensive loss was $1,262,637 compared to $1,323,018 during the first
nine months in the prior year. The third quarter and the year-to-date basic and
diluted loss per share for 2007 were $0.01 and $0.04 respectively.

Cash position: Total cash and cash equivalents is approximately $2.5 million at the end of
the third quarter as a result of a private placements of $3.2 million during the
nine-month period.

"The success iPerceptions has experienced this year is a reflection of our clients’
commitment to proper measurement of online customer satisfaction and experience,"
says Jerry Tarasofsky, CEO and President of iPerceptions. "The webValidator Continuous
Listening Solution and the iPerceptions Satisfaction Index (iPSI) continue to
provide companies with crucial voice of the customer strategic and tactical decision
support."

For additional information, consult our Management Discussion and Analysis filed
today on SEDAR at www.sedar.com.

About iPerceptions

iPerceptions is one of North America’s leading web-focused attitudinal analytics
providers. Its webValidator Continuous Listening solution and its Proprietary
Satisfaction Index (iPSI), turn thousands of data points into easy-to-understand
strategic and tactical decision support for website marketers. iPerceptions’ clients
include such well known brands as InterContinental Hotels, General Motors, Dell
Computers, Hyundai, CompUSA, LG Electronics, Toshiba, Choice Hotels International,
BMW and Hilton Hotels. iPerceptions has offices in New York, Toronto and Montreal.

Forward-Looking Statements And Caution

Securities laws encourage companies to present forward-looking information to
provide investors with a better understanding of the Corporation’s future prospects
and to help them make informed decisions. The present press release and related
Management Discussion and Analysis of iPerceptions contains forward-looking statements
about the Corporation’s objectives, strategies, financial position, results of
operations, cash flows and activities, which are based on Management’s current
expectations, estimates and assumptions about the markets in which it operates.

Statements based on Management’s current expectations contain known and unknown
risks and uncertainties. Forward-looking statements may include verbs such as
"believe," "anticipate," "estimate," "expect," "target" and "assess" or related
expressions. These statements represent iPerceptions’ intentions, plans, expectations
or beliefs and are subject to risks, uncertainties and other factors, many of
which are beyond the Corporation’s control. Actual results may vary materially
from forecasts. The reader is cautioned not to place undue faith in any forward-looking
statement. Please note that the forward-looking statements contained in this press
release and related Management Discussion and Analysis describe our expectations
as at November 15, 2007.

Additional information on the risk factors to which the Corporation is exposed
is available in the Risks Factors section of the Filing Statement dated May 30, 2007, which is available on SEDAR.
This section addresses the risks, uncertainties and other factors that could affect
financial results. Forward-looking statements do not take into account the effect
that transactions or non-recurring or other special items announced or occurring
after the statements are made may have on our activities. We disclaim any intention
and assume no obligation to update any forward-looking statements even if new
information becomes available as a result of future events or for any other reason
unless required to do so by applicable securities regulations.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy
of this press release.

Media information

Jonathan Levitt
Vice-President Marketing
iPerceptions Inc.
Tel: 514-488-3600
Fax: 514-484-2600

Investor information

Jerry Tarasofsky
Chief Executive Officer
iPerceptions Inc.
Tel: 514-488-3600
Fax: 514-484-2600

Martin Faucher
Chief Financial Officer
iPerceptions Inc.
Tel : 514-488-3600
Fax: 514-484-2600


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