iPerceptions - Customer Satisfaction Measurement

MONTREAL–(Marketwire – September 13, 2007) – iPerceptions Inc. (TSX VENTURE:
IPE), announced today that it has filed a Default Status Report concerning its
inability to file its interim consolidated financial statements and MD&A for
the period ended June 30, 2007 by the filing deadline of August 29, 2007 and the
restatement of its previously issued financial statements for the financial year
ended December 31, 2006, the whole pursuant to the policies of the Canadian Securities
Administrators.

Under said Default Status Report, the Company reported that there have been no
material developments, nor material change in the information contained in the
Notice of Default filed by the Company on August 28, 2007 (the "Notice of Default").
The Company did not fail to fulfill its stated intentions in such Notice of Default,
notably to file its 2nd quarter 2007 interim financial statements and MD&A,
as well as restated 2006 annual financial statements no later than September 28,
2007. Any other material information concerning the affairs of the Company has
also been properly disclosed.

The Company’s external auditor and the Management of the Company have indicated,
in the Notice of Default and accompanying materials filed on August 28, 2007,
that additional time would be required in order to reevaluate accounting principles
and measures concerning revenue recognition and deferred revenues for the financial
year ended December 31, 2006. The Company’s objective remains to file its restated
December 31, 2006 annual consolidated financial statements, as well as its 2nd
quarter interim consolidated financial statements and MD&A no later than September
28, 2007.

Effective August 30, 2007, the Autorité des marchés financiers (Quebec), under
CSA Staff Notice 57-301 — Failing to File Financial Statements on Time – Management
Cease Trade Orders, has issued a Management Cease Trade Order that temporarily
prohibits trading by directors, officers and certain employees in the securities
of iPerceptions.

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.

The TSX Venture Exchange does not assume any responsibility as for the relevance
or exactitude 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
President and 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