CORRECTING and REPLACING iPerceptions Secures $3.65 Million in Funding

NEW YORK--(BUSINESS WIRE)--Investor's name should read: Skuli Mogensen (sted Skuli Morgensen)

The corrected release reads:

iPerceptions SECURES $3.65 MILLION IN FUNDING

iPerceptions Inc. (TSX.V:IPE), a leading provider of web-focused Voice of Customer analytics, today announced that it has raised $3.65 million in capital from investors Skuli Mogensen and Telesystem Ltd. The company will use the investment to continue to expand into new global markets and reach new customers through focused sales and marketing initiatives for its enterprise offerings and new 4Q website survey solution.

Both investors bring a proven track record in identifying high-growth businesses. Skuli Mogensen was most recently founder and CEO of Oz Communications, a mobile email and instant messaging provider that was acquired by Nokia in October 2008. Canadian-based Telesystem Ltd. is a private company that focuses on profit-oriented growth enterprises in the digital economy.

“Fortune-class companies across Europe and North America are turning to iPerceptions to tune into the voices of their customers in a down economic climate,” said Jerry Tarasofsky, CEO of iPerceptions. “This investment is further validation of our vision of a new kind of analytics that pinpoints the ‘why’ behind online customer behavior. We will use this new capital to accelerate our growth worldwide and to continue to introduce new and innovative products and services to our growing list of top tier clients.”

About iPerceptions

iPerceptions is one of North America's leading web-focused Voice of Customer analytics providers. Its webValidator Continuous Listening solution and Proprietary iPerceptions 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, LG Electronics, Choice Hotels International, BMW and Monster Worldwide. iPerceptions has offices in New York, Toronto, Montreal and London.

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