MINNEAPOLIS--(BUSINESS WIRE)--Sept. 11, 2000--Net Perceptions, Inc. (Nasdaq:NETP), a leading provider of precision merchandising and personalization software, today announced that it is working closely with Intel Corporation to optimize Net Perceptions solutions for Intel Pentium(R) III Xeon(TM) processors. The joint effort will allow businesses to more quickly and easily deploy Net Perceptions' array of e-commerce personalization solutions on their Intel-based systems. Net Perceptions estimates that about half of their customers currently operate on Intel-based systems.

Using the Intel(R) Application Solution Centers in Hillsboro, Oregon, Net Perceptions and Intel developers will refine the performance of various Net Perceptions e-commerce products' performance on 2-, 4- and 8-way Intel-based Web servers. The result will help minimize businesses' staff time, costs and hardware to rapidly deploy one or several applications of Net Perceptions' realtime, one-to-one personalization throughout their entire Web site.

While one of the most frequent applications of Net Perceptions for E-commerce is during customer check out, other popular applications that will be refined for ease of implementation through the Intel processors include deploying personalized recommendations when Web customers request additional product information, gift recommendations and place items into their electronic shopping baskets.

"Net Perceptions is a good example of a company that is driving innovation within the merchandising and personalization areas," said Tom Garrison, Director of IA-32 Product Marketing for Intel's Enterprise Platforms Group. "We are working closely with companies such as Net Perceptions to maximize the performance of their technologies on our scalable Pentium III Xeon platform to ensure that our customers receive the maximum e-business benefit from their Intel-based systems."

Steve Larsen, Net Perceptions senior vice president said: "We believe the work we're currently undertaking with Intel will give our joint customers a significant advantage, not only when incorporating advanced personalization solutions into their Web sites, but in using this technology in a number of ways throughout their site to create a more exciting user experience - and a far more profitable one for the business."

About Net Perceptions Commerce Solutions

Net Perceptions Commerce Solutions software helps businesses better understand the relationships between the key aspects of every transaction - customers, products and promotions. Through its unique precision merchandising software, businesses are able to transform available data into profitable action across every point of customer contact, whether through Web sites, stores, call centers, advertising or wireless interaction. Customers include many of the world's best-known brands: BestBuy.com, eToys.com, Fingerhut, J.C. Penney and Walgreens.

About Net Perceptions

Net Perceptions is the innovator and preeminent supplier of software solutions that allow companies to translate knowledge into profitable business action. Its Commerce Solutions and Knowledge Solutions products enable clients to capitalize on business information and optimize product assortments, pricing, customer relationships and intellectual capital. The company is based in the U.S. and has offices in six other countries. For more information visit www.netperceptions.com or call 800-466-0711. Net Perceptions and Net Perceptions logo are registered trademarks of Net Perceptions, Inc. All other trademarks are the property of their respective owners. This news release contains forward-looking statements that involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the company's limited operating history, delays in product development, development of the Internet market, changes in product pricing policies, competitive pressures, and the risk factors detailed from time to time in the company's periodic reports and registration statements filed with the Securities and Exchange Commission.

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