MINNEAPOLIS, March 31 /PRNewswire/ -- With Personalization Summit 2000 just one week away, Net Perceptions, Inc. (Nasdaq: NETP) today announced that it has been selected by Forbes ASAP as one of the best-managed, fastest-growing technology companies in the world. Upside Magazine also chose Net Perceptions as an "E-Business Winner" in the Platform & Tools category of its "E-Business 150" list published this month.

Forbes ASAP's first "Ramp Champs" list ( http://www.forbes.com/asap/00/0403/84.htm ), compiled by the leading technology business magazine after surveying 200 analysts, recognizes the 20 technology, telecommunications and biotechnology companies most likely to continue their success in the future. Net Perceptions, which ranked No. 12 on the list, was cited for its innovative software, large customer base, strong financial performance and predicted revenue growth. "The number of households shopping online could grow to 49.4 million by 2004," the magazine said, "and technology like Net Perceptions' could increase the cross-sell rate to those buyers by 20 to 25 percent."

Upside Magazine's "E-Business Winners" list ( http://www.upside.com/texis/mvm/ebiz/story?id=38a1f2d20 ), based on rankings by The Yankee Group, predicts what the future could hold for today's technology leaders in the areas of innovation, market share, overseas strength, alliances and management. The publication recognized Net Perceptions for its strong potential in market share and growth as well as the company's creation of an industry speakers' corner, personalization.com. "Personalization is hot, and perhaps no name has been more synonymous with the concept than Net Perceptions," Upside editors wrote. "Through software, consulting and conference fees, no one stands to gain more in the sector than Net Perceptions."

"It's quite satisfying to see the momentum building behind the personalization movement," said Steven Snyder, Net Perceptions president and CEO. "In ever increasing numbers, businesses are recognizing the bottom-line impact that personalization can have throughout their organization, whether in call centers, e-mail, Internets or within their intranets, driving new levels of information management."

About Personalization Summit 2000

Personalization Summit 2000, to be held April 9-11 at the Marriott Copley Place Hotel in Boston, will bring together customers, partners, technology experts and industry leaders for two days of general sessions, informative breakout sessions and an exhibit fair featuring the leaders in personalization technology. As a pioneer of personalization technology, Net Perceptions has been able to leverage its position and its industry partnerships to facilitate a collaborative environment for the exchange of information and ideas related to the role personalization plays in marketing today. Summit attendees are immersed in discussions related to the technical, marketing and business aspects of how personalization enhances customer relationships and strengthens a company's bottom line.

About Net Perceptions

Net Perceptions is a leading supplier of realtime personalization and precision marketing software solutions for Internet and multi-channel retailers. Its software is designed to help retailers understand customers individually, optimize product assortments, prices and inventories, and offer the right product to the right customer at the right price. On Feb. 14, 2000, Net Perceptions completed its acquisition of Knowledge Discovery One (KD1), a provider of advanced data analysis solutions for multi-channel and dot.com retailers. Net Perceptions' customers include many of the world's best-known brands, including Art.com, Bertelsmann, Egghead.com, Children's Place, eToys.com, Fingerhut, Hudson's Bay Company, J.C. Penney, Proctor & Gamble, Tower Records and Walgreens. Incorporated in Delaware July 3, 1996, the company has offices in Minneapolis; San Francisco; New York; Austin, Texas; Richardson, Texas and Berkshire, U.K.

Net Perceptions is a registered trademark 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. SOURCE Net Perceptions, Inc.

CONTACT: Jacqueline Hanson of Net Perceptions, 612-918-1749, 800-466-0711, jhanson@netperceptions.com , or John Taylor of Waggener Edstrom, 425-637-9097, johnt@wagged.com /