Net Perceptions, Inc. Announces Conference Call to Review First Quarter Results

STAMFORD, Conn., May 4 /PRNewswire-FirstCall/ -- You are invited by Net Perceptions, Inc. (OTC Pink Sheets: NETP.PK) to participate in a conference call to review its financial results for the first quarter ended March 31, 2007. The live call is scheduled for Thursday, May 10, 2007 at 5:00 p.m., Eastern Time. Al Weggeman, President and CEO, will host the call.

To access the conference call, please call [phone] on Thursday, May 10, 2007 at least 10 minutes before the call is scheduled to begin.

International participants should call [phone] at least 15 minutes before the start of the conference call.

To accommodate our audiences in earlier time zones or anyone unable to listen, there will be a replay of the teleconference. The replay will be available shortly after the conclusion of the call and can be accessed on the Company's website http://www.netperceptions.com/ .

Net Perceptions, Inc. will be releasing its first quarter ended March 31, 2007 financial results to the wire services on May 10, 2007 after market close. You may visit our Website, http://www.netperceptions.com/ , for immediate access to this press release under the Investors section.

For further information, contact Jonathan LaBarre, Chief Financial Officer at [phone].

Net Perceptions, Inc., formerly a provider of marketing software solutions recently redeployed its assets with the October 3, 2006 acquisition of Concord Steel, a leading independent manufacturer of steel counter-weights and structural weldments that are incorporated into a variety of industrial equipment, including aerial work platforms, cranes, elevators and material handling equipment. Net Perceptions is currently working to build a diversified global industrial manufacturing group through both organic and acquisition growth initiatives that will both complement and diversify existing business lines.

This press release includes "forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. All of these forward-looking statements are based on estimates and assumptions made by our management that, although believed by the Company to be reasonable, are inherently uncertain. Forward-looking statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of its control, that may cause its business, strategy or actual results to differ materially from the forward-looking statements. The Company may use words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions to identify forward-looking statements. These risks and uncertainties are described in the "Risk Factors" section of the Company's filings with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K and amendments thereto and most recently filed Forms 8-K and 10-Q, which may be obtained at our web site at http://www.netperceptions.com/ or the Securities and Exchange Commission's web site at http://www.sec.gov/.