BarPoint Registration Statement Becomes Effective - Records value of product supply and licensing agreement -.

Business Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Aug. 4, 2000

BarPoint.com (NASDAQ: BPNT), an online and wireless product information and shopping service announced that its amended Form S-1 Registration Statement has been declared effective.

This filing registers 5,302,211 shares of Barpoint.com's common stock for resale. The shares had been previously acquired by shareholders in private placement transactions. Barpoint.com will not receive proceeds from the resale of any stock registered under this filing, in the event these shareholders decide to sell.

The Company also announced that subsequent to the issuance of its financial statements for the year ended September 30, 1999, the Company's management determined that a product supply and technology licensing agreement with Symbol Technologies, Inc. was not properly valued on the Company's books. In August of 1999, the Company issued shares of common stock to Symbol in exchange for a combination of cash and a product supply and licensing agreement that allowed for purchase discounts on Symbol's SPT 1500 products, a Palm-style device with scanning capability, as well as the incorporation of BarPoint's software applications into the device. This agreement also made it possible for BarPoint to develop new applications for this hand-held device to enable consumers and businesses to scan UPC codes and to use the BarPoint on-line product information and shopping service. At the time the stock was issued, in August 1999, no value was recorded for the product supply and licensing agreement.

As a result, the financial statements for the year ended September 30, 1999 and the quarters ended December 31, 1999 and March 31, 2000 have been restated from amounts previously reported to record the $1,500,000 value of the product supply and licensing agreement as an intangible asset with a corresponding increase in paid-in-capital. There was no change in the reported loss for the year ended September 30, 1999; however, the financial statements for the quarters ended December 31, 1999 and March 31, 2000 have been restated to reflect the amortization of the $1,500,000 on a straight-line basis over twenty-two months commencing October 1, 1999. For the quarter ended December 31, 1999, the net loss increased by $93,909, or $0.01 per share basic and diluted, and for the quarter ended March 31, 2000 net earnings decreased $130,910, or $0.01 per share basic and diluted.

About BarPoint

BarPoint.com is the single, authoritative source for mobile Internet shopping information; bridging the gap between the broad selection of products offered online with the confidence and satisfaction of retail shopping. Using unique product identifiers, such as the UPC barcode, and patent pending "reverse search" technology, BarPoint provides consumers and businesses with easy, efficient access to comparative pricing, product and manufacturer information, etc. for millions of items. BarPoint has previously announced strategic alliances with companies such as AT&T Wireless (NYSE: AWE), Motorola (NYSE: MOT), Verizon Wireless, Go America (NASDAQ: GOAM), JP Systems, and Symbol Technologies (NYSE: SBL) and last year acquired Synergy Solutions, which is now a wholly owned BarPoint.com subsidiary. Whether using a handheld device to scan or manually enter the product's UPC or even accessing BarPoint's website from a desktop computer, BarPoint.com is the most direct route to better, more informed purchasing decisions -- anytime, anywhere.

BarPoint.com is located at: One East Broward Boulevard, Suite 410, Fort Lauderdale, FL 33301. For information, contact BarPoint.com at: [phone] or via the web: www.barpoint.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the Company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company' s actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company' s expectations or future events.

BarPoint and BarPoint.com are trademarks of BarPoint.com, Inc. BarPoint Technology is patent pending.