BarPoint.com Says Stock Dividend Distribution is Being Corrected.

FORT LAUDERDALE, FLA--(BUSINESS WIRE)--Nov. 1, 1999--

BarPoint.com, Inc. (OTC Bulletin Board: BPNT) stated today that administrative errors made in the distribution of shares of its common stock as a dividend to former shareholders in The Harmat Organization are being corrected.

As a result of the errors, some persons eligible for the dividend shares have not yet received them while some shares have been distributed to individuals who are not eligible for them. BarPoint has worked with officials at Nasdaq, American Stock Transfer Company, and Depository Trust Company to correct the situation so that all persons eligible for the dividend receive the correct number of shares as quickly as possible.

As reported on October 19, 1999, the dividend is payable at a rate of .3252 BarPoint shares for each of the 2,712,500 Harmat shares outstanding as of June 2, 1999, the ownership date of record for the transaction. The dividend involves a total of 878,000 BarPoint shares and was agreed to at the time of a decision to combine Harmat with BarPoint in a reverse shell merger that became effective on June 3. The purpose of the dividend is to compensate Harmat shareholders for assets they contributed to the company in advance of the merger. The Harmat Organization had been listed on the OTC bulletin board under the symbol HMAT.

Currently more than 14,000,000 shares of BarPoint.com are outstanding.

Nasdaq announced last week that an ex-date of October 19, 1999 previously announced in connection with the dividend has been rescinded. "Trades executed through June 2, 1999 in shares of pre-merger Harmat shall include the stock distribution of .3252 shares for each share held," Nasdaq stated. "Trades executed on or after June 3, 1999, the effective date of the merger, shall be `ex' the distribution." Nasdaq suggested that questions about this should be directed to its Market Integrity Department at telephone number [phone].

BarPoint.com is the single, authoritative source for mobile Internet commerce, bridging the gap between the broad selection of products offered online and the confidence and satisfaction of retail shopping. Using BarPoint's comprehensive database and a handheld device to enter a product's unique UPC barcode or number, consumers can instantly obtain comparative pricing and product and manufacturer information about more than 100 million items. Whether users employ a handheld device to scan or manually enter the UPC code or access BarPoint's Web site from a desktop computer, BarPoint.com is the most direct route to better, more informed purchasing decisions any time, any where.

BarPoint and BarPoint.com are trademarks of BarPoint.com, Inc.