Business Wire
                        Copyright (c) 1999, Business Wire

                             Friday, October 1, 1999

Scoop, Inc. Announces Confirmation Of Plan of Reorganization Under Chapter 11

LOS ANGELES--(BUSINESS  WIRE)--Oct. 1, 1999--Scoop, Inc., a Delaware corporation
(OTC:SCPI) ("Scoop"), announced today that, on Sept. 30, 1999, the United States
Bankruptcy  Court for the  Central  District  of  California  confirmed  Scoop's
Chapter 11 Plan of Reorganization ("Plan").

The Plan  provides for a business  combination  between  Scoop and  InfiniCom AB
(publ)  ("InfiniCom"),  a  holding  company  formed  under  the laws of  Sweden.
InfiniCom  will  acquire a 91%  interest  in Scoop in exchange  for  InfiniCom's
transfer to Scoop of 100% of the stock in 24STORE.com  Limited ("24STORE") and a
cash consideration.

Scoop  anticipates  that,  pursuant  to  the  Plan,  Scoop's  general  unsecured
creditors will obtain a recovery of in excess of 90% of their estimated  allowed
claims.  Scoop's chief executive  officer,  Rand Bleimeister  stated, "I am very
pleased  with the  outcome of Scoop's  reorganization.  Scoop's  creditors  will
obtain a very favorable recovery on their claims, and Scoop's  shareholders will
retain  a  very   significant   interest  in  the   reorganized   company.   The
reorganization process certainly worked in this case."

Founded in 1990, Scoop was in the business of offering  custom-designed reprints
in hard copy format or HTML  format for  posting on the World Wide Web.  Scoop's
Scoop  Information  Services  Division  offered  an  internet-based  information
service,  focusing on  electronic  delivery of  information  to  individuals  in
companies.

Scoop is  represented  in its  Chapter  11 case by Robert E.  Opera and Hamid R.
Rafatjoo  of  the   Irvine-based   law  firm  of  Lobel,   Opera  &  FriedmanLLP
(www.lobelopera.com).  Scoop's  corporate and securities  counsel are William J.
Cernius and Scott Shean of the Costa Mesa office of Latham & Watkins.

CONTACT: Scoop, Inc., Rand Bleimeister,  310/557-1330 or Lobel, Opera & Friedman
LLP,    Robert   E.   Opera,    ropera@lobelopera.com,    Hamid   R.   Rafatjoo,
hrafatjoo@lobelopera.com