Document:

DATED 31 MARCH 2000

                             MICHAEL JOHN NEAME (1)

                                       and

                                MARTIN CLARKE (2)

                                       and

                             24STORE.com LIMITED (3)

                                       and

                                INFINICOM AB (4)

                                       and

                                 SCOOP, INC. (5)

--------------------------------------------------------------------------------

                   DEED OF SUBSCRIPTION, AMENDMENT AND RELEASE
                                 in respect of:
                     (i) a share sale and purchase agreement
                        (ii) a loan note instrument; and
                        (iii) a legal charge over shares

--------------------------------------------------------------------------------

                                  White & Case
                                  7-11 Moorgate
                                     London
                                    EC2R 6HH
                               Tel: 020 7726 6361
                               Fax: 020 7726 4314
                                    Ref: GJH

<PAGE>

THIS DEED is made on 31 March 2000.

BETWEEN:

(1)      MICHAEL JOHN NEAME of 44 Pyotts Copse, Old Basing,  Basingstoke,  Hants
         RG24 8WE;

(2)      MARTIN CLARKE of Kingston,  Reading Road North,  Fleet,  Hants GU13 8HR
         (together "the Vendors");

(3)      24STORE.com  LIMITED  a  company   incorporated  in  England  with  its
         registered  address  at  Cyberia  House,  Church  Street,  Basingstoke,
         Hampshire RG21 7QN and registered number 3605559 ("the Purchaser");

(4)      INFINICOM AB a company  incorporated in Sweden with  registered  number
         556448-8194  whose registered  office is situated at  Gustavslundsvagen
         151E, S-167 51, Bromma, Sweden ("Infinicom"); and

(5)      SCOOP,  INC a corporation  organised and existing under the laws of the
         State of Delaware, USA ("Scoop").

RECITALS:

(A)      LapLand U.K. Limited  ("Lapland") was incorporated in England on 9 July
         1990 under the Companies Act 1985 with registered number 02520180, is a
         private company  limited by shares and has an authorised  share capital
         of 50,000  Pounds  Sterling  divided into 50,000  ordinary  shares of 1
         Pounds Sterling each, all of which have been issued or allotted and are
         fully paid.

(B)      Mobile Planet  Limited  ("Mobile")  was  incorporated  in England on 14
         February  1992  under the  Companies  Act 1985 with  registered  number
         02687500,  is a private company limited by shares and has an authorised
         share  capital of 5,000 Pounds  Sterling  divided  into 5,000  ordinary
         shares of 1 Pounds  Sterling  each,  all of which  have been  issued or
         allotted and are fully paid.

(C)      Cyberia  (UK) Limited  ("Cyberia")  was  incorporated  in England on 24
         September  1997 under the  Companies  Act 1985 with  registered  number
         03438944,  is a private company limited by shares and has an authorised
         share capital of 2,000 Pounds Sterling each divided into 2,000 ordinary
         shares  of 1  Pounds  Sterling  each 2 of which  have  been  issued  or
         allotted and are fully paid.

(D)      On 18  September  1998,  the Vendors  agreed to sell the Sale Shares to
         Infinicom,  which  agreement  was  rescinded  by the Vendors on 1 April
         1999,  when the Vendors  exercised  their  rights  under a legal charge
         dated 2 December 1998.

(E)      Pursuant to a share sale and purchase  amendment  agreement between the
         parties hereto  (except  Scoop) dated 6 May 1999 (the "1999 SPA"),  the
         Vendors  subsequently sold and the Purchaser acquired the entire issued
         share  capital  in the  Companies  in  accordance  with the  terms  and
         conditions of the 1999 SPA.

(F)      On 6 May 1999,  Infinicom and the Purchaser  also executed as a deed an
         instrument  constituting  up to 1,750,000  Pounds  Sterling 10% secured
         loan notes issued by the Purchaser  (which  together with any schedules
         and supplemental instruments thereto shall be referred to herein as the
         "1999 Loan Note  Instrument")  under  which the Vendors are at the date
         hereof  the  sole  Noteholders  (as  defined  in  the  1999  Loan  Note
         Instrument).

(G)      On 6 May 1999,  each of the Vendors and the Purchaser also entered into
         a Legal Charge over Shares (the "1999 Legal  Charge"),  whereby,  inter
         alia,  certain amounts from time to time owing to the Vendors under the
         1999 Loan Note  Instrument  were  agreed to be secured in favour of the
         Vendors.

(H)      The  parties  hereto have  agreed,  inter  alia,  (i) to amend  certain
         provisions of the 1999 SPA, (ii) to release all rights and  obligations
         under  the  1999  Loan  Note  Instrument  in   consideration   for  new
         undertakings  set out  herein and in the  Option  Agreements,  (iii) to
         release the  provisions of the 1999 Legal Charge and (iv) to effect the
         allotment of certain  securities in the capital of the Purchaser and of
         Scoop (respectively), in each case in accordance with the terms set out
         below.

IT IS AGREED as follows:

1.       INTERPRETATION

1.1      Terms used in this Deed have the same meanings and  construction as set
         out in the 1999 SPA, save where  otherwise  defined herein or where the
         context requires otherwise.

1.2      Notwithstanding  the  above  Clause  1.1,  in this  Deed the  following
         definitions are used:

          "1999 Documents"              means the 1999 SPA,  the 1999 Loan  Note
                                        Instrument  and the 1999  Legal  Charge,
                                        all  of  them  and  each of  them as the
                                        context admits.

          "Authorisation Documents"     means   those   resolutions   and  other
                                        documents  listed and set out at Exhibit
                                        D (Authorisation Documents).

          "Debt  Obligations"           means  the  debt   obligations   of  the
                                        Purchaser,  details of which are set out
                                        in Exhibit C.

          "Effective Date"              means such time on the date  hereof (and
                                        not later than the date hereof) when all
                                        of  the  resolutions  of the  Boards  of
                                        Directors,  resolutions of  Shareholders
                                        and other actions and  authorisations of
                                        the     respective     companies     and
                                        corporations     set    out    in    the
                                        Authorisation    Documents   have   been
                                        effected.

          "Option  Agreements"          means each of the option  agreements set
                                        out  at  Exhibit  B to be  entered  into
                                        pursuant to Clause 2.3.2(iv).

          "Purchaser's  Solicitors"     means  White & Case of  Basildon  House,
                                        7-11 Moorgate, London EC2R 6HH

          "Scoop Subscription
           Agreement"                   means    the    agreements    for    the
                                        subscription  of shares of common  stock
                                        in Scoop, as set out in Exhibit E (Scoop
                                        Subscription  Agreements),  all of  them
                                        and each of them as the context admits.

1.3      The designations  adopted in the recitals and  introductory  statements
         preceding this clause apply throughout this Deed and its Exhibits.

1.4      Save as specifically provided in this Agreement, the provisions of Part
         I of the Law of Property (Miscellaneous  Provisions) Act 1994 shall not
         apply to this Agreement.

2.       AMENDMENT AND RESTATEMENT

2.1      Agreement and consent to amendments

         2.1.1    Each  party to each  agreement  or  deed,  as the case may be,
                  referred to in Clause 2.2 (1999 SPA) to Clause 2.4 (1999 Legal
                  Charge)  (inclusive)  agrees that the amendments to or release
                  of the terms under that agreement or deed, as the case may be,
                  specified in the relevant clause shall be made.

         2.1.2    The  parties to this Deed agree  that,  with  effect  from the
                  Effective  Date,  references  in a 1999  Document  to any 1999
                  Document amended, modified, waived and/or supplemented by this
                  Deed shall be deemed to be  references  to that 1999  Document
                  (and to any definition contained therein) as amended, modified
                  and/or supplemented by this Deed.

2.2      1999 SPA

         2.2.1    With effect on and from the Effective Date, the 1999 SPA shall
                  be amended as described in Exhibit A  (Amendments  to the 1999
                  SPA).

         2.2.2    In addition,  the Vendors,  the Purchaser and Infinicom hereby
                  agree and confirm that the Purchaser has  previously  complied
                  with all of its duties and  obligations set out in Clauses 3.1
                  and 5.1 of the  1999  SPA (as  amended  hereby),  as  required
                  therein, which accordingly have been satisfied in full.

2.3      1999 Loan Note Instrument

         2.3.1    With   effect   on  and  from  the   Effective   Date  and  in
                  consideration  for the  undertakings  given  in  Clause  2.3.2
                  below,  all rights,  benefits,  interests and claims  together
                  with all debts, obligations and liabilities otherwise accruing
                  to or owing by the  parties  thereto  under the 1999 Loan Note
                  Instrument  shall be  released  with the result  that the 1999
                  Loan Note Instrument shall be of no further force and effect.

         2.3.2    In consideration for the release of the rights and obligations
                  set out in Clause 2.3.1 above, in each case upon the Effective
                  Date:

                  (i)      the  Purchaser  undertakes  to pay to the  Vendors in
                           aggregate the sum of 851,506 Pounds  Sterling in cash
                           (which  obligation shall be satisfied upon the giving
                           of confirmation  by the  Purchaser's  Solicitors that
                           they hold such money to the order of the Vendors);

                  (ii)     the Purchaser  undertakes to allot to Scoop 4,200,000
                           ordinary shares of 10 pence each in the share capital
                           of the Purchaser, credited as fully paid;

                  (iii)    Scoop  undertakes  to  allot  to each of the  Vendors
                           4,953,455  shares of common stock, par value US$0.001
                           per share, in the capital of Scoop, credited as fully
                           paid which shall be  allotted  upon the terms set out
                           in the Scoop  Subscription  Agreements marked Annex 1
                           and Annex 2, each of which has been  executed  by the
                           respective  parties thereto (but not dated) and which
                           shall be dated the Effective Date; and

                  (iv)     Infinicom  and the  Vendors  undertake  to enter into
                           their  respective  Option  Agreements in the form set
                           out at Exhibit B (Option  Agreements)  in relation to
                           the  shares  in Scoop  allotted  pursuant  to  Clause
                           2.3.2(iii)  above, each of which has been executed by
                           the  respective  parties  thereto (but not dated) and
                           which shall be dated the Effective Date.

2.4      1999 Legal Charge

         Further to the  release of all  rights and  obligations  under the 1999
         Loan Note Instrument  under Clause 2.3.1 above, the parties to the 1999
         Legal Charge shall upon the  Effective  Date release any and all duties
         and  obligations  which  would  otherwise  be owing to each of them and
         relinquish all rights and benefits which would otherwise be accruing to
         each of them under the 1999  Legal  Charge,  which as of the  Effective
         Date shall be of no further force and effect.

3.       TRANSFER OF DEBT OBLIGATIONS BY THE PURCHASER

3.1      In each case upon the Effective Date:

         (i)        the Purchaser shall give notice to Infinicom to transfer the
                    Debt Obligations to Scoop;

         (ii)       Infinicom  shall give its full  consent to such  transfer of
                    such Debt Obligations; and

         (iii)      Scoop shall accept such Debt  Obligations  transferred to it
                    by the Purchaser,  in consideration  for the undertaking set
                    out in Clause 3.2 below.

3.2      In  consideration  for the transfer to and  assumption  by Scoop of the
         Debt Obligations pursuant to Clause 3.1 above, the Purchaser undertakes
         to allot to Scoop on the Effective Date  16,142,972  ordinary shares of
         10 pence each in the capital of the Purchaser, credited as fully paid.

3.3      Infinicom  hereby  agrees to  release,  upon the  Effective  Date,  all
         amounts  (including for the avoidance of doubt principal,  interest and
         otherwise) owing to it by Scoop under the Debt Obligations (which shall
         previously have been  transferred on the Effective Date to Scoop by the
         Purchaser under Clause 3.1 above) in consideration for the allotment by
         Scoop to  Infinicom  of  7,819,217  shares of common  stock,  par value
         US$0.001 per share of Scoop, credited as fully paid, which shares Scoop
         undertakes to allot to Infinicom on the Effective Date,  which shall be
         allotted  upon the terms set out in the  Scoop  Subscription  Agreement
         marked Annex 3, which has been executed by the parties thereto (but not
         dated) and which shall be dated the Effective Date.

4.       SUBSCRIPTIONS

4.1      Upon the Effective Date:

         (i)      Infinicom undertakes to apply to Scoop for the allotment to it
                  by Scoop of 965,132 shares of common stock, par value US$0.001
                  per share of Scoop,  credited as fully paid, at a subscription
                  price of  US$1.938  per such  share in Scoop,  which  shall be
                  allotted  upon the  terms  set out in the  Scoop  Subscription
                  Agreement  marked  Annex 3,  which  has been  executed  by the
                  parties  thereto  (but not dated) and which shall be dated the
                  Effective Date; and

         (ii)     Scoop undertakes to allot to Infinicom all the shares in Scoop
                  referred to in Clause  4.1(i) above upon receipt of the sum of
                  US$1,870,426  in cash in the Dollar Client Deposit  Account of
                  White & Case at National  Westminster Bank plc, City of London
                  Office, 1 Princes Street, London EC2R 8PA, Sort Code 60-00-01,
                  Account number 140-1-04038851.

4.2      Upon the Effective Date:

         (i)      Scoop  undertakes  to apply to the Purchaser for the allotment
                  to it by the  Purchaser  of  4,308,580  ordinary  shares of 10
                  pence each in the capital of the Purchaser,  credited as fully
                  paid,  at a  subscription  price of 25 pence per such share in
                  the Purchaser; and

         (ii)     the  Purchaser  undertakes to allot to Scoop all the shares in
                  the Purchaser  referred to in Clause 4.2(i) above upon receipt
                  of the  sum of  US$1,695,426  (sterling  equivalent  1,077,145
                  Pounds  Sterling) in cash in the Dollar Client Deposit Account
                  of  White  & Case  at  National  Westminster  Bank  plc at the
                  address stated above,  Sort Code:  60-00-01,  Account  number:
                  140-1-04038851  who will hold such  monies to the order of the
                  Purchaser.

4.3      Upon the  Effective  Date,  the  Purchaser  undertakes  to apply to its
         wholly owned subsidiary 24 IT AS, a company incorporated under the laws
         of Norway ("24 IT"), for the allotment to it by 24 IT of 4,500 ordinary
         shares of 100 NOK each in the capital of 24 IT, credited as fully paid,
         at a  subscription  price  of 250 NOK per  such  share in 24 IT and the
         Purchaser  further  undertakes  on the  Effective  Date  or as  soon as
         required thereafter to make payment to 24 IT in cash, as above, for the
         allotment to it of such shares on the Effective  Date,  upon completion
         of such allotment.

5.       LIABILITY

         Where in this Deed any  liability is  undertaken by two or more persons
         together, the liability of each of them will be joint and several.

6.       PROVISIONS RELATING TO THIS DEED

         In relation to its  subject-matter,  this Deed together with the agreed
         drafts represents the entire understanding, and supersedes any previous
         agreement, between the parties.

7.       COSTS

         The Purchaser shall bear the reasonable  professional  expenses of each
         of the Vendors incurred in agreeing and documenting this Deed.

8.       MISCELLANEOUS

8.1      The  provisions  of Clauses 12 (Notices) and 13  (Counterparts)  of the
         1999 SPA shall apply to this Deed as if set out herein in full, mutatis
         mutandis,  except  that  any  reference  in any such  clauses  to "this
         Agreement" shall be deemed instead to be a reference to "this Deed".

8.2      In addition,  the provisions for notices in relation to Scoop shall be
         as follows:

         Scoop, Inc.
         c/o Cyberia House,
         Church Street,
         Basingstoke,
         Hampshire RG21 7QN

         FAO:     Chairman of the Board of Directors

         Tel:   +44 (0) 1256 867 800
         Fax:   +44 (0) 1256 867 734

         and the  provisions  for notices in relation to Infinicom  shall be as
         follows:

         InfiniCom AB
         Gustavslundsvagen 151E,
         S-167 51,
         Bromma,
         Sweden

         FAO:     Chairman of the Board of Directors

         Tel:   + 46 (0)8 634 1570
         Fax:   + 46 (0)8 634 1583

8.3      The terms of this Deed shall  insofar as not performed on the Effective
         Date and  subject  as  specifically  otherwise  provided  in this  Deed
         continue  in force  after and  notwithstanding  the  occurrence  of the
         Effective Date.

8.4      If at any time any one or more of the  provisions  hereof is or becomes
         invalid,  illegal or  unenforceable  in any respect  under any law, the
         validity,  legality  and  enforceability  of the  remaining  provisions
         hereof shall not be in any way affected or impaired thereby.

9.       EXECUTION AS A DEED

         Each of the parties to this Deed  intends it to be a deed and  confirms
         that  it  is  executed  and   delivered   as  a  deed,   in  each  case
         notwithstanding  the fact that any one or more of the  parties may only
         execute this Deed under hand.

10.      FURTHER ASSURANCES

         Each party to this Deed agrees to execute all such documents and do all
         such other acts and things as may reasonably be considered necessary or
         desirable to give full effect to this Deed.

11.      GOVERNING LAW

         This  Agreement  shall be governed by and construed in accordance  with
         English  law.   The  parties   hereto   submit  to  the   non-exclusive
         jurisdiction of the English courts.

<PAGE>

     IN WITNESS of which the parties  have  executed  this Deed the day and year
     written above.

EXECUTED AND DELIVERED AS A DEED    )                /s/ Michael John Neame
by MICHAEL JOHN NEAME               )                ----------------------
in the presence of:                 )                Director

Witness signature:  /s/ Alexander G. Preshaw
                    ------------------------

Address:     Wolverton Court
             Basingstoke
             Hampshire

Occupation:  Solicitor

EXECUTED AND DELIVERED AS A DEED    )                /s/ Martin Clarke
by MARTIN CLARKE                    )                -----------------
in the presence of:                 )

Witness signature:  /s/ Alexander G. Preshaw
                    ------------------------

Address:     Wolverton Court
             Basingstoke
             Hampshire

Occupation:  Solicitor

<PAGE>

EXECUTED AND DELIVERED AS A DEED    )                /s/ Larsake Sandin
for and on behalf of INFINICOM AB   )                ----------------------
in the presence of:                 )                Director

Witness signature:  /s/ Angela Yvonne Turner
                    ------------------------

Address:    Nerja Villas
            C. Comercial Local 3A "El Capistrano Villaje"
            29780 Nerja (Malaga)
            Spain

Occupation: Company Director

EXECUTED AND DELIVERED AS A DEED            )
for and on behalf of 24STORE.com LIMITED    )
in the presence of:                         )        /s/ Larsake Sandin
                                                     ------------------
                                                     Director

Witness signature:  /s/ Angela Yvonne Turner
                    ------------------------

Address:     Nerja Villas
             C. Comercial Local 3A "El Capistrano Villaje"
             29780 Nerja (Malaga)
             Spain

Occupation:  Company Director

                                                     /s/ Michael John Neame
                                                     ----------------------
                                                     Director

Witness signature:  /s/ R Woodward
                    --------------

Address:    Zennor,
            Cherry Tree Walk,
            Rowledge,
            Surrey

Occupation: Finance Director

<PAGE>

EXECUTED AND DELIVERED AS A DEED    )
for and on behalf of SCOOP, INC.    )
in the presence of:                 )                /s/ Larsake Sandin
                                                     ------------------
                                                     Director

Witness signature:  /s/ Angela Yvonne Turner
                    ------------------------

Address:    Nerja Villas
            C. Comercial Local 3A "El Capistrano Villaje"
            29780 Nerja (Malaga)
            Spain

Occupation: Company Director

<PAGE>

          Exhibit A to the Deed of Subscription, Amendment and Release

                             Amendments to 1999 SPA

Clause 5.1 (Purchaser's Obligations) shall be amended to read as follows:

"5.      PURCHASER'S OBLIGATIONS

5.1      Forthwith upon  execution of this  Agreement the Purchaser  shall apply
         for the issue of the total 475,000  Consideration Shares referred to in
         Clause  3.1(c) to the Vendors on  Completion  and, in exchange  for the
         documents  listed in  Clause  4, the  Purchaser  shall  deliver  to the
         Vendors:

         (a)      evidence,    satisfactory    to   the   Vendors,    that   the
                  above-mentioned  475,000 in aggregate Infinicom B Shares, have
                  been issued to them by Infinicom fully paid and are being held
                  by Fischer Partners Fondkommission AB to their order (it being
                  acknowledged by the parties hereto that the 225,000  Infinicom
                  B Shares  referred to in Clause  3.1(b) have  previously  been
                  allotted and issued in satisfaction of Clause 3.1(b)).

         (b)      secured convertible loan notes in the sum of L1,750,000
                  in the agreed form;

         (c)      a legal charge in the agreed form duly executed by it."

<PAGE>
          Exhibit C to the Deed of Subscription, Amendment and Release

                                Debt Obligations

All amounts owing (by way of principal, interest and otherwise) under:

1.   Loan Note issued by the Purchaser in favour of Infinicom dated 9 April 1999
     in the principal amount of US$2,368,000.

2.   Loan Note issued by the Purchaser in favour of Infinicom dated 9 April 1999
     in the principal amount of US$1,581,000.

3.   Loan Note issued by the  Purchaser in favour of Infinicom  dated 6 May 1999
     in the principal amount of SEK 16,300,000 (equivalent to US$1,870,425).

4.   Intercompany transactions, not documented by a Loan Note

<TABLE>
     <S>                                                 <C>              <C>            <C>

     funds from E. Bakke                                 -$25,000.00
     funds from Zygo Corp                                -$10,000.00
     funds from Ronald  Rotter                           -$25,000.00
     funds from Robert Antin                            -$100,000.00
     funds from James Folin                              -$49,975.00
     payment of $1998.45 to InfiniCom AB                   $1,998.45
     payment of 32178.21 Pounds Sterling to
       InfiniCom AB                                       $32,178.21
     payment of 4805.23SEK/599.15 USD to
     CIS Credit Insurance Services                           $599.15
     payment of 4609.13 SEK/574.70 USD to Tele2              $574.70
     payment of 154412.00SEK/19253.36 USD to
     Krono                                                $19,253.36
     payment of 190000.00SEK/23690.77 USD to
     Michelson and Werner                                 $23,690.77                      (equivalent to
     creditor per 24STORE.com Limited                    $131,680.36       $131,680        83,835 Pounds Sterling)
</TABLE>

5.    Interest due on Loan Notes

<TABLE>

     <S>                                              <C>                  <C>             <C>
      $2,368,000 Loan Note of 9th April 1999          US$ 164,592
      $1,581,000 Loan Note of 9th April 1999          US$ 109,890                         (equivalent to
      16,300,000 SEK Loan Note of 6th May 1999        SEK 987,825          $387,835         246,919 Pounds Sterling)

      TOTAL AMOUNTS PAYABLE TO INFINICOM AB,                                              (equivalent to
      BY 24STORE.COM LTD 15TH MARCH 2000                                 $6,338,941         4,035,743 Pounds Sterling)
                                                                         ==========     ===============
</TABLE>DATED 31 MARCH 2000

                                 (1) SCOOP, INC.

                                     - and -

                                (2) INFINICOM AB

                             SUBSCRIPTION AGREEMENT

                                  White & Case
                                  7-11 Moorgate
                                     London
                                    EC2R 6HH
                               Tel: 020 7726 6361
                               Fax: 020 7726 4314
                                    Ref: GJH

<PAGE>

                             SUBSCRIPTION AGREEMENT

          This SUBSCRIPTION  AGREEMENT (this  "Agreement") is entered into as of
this 31st day of March, 2000 by and between SCOOP, INC., a corporation organized
and  existing  under  the laws of the State of  Delaware  (the  "Company"),  and
INFINICOM AB (publ),  a holding  company formed under the laws of the Kingdom of
Sweden ("Subscriber").

                                    RECITALS:

          WHEREAS,  the Company and the  Subscriber  are parties to that certain
Deed of Subscription,  Amendment and Release dated 31 March 2000 (the "Deed") by
and among Michael John Neame, Martin Clarke,  24STORE.com  Limited,  the Company
and the Subscriber;

          WHEREAS,  in accordance  with the Deed, the Company desires to sell to
Subscriber and  Subscriber  desires to purchase from the Company an aggregate of
8,784,349  shares of  common  stock,  par  value  $0.001,  of the  Company  (the
"Subscribed Stock") pursuant to the terms of this Agreement;

          NOW, THEREFORE,  in consideration of the mutual covenants and promises
contained here, and for valuable  consideration,  the receipt and sufficiency of
which are  hereby  mutually  acknowledged  and  confessed,  the  parties to this
Agreement (hereinafter collectively "parties" and individually "party") agree as
follows:

                                   AGREEMENT:

1. OFFER AND SUBSCRIPTION.

          (a) Offer.  This Agreement  constitutes  an  irrevocable  offer by the
Company to sell the Subscribed  Stock to Subscriber  upon the terms set forth in
this Agreement.

          (b)  Subscription.   Subject  to  the  terms  and  conditions  hereof,
Subscriber hereby  irrevocably  subscribes and offers to purchase the Subscribed
Stock  for a  total  consideration  consisting  of (i)  cash  in the  amount  of
US$1,870,426  (the "Cash  Consideration")  and (ii) the full release of the Debt
Obligations (as defined in the Deed).

2. CLOSING.

          (a) Closing Date. The closing for the purchase of the Subscribed Stock
in accordance  with the terms and conditions of this  Agreement (the  "Closing")
shall take place on such date as the parties shall mutually agree.

          (b) Payment and Delivery.  At the Closing, the Company shall issue and
deliver or cause to be delivered to  Subscriber a certificate  representing  the
Subscribed Stock, registered in the name of Subscriber, against payment therefor
by (i)  delivery  to the  Company  of a bank  check  or wire  transfer  or other
acceptable  transfer  method in the  amount of the Cash  Consideration  and (ii)
release of the Debt Obligations in accordance with the Deed.

3. REPRESENTATIONS AND WARRANTIES.

          Subscriber hereby  represents,  warrants and covenants to the Company,
as follows:

          (a) Residence.  Subscriber's  permanent  legal  executive  offices and
principal  place of business is in the Kingdom of Sweden at both the time of the
"offer" and the "sale" of the Subscribed Stock to Subscriber.

          (b)  Opportunity to Ask Questions and to Review  Documents,  Books and
Records.  During the course of the  transaction  contemplated by this Agreement,
and before purchasing the Subscribed Stock,  Subscriber has had the opportunity,
to the extent Subscriber has determined to be necessary, to (i) be provided with
financial and other written information about the Company, (ii) to ask questions
and receive answers  concerning the terms and conditions of this  Agreement,  an
investment  in the  Subscribed  Stock,  and the  business of the Company and its
finances,  (iii) to review all documents,  books and records of the Company, and
(iv)  that  Subscriber  has,  to  the  extent  it has  availed  itself  of  this
opportunity, received satisfactory information and answers.

          (c) Accredited  Investor.  Subscriber is an  "accredited  investor" as
that  term  is  defined  in Rule  501 of  Regulation  D  promulgated  under  the
Securities  Act because  Subscriber is a  corporation,  partnership  (general or
limited),  limited liability  company/partnership,  or (Massachusetts)  business
trust which was not formed for the specific  purpose of acquiring the Subscribed
Stock and Subscriber has total assets in excess of $5,000,000.

          (d) Knowledge and Experience. Subscriber represents that, by reason of
Subscriber's  knowledge and  experience in business or financial  matters,  that
Subscriber is capable of evaluating the merits and risks of an investment in the
Company.

          (e)   Sophistication.   Subscriber   represents   that  by  reason  of
Subscriber's  business or financial  experience,  Subscriber  can be  reasonably
assumed to have the capacity to protect  Subscriber's own interest in connection
with the transaction contemplated by this Agreement.

          (f) Independent Review of Investment Merits.  During the course of the
transaction contemplated by this Agreement, and before purchasing the Subscribed
Stock, Subscriber has had the opportunity to obtain an independent review of the
investment merits of a proposed  subscription in the Subscribed Stock including,
without limitation,  the terms and conditions of this Agreement,  by investments
professionals  including,  without limitation,  investment,  tax, accounting and
legal advisors, and that Subscriber has, to the extent it has availed himself of
this  opportunity,  received  satisfactory  information  and  answers  from such
advisors.

          (g) Investment Risks. Subscriber has been informed and understands and
agrees as follows:  (i) an investment in the  Subscribed  Stock is a speculative
investment with a high degree of risk of loss and Subscriber must, therefore, be
able to presently  afford a complete loss of this  investment;  (ii)  Subscriber
must be able to hold the  Subscribed  Stock  indefinitely  due to,  among  other
factors, substantial restrictions on the transferability of the Subscribed Stock
and there being no public market for resale of the  Subscribed  Stock;  (iii) it
may not be possible to liquidate the  Subscribed  Stock in the case of emergency
and/or  other  need and  Subscriber  must,  therefore,  have  adequate  means of
providing for Subscriber's  current and future needs and personal  contingencies
and have no need for  liquidity  in this  investment;  and (iv)  Subscriber  has
evaluated   Subscriber's  financial  resources  and  investment  and  investment
position in view of the foregoing, and is able to bear the economic risk of this
investment.

          (h) No Advertising.  To the best of Subscriber's  knowledge and belief
the  offer  and  sale  of the  Subscribed  Stock  was  not  accomplished  by the
publication  of  any  advertisement,  article,  notice  or  other  communication
published  in any  newspaper,  magazine,  or  similar  media or  broadcast  over
television  or  radio;  nor was the  offer  and  sale  of the  Subscribed  Stock
accomplished  through any similar or meeting to which  Subscriber was invited by
any such publication or advertisement.

          (i) Securities  Purchased for Subscriber's Own Account. The Subscribed
Stock is being purchased by Subscriber as principal and not by any other person,
with Subscriber's own funds and not with the funds of any other person,  and for
the account of Subscriber  and not as a nominee or agent and not for the account
of  any  other  person.  Subscriber  is  purchasing  the  Subscribed  Stock  for
investment  for  an  indefinite  period  and  not  with a view  to the  sale  or
distribution  of any part or all  thereof  by  public or  private  sale or other
disposition. No person other than Subscriber will have any interest,  beneficial
or  otherwise,  in the  Subscribed  Stock,  and  Subscriber  is not obligated to
transfer the Subscribed  Stock to any other person nor does  Subscriber have any
agreement or understanding to do so. Subscriber  understands that the Company is
relying in material part upon Subscriber's  representations  as set forth herein
for purposes of claiming the Applicable Securities Exemptions and that the basis
for  such  exemptions  may not be  presented  if,  notwithstanding  Subscriber's
representations,  Subscriber  intends merely to acquire the Subscribed Stock for
resale  on  the  occurrence  or  nonoccurrence  of  some  predetermined   event.
Subscriber has no such intention.

          (j)  Authority  of  Signatories.  The persons who have  executed  this
Agreement on behalf of  Subscriber  have the full power and authority to execute
this  Agreement  on behalf of  Subscriber  and to make the  representations  and
warranties  made  herein on  Subscriber's  behalf and this  investment  has been
affirmatively  authorized by the governing board or principals of Subscriber and
is not prohibited by the governing documents of Subscriber or by law.

          (k) Material  Changes in  Representations.  Subscriber will notify the
Company  immediately  of any  material  change(s) in any  statement  made herein
occurring prior to the closing of the purchase by it of the Subscribed Stock.

4. MISCELLANEOUS.

          (a) Survival of  Representations.  All  representations and warranties
made by any  party in  connection  with  any  transaction  contemplated  by this
Agreement shall,  irrespective of any investigation  made by or on behalf of any
party  hereto,  survive  the  execution  and  delivery  of this  Agreement,  the
performance or consummation of any transaction described in this Agreement,  and
the  termination  of this  Agreement for a period of six months from the date of
this Agreement.

          (b) Governing  Law. THIS AGREEMENT AND THE RIGHTS AND REMEDIES OF EACH
PARTY  ARISING  OUT  OF  OR  RELATING  TO  THIS  AGREEMENT  (INCLUDING,  WITHOUT
LIMITATION,  EQUITABLE REMEDIES) SHALL BE SOLELY GOVERNED BY, INTERPRETED UNDER,
AND CONSTRUED AND ENFORCED IN  ACCORDANCE  WITH THE LAWS (WITHOUT  REGARD TO THE
CONFLICT  OF LAW  PRINCIPLES  THEREOF)  OF THE STATE OF  CALIFORNIA,  AS IF THIS
AGREEMENT  WERE MADE,  AND AS IF ITS  OBLIGATIONS  ARE TO BE  PERFORMED,  WHOLLY
WITHIN THE STATE OF CALIFORNIA.

          (c) Assignment and Delegation; Successors and Assigns.

              (i)  Prohibition  Against  Assignment  or  Delegation.  Except  as
     specifically provided in this Agreement, neither the Company nor Subscriber
     may sell,  license,  transfer or assign (by  operation of law or otherwise)
     any such  party's  rights or Interest in this  Agreement  or delegate  such
     party's duties or obligations  under this  Agreement,  in whole or in part,
     without the prior written consent of the other party,  which consent may be
     withheld in such other party's sole discretion. Any purported assignment or
     transfer  in  violation  of the terms of this  clause (i) shall be null and
     void ab initio  and of no force  and  effect,  and shall  vest no rights or
     interest in the purported assignee.

              (ii) Successors and Assigns.  Subject to the foregoing, all of the
     representations,  warranties,  covenants, conditions and provisions of this
     Agreement  shall be  binding  upon and shall  inure to the  benefit of each
     party  and  such  party's  respective   successors  and  permitted  assigns
     (including, without limitation, spouses, heirs, executors,  administrators,
     and personal and legal representatives.

          (d) Counterparts. This Agreement may be executed in counterparts, each
of which shall be deemed an original, and all of which together shall constitute
one and the same  instrument,  binding on all parties  hereto.  Any signature of
this  Agreement  may be detached  from any  counterpart  of this  Agreement  and
reattached to any other  counterpart of this Agreement  identical in form hereto
by having attached to it one or more additional pages.

<PAGE>

          IN WITNESS WHEREOF,  the parties have caused this Agreement to be duly
executed in their respective corporate names by their respective officers,  each
of whom is duly and validly authorized and empowered, all as of the day and year
first above written.

INFINICOM AB (publ)

By: /s/ Larsake Sandin
   -------------------
   Title: Director

SCOOP, INC.

By: /s/ Larsake Sandin
   -------------------
   Title: Director

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