NEWS RELEASE

CONTACT:

CreditRiskMonitor.com, Inc.
Jerry Flum, Chairman & CEO
(516) 620-5400, ext. 321
jerryf@creditriskmonitor.com

FOR IMMEDIATE RELEASE

CreditRiskMonitor.com's Revenues Up 68% for Fiscal 2000

FLORAL PARK, NY—March 12, 2001--CreditRiskMonitor.com, Inc. (Symbol: CRMZ) announced that operating revenues for the 12 months ended December 31, 2000 were $2.12 million, an increase of 68% over 1999's 12 month operating revenues of $1.26 million.

CRM’s cash position at year end was $1.22 million compared to $1.42 million for the prior year. Only $87,000 of this decrease was from operations; the balance represents either non-recurring or capital expenditures.

"Our business continues to meld excellent growth coupled with a positive cash flow goal," said Jerry Flum, chairman and chief executive officer.

Flum also noted that “our cash and accounts receivable will be higher at the end of 2001’s first quarter than at December 31, 2000, so we are clearly tracking our goal of excellent growth that is self-financed. We believe that business credit risk analysis is a counter-cyclical business that will be an important factor as the economy slows or even contracts.”

CreditRiskMonitor.com is an Internet-based financial information analysis and news service designed for corporate credit professionals, and its web site is www.creditriskmonitor.com.

Safe Harbor Statement: Certain statements in this press release, including statements prefaced by the words "anticipates", "estimates", “believes", "expects" or words of similar meaning, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, expectations or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, among others, those risks, uncertainties and factors referenced from time to time as "risk factors" or otherwise in the Company's Registration Statements or Securities and Exchange Commission Reports.

CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
  2000 1999
Operating revenues  $        2,118,724 $      1,259,019
Operating expenses:
Data and product costs 769,362 686,517
Selling, general and administrative expenses1,917,162 1,504,829
Depreciation and amortization        214,035         167,250
Total operating expenses         2,900,559        2,358,596
Loss from operations(781,835)(1,099,577)
Other income 73,526 66,244
Interest expense(96,895)(82,153)
Write-off of intangible assets -   (134,076)
Loss on sales of fixed assets        -  (3,191)
Loss before income taxes(805,204)(1,252,753)
Provision (benefit) for state and localincome taxes        4,131 (55)
Net loss$      (809,335)$ (1,252,698)
Net loss per share
Basic and diluted 
$        (0.15)$ (0.23)
CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2000 AND 1999
 20001999
ASSETS
Current assets:
   Cash and cash equivalents         $      1,215,197$      1,421,885
   Accounts receivable, net of allowance of $32,500 662,304575,048
   Other current assets         28,358 15,798
         Total current assets1,905,859 2,012,731
Property and equipment, net of accumulated depreciation293,357316,999
Goodwill, net of accumulated amortization2,068,8682,183,275
Prepaid and other assets        73,638         21,075
         Total assets$        4,341,722  $      4,534,080
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
   Deferred revenue $        1,660,431$      1,263,145
   Accounts payable and accrued expenses 131,346 120,754
   Current portion of long-term debt and capitalized
      lease obligation        279,5964,070
         Total current liabilities        2,071,373 1,387,969
Long-term debt, net of current portion:
    Secured promissory note, net of unamortized discount
        of $82,762 and $167,643, respectively 
693,758 832,357
    Promissory note         64,606 106,087
    Capitalized lease obligation        18,468        19,990
                       776,832 958,434
Deferred rent payable5,850467
Deferred compensation         186,667        86,250
          Total liabilities        3,040,722         2,433,120
Stockholders’ equity:
      Preferred stock, $.01 par value.  Authorized
         5,000,000 and 3,900,000 shares, respectively;
         none issued and outstanding 
   -  
      Common stock, $.01 par value.  Authorized 25,000,000 
         shares; issued and outstanding 5,344,129 and 
         5,341,129 shares, respectively
53,44153,411
      Additional paid-in capital27,201,91227,192,567
      Accumulated deficit  (25,954,353) (25,145,018)
          Total stockholders’ equity        1,301,000         2,100,960
          Total liabilities and stockholders’ equity$      4,341,722$      4,534,080