NEWS RELEASE

CONTACT:

CreditRiskMonitor.com, Inc.
Jerry Flum, CEO
(845) 230-3030
info@creditriskmonitor.com
 

FOR IMMEDIATE RELEASE
 

CreditRiskMonitor Reports 3rd Quarter Results

VALLEY COTTAGE, NY-November 14, 2005-CreditRiskMonitor (OTCBB: CRMZ) issued its results for the quarter and nine months ended September 30, 2005 earlier today.

Jerry Flum, CEO said, "The revenues of our core business - our on-line subscription service - continue to grow at a double digit pace for both the third quarter and year-to-date period. Our revenue increase was offset by higher sales compensation and marketing expenses. We made a decision to invest in a marketing campaign - the first in the company's history - which has negatively impacted our current operating results due to the upfront start-up costs incurred. We believe that this campaign will positively impact our results in 2006 and beyond. Further, our year-to-date cash flow remains positive on a pro-forma basis, omitting the legal expenses of the recently concluded litigation and settlement proceeds received."

The following presents the operating results for the three and nine months ended September 30, 2005 and 2004, respectively:

              CREDITRISKMONITOR.COM, INC. AND SUBSIDIARY
                 CONSOLIDATED STATEMENTS OF OPERATIONS
       FOR THE 3 AND 9 MONTHS ENDED SEPTEMBER 30, 2005 AND 2004

                             3 Months Ended           9 Months Ended
                              September 30,            September 30,
                              -------------            -------------
                             2005       2004        2005         2004
                             ----       ----        ----         ----
Operating revenues     $  985,106   $ 851,231 $2,830,106   $2,484,855

Operating expenses:
 Data and product costs   300,542     282,366    817,158      801,120
 Selling, general and
  administrative expenses 669,354     501,274  1,932,880    1,486,271
 Litigation related
  legal fees and expenses   --         29,083    149,089      191,803
 Depreciation and
  amortization             16,725      15,499     49,458       47,759
                         ----------- --------- ----------- ----------
     Total operating
      expenses            986,621     828,222  2,948,585    2,526,953
                         ----------- --------- ----------- ----------

Income (loss) from
 operations                (1,515)     23,009   (118,479)     (42,098)
Other income                9,930       2,193     19,980        5,779
Gain on settlement of
 litigation                  --          --    1,100,000         --
Loss on retirement of
 fixed assets                --          (267)     --            (267)
Interest expense          (16,069)    (18,183)   (50,902)     (55,292)
                         ----------- --------- ----------- ----------
Income (loss) before
 income taxes              (7,654)      6,752    950,599      (91,878)
Provision (benefit)
 for income taxes             563        --        1,738          226
                         ----------- --------- ----------- ----------

Net income (loss)      $   (8,217)   $  6,752  $ 948,861  $   (92,104)
                         =========== ========= =========== ==========
Net income (loss) per share
     Basic and diluted $    (0.00)   $   0.00  $    0.12  $     (0.01)
                         =========== ========= =========== ==========

About CreditRiskMonitor

CreditRiskMonitor (www.crmz.com) is an Internet-based financial information service, designed to save time for busy corporate credit professionals. The service provides comprehensive commercial credit reports covering public companies world-wide and includes detailed financial statements, analysis and trend reports, credit scores, company background information, Standard & Poor's ratings, competitive analyses, public record filings, and proprietary trade payment data. The company also offers a continuous monitoring service that keeps customers up to date on events affecting the credit worthiness of companies, including financial statement updates, SEC filings, S&P rating changes, and credit-relevant news stories and press releases.

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.