NEWS RELEASE

CONTACT:

CreditRiskMonitor.com, Inc.
Jerry Flum, CEO
(845) 230-3030
ir@crmz.com
 

FOR IMMEDIATE RELEASE
 

CreditRiskMonitor's Revenue Grows 27% for First Quarter of 2010

VALLEY COTTAGE, NY-May 14, 2010-CreditRiskMonitor (OTCBB: CRMZ) reported that revenues increased 27% to $2.21 million and operating income grew faster for the 3 months ended March 31, 2010. Cash and cash equivalents at the end of the first quarter totaled $5.11 million, up from $4.68 million at 2009 year-end.

Jerry Flum, CEO said, "The first quarter of 2010 produced record 1st quarter revenues and operating income. Further, our cash balance at March 31st was the highest in our history even after the payment last December of our first-ever dividend. We are achieving these results with no debt."

                       CREDITRISKMONITOR.COM, INC.
                        STATEMENTS OF OPERATIONS
              FOR THE 3 MONTHS ENDED MARCH 31, 2010 AND 2009
                               (Unaudited)

                                                  2010            2009
                                             -------------   -------------

Operating revenues                           $   2,211,702   $   1,743,125

Operating expenses:
    Data and product costs                         597,767         500,442
    Selling, general and administrative
     expenses                                    1,274,148       1,234,890
    Depreciation and amortization                   27,707          23,654
                                             -------------   -------------

        Total operating expenses                 1,899,622       1,758,986
                                             -------------   -------------

Income (loss) from operations                      312,080         (15,861)
Other income                                           727          22,548
                                             -------------   -------------

Income before income taxes                         312,807           6,687
Provision for income taxes                         129,331           1,463
                                             -------------   -------------

Net income                                   $     183,476   $       5,224
                                             =============   =============

Net income per common share of stock:

    Basic                                    $        0.02   $        0.00
                                             =============   =============
    Diluted                                  $        0.02   $        0.00
                                             =============   =============

Weighted average number of common shares
 outstanding:

    Basic                                        7,889,785       7,849,462
    Diluted                                      8,298,814       7,923,630



                        CREDITRISKMONITOR.COM, INC.
                              BALANCE SHEETS
                   MARCH 31, 2010 AND DECEMBER 31, 2009


                                                March 31,       Dec. 31,
                                                  2010            2009
                                             -------------   -------------
                                              (Unaudited)

ASSETS
Current assets:
    Cash and cash equivalents                $   5,108,948   $   4,679,466
    Accounts receivable, net of allowance        1,454,191       1,370,523
    Other current assets                           220,111         253,857
                                             -------------   -------------

        Total current assets                     6,783,250       6,303,846

Property and equipment, net                        261,935         261,591
Goodwill                                         1,954,460       1,954,460
Deferred taxes on income                           788,381         913,503
Prepaid and other assets                            47,086          23,116
                                             -------------   -------------

        Total assets                         $   9,835,112   $   9,456,516
                                             =============   =============


LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
    Deferred revenue                         $   5,705,359   $   5,321,116
    Accounts payable                                46,850          42,614
    Accrued expenses                               442,589         698,832
                                             -------------   -------------

        Total current liabilities                6,194,798       6,062,562
                                             -------------   -------------

Stockholders' equity:
    Preferred stock, $.01 par value;
     authorized 5,000,000 shares; none issued           --              --
    Common stock, $.01 par value; authorized
     25,000,000 shares; issued and outstanding
     7,899,462 and 7,849,462 shares,
     respectively                                   78,994          78,494
    Additional paid-in capital                  28,395,478      28,333,094
    Accumulated deficit                        (24,834,158)    (25,017,634)
                                             -------------   -------------

        Total stockholders' equity               3,640,314       3,393,954
                                             -------------   -------------

        Total liabilities and stockholders'
         equity                              $   9,835,112   $   9,456,516
                                             =============   =============

CreditRiskMonitor (http://www.crmz.com) is an Internet-based publisher of financial information, designed to save time for busy corporate credit professionals that competes with Dun & Bradstreet, Equifax and Experian.

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.