NEWS RELEASE

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

FOR IMMEDIATE RELEASE
 

CreditRiskMonitor and Quote To Cash Solutions Create Strategic Alliance

VALLEY COTTAGE, N.Y.--(BUSINESS WIRE)--Sept. 13, 2004--CreditRiskMonitor.com (Symbol: CRMZ), a leading competitor to Dun & Bradstreet (Symbol: DNB), Experian (Symbol: GUS.L) and Equifax (Symbol: EFX) for financial information to corporate credit/purchasing/sales professionals, announced today that it has entered into a strategic alliance with Quote To Cash Solutions, (Q2C) a premier independent consulting firm designed to help companies improve working capital management by focusing on all activities within the quote to cash cycle.

Under the terms of the alliance, CRM and Q2C will refer each other's services to their respective customers, thus enhancing the overall service each is able to provide. CRM and Q2C will collaborate to help companies effectively manage the "information overload" condition facing credit and finance executives today. In a world where information flows 24x7, best practice management in this area is critical.

Among its other activities, Q2C provides independent consulting to companies facing information management challenges pertaining to potential or existing customers. "Our clients need reliable and comprehensive resources for critical up-to-date financial results and complimentary information. Engaging in a strategic relationship with a high quality information resource, such as CRM, enhances the overall value proposition we offer our clients," said Robert Shultz a Q2C partner. "CRM can provide our clients with the most thorough and timely information available. This helps clients take advantage of market growth opportunities and effectively manage their credit exposure."

"Entering into this referral partner program with Q2C is an important milestone for CRM and our customer base," said Jerry Flum, Chairman & CEO. "As experts in the accounts receivable management process, with a proven record of delivering cash flow improvements internationally, Q2C consultants can enable CRM's existing customers to more effectively utilize our service, meet Sarbanes-Oxley requirements and to help educate their clients on the state-of-the-art solutions CRM offers.

About Quote To Cash Solutions

Since 2001, Q2C's founding partners and a growing national network of Associates, have been delivering quality solutions to improve client companies' cash flow, operational efficiency and customer retention and satisfaction. Each Q2C practitioner brings over 25 years of global financial and credit process management experience in a variety of industries. As "senior credit experts", Q2C tackles issues from the eyes of experienced practitioners. They review organizational alignments, processes, procedures, report requirements and deduction management practices. Q2C assists clients to objectively evaluate alternative, collection, cash application and deduction management systems, as well as related product and service solutions. Q2C also provides expert witness consulting in bankruptcy preference lawsuits and presents corporate training programs. For more information visit Q2C on the web at http://www.quotetocash.biz.

About CreditRiskMonitor

CreditRiskMonitor is a web-based service designed to meet the needs of corporate credit professionals. Their service provides the most complete and comprehensive commercial credit reports and analysis in real-time, along with live monitoring and alerting on more than 35,000 public companies worldwide. CreditRiskMonitor reports include detailed financial statements and analysis, company background information, Standard & Poor's ratings, and peer analysis. They also deliver trade payment data and public filing information on more than 6 million public and private companies. CreditRiskMonitor is committed to providing their customers with the most recent information and highest quality reports available through constant data base updates. See for yourself why over 20% of the Fortune 500 companies already rely on CreditRiskMonitor for their financial credit reporting needs and visit http://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.