NEWS RELEASE

CONTACT:

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

FOR IMMEDIATE RELEASE
 

CreditRiskMonitor Reports Strong Operating Earnings

VALLEY COTTAGE, NY-November 4, 2010-CreditRiskMonitor (OTCBB: CRMZ) reported that revenues were $2.39 million and $6.91 million for the 3 and 9 months ended September 30, 2010, respectively, an increase 16% and 21% over the comparable periods last year. For the same periods, income from operations of $551,000 and $1.22 million, respectively, was up from $405,000 and $417,000 for the comparable periods of 2009. Cash, cash equivalents and marketable securities at the end of the nine-month period increased $1.57 million to $6.25 million from the 2009 year-end balance of $4.68 million, even after the payment of a cash dividend of $395,000 in the third quarter of fiscal 2010.

Jerry Flum, CEO said, "Income from operations was at record levels for both of these reporting periods. Furthermore, our debt free balance sheet has never been as strong, as cash, cash equivalents and marketable securities as well as working capital are at the highest levels in the Company's history."

                         CREDITRISKMONITOR.COM, INC.
                          STATEMENTS OF OPERATIONS
          FOR THE 3 AND 9 MONTHS ENDED SEPTEMBER 30, 2010 AND 2009
 
                                     3 Months Ended       9 Months Ended
                                     September 30,         September 30,
                                    2010       2009        2010      2009
                                 ---------- ----------  --------- ----------
 
Operating revenues               $2,389,932 $2,052,310 $6,906,507 $5,717,872
 
Operating expenses:
 Data and product costs             580,184    519,005  1,751,224  1,584,503
 Selling, general and
  administrative expenses         1,223,686  1,101,815  3,844,920  3,641,310
 Depreciation and amortization       35,345     26,533     94,600     75,524
                                 ---------- ---------- ---------- ----------
 
  Total operating expenses        1,839,215  1,647,353  5,690,744  5,301,337
                                 ---------- ---------- ---------- ----------
 
Income from operations              550,717    404,957  1,215,763    416,535
Other income, net                    39,570      2,564     54,161     12,907
                                 ---------- ---------- ---------- ----------
 
Income before income taxes          590,287    407,521  1,269,924    429,442
Provision for income taxes          236,870      1,020    513,612      3,513
                                 ---------- ---------- ---------- ----------
 
Net income                       $  353,417 $  406,501 $  756,312 $  425,929
                                 ========== ========== ========== ==========
 
Net income per share:
 Basic                           $     0.04 $     0.05 $     0.10 $     0.05
                                 ========== ========== ========== ==========
 
 Diluted                         $     0.04 $     0.05 $     0.09 $     0.05
                                 ========== ========== ========== ==========
 
 
 
                         CREDITRISKMONITOR.COM, INC.
                               BALANCE SHEETS
                  SEPTEMBER 30, 2010 AND DECEMBER 31, 2009
 
                                                   Sept. 30,     Dec. 31,
                                                     2010          2009
                                                 ------------  ------------
                                                  (Unaudited)
 
ASSETS
Current assets:
  Cash and cash equivalents                      $  4,990,265  $  4,679,466
  Marketable securities                             1,259,890            --
  Accounts receivable, net of allowance             1,077,964     1,370,523
  Other current assets                                240,117       253,857
                                                 ------------  ------------
 
    Total current assets                            7,568,236     6,303,846
 
Property and equipment, net                           310,644       261,591
Goodwill                                            1,954,460     1,954,460
Deferred taxes on income                              406,041       913,503
Prepaid and other assets                               34,335        23,116
                                                 ------------  ------------
 
    Total assets                                 $ 10,273,716  $  9,456,516
                                                 ============  ============
 
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Deferred revenue                               $  5,759,656  $  5,321,116
  Accounts payable                                     73,670        42,614
  Accrued expenses                                    596,248       698,832
                                                 ------------  ------------
 
    Total current liabilities                       6,429,574     6,062,562
 
Other liabilities                                         459            --
                                                 ------------  ------------
 
Total liabilities                                   6,430,033     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                       28,420,991    28,333,094
  Accumulated deficit                             (24,656,302)  (25,017,634)
                                                 ------------  ------------
 
    Total stockholders' equity                      3,843,683     3,393,954
                                                 ------------  ------------
 
    Total liabilities and stockholders' equity   $ 10,273,716  $  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.