CreditRiskMonitor 9 Month Operating Results for 2012

VALLEY COTTAGE, NY -- (Marketwire) -- 11/08/12 -- CreditRiskMonitor (OTCQX: CRMZ) reported that revenues were $2.82 million and $8.21 million for the 3 and 9 months ended September 30, 2012, respectively, an increase of 9% over the comparable periods last year. For the same periods, income from operations was $442,000 and $724,000, respectively, compared to $249,000 and $736,000 for the comparable 2011 periods. Cash, cash equivalents and marketable securities at the end of the nine-month period increased $1.16 million to $9.44 million from the 2011 year-end balance of $8.28 million.

Jerry Flum, CEO, said, "We're still growing sales in spite of the current difficult economic environment. Our short-term results continue to be negatively impacted by our continued investment in infrastructure and new data content, as well as the addition of new employees to improve our service. Although this strategy impacts profitability in the short-term, we believe our long-term prospects are enhanced. Our balance sheet is strong, allowing us the flexibility to manage our company toward longer-term goals which create greater shareholder value."


                         CREDITRISKMONITOR.COM, INC.
                          STATEMENTS OF OPERATIONS
          FOR THE 3 AND 9 MONTHS ENDED SEPTEMBER 30, 2012 AND 2011
                                 (Unaudited)

                              3 Months Ended            9 Months Ended
                               September 30,             September 30,
                         ------------------------  ------------------------
                             2012         2011         2012         2011
                         -----------  -----------  -----------  -----------

Operating revenues       $ 2,822,056  $ 2,580,339  $ 8,207,538  $ 7,559,650
                         -----------  -----------  -----------  -----------

Operating expenses:
  Data and product costs     914,186      716,226    2,777,343    2,196,463
  Selling, general and
   administrative
   expenses                1,427,830    1,572,311    4,591,402    4,502,063
  Depreciation and
   amortization               37,880       42,753      114,436      125,482
                         -----------  -----------  -----------  -----------

    Total operating
     expenses              2,379,896    2,331,290    7,483,181    6,824,008
                         -----------  -----------  -----------  -----------

Income from operations       442,160      249,049      724,357      735,642
Other income, net             13,851       52,096       26,468       87,015
                         -----------  -----------  -----------  -----------

Income before income
 taxes                       456,011      301,145      750,825      822,657
Provision for income
 taxes                      (182,473)     (72,260)    (312,352)    (254,711)
                         -----------  -----------  -----------  -----------

Net income               $   273,538  $   228,885  $   438,473  $   567,946
                         ===========  ===========  ===========  ===========

Net income per share:
  Basic                  $      0.03  $      0.03  $      0.06  $      0.07
  Diluted                $      0.03  $      0.03  $      0.05  $      0.07


                         CREDITRISKMONITOR.COM, INC.
                               BALANCE SHEETS
                  SEPTEMBER 30, 2012 AND DECEMBER 31, 2011

                                                   Sept. 30,     Dec. 31,
                                                     2012          2011
                                                 ------------  ------------
                                                  (Unaudited)

ASSETS
Current assets:
  Cash and cash equivalents                      $  7,689,332  $  6,531,204
  Marketable securities                             1,754,534     1,753,072
  Accounts receivable, net of allowance             1,244,477     1,551,213
  Other current assets                                264,705       451,143
                                                 ------------  ------------

    Total current assets                           10,953,048    10,286,632

Property and equipment, net                           281,599       306,810
Goodwill                                            1,954,460     1,954,460
Prepaid and other assets                               51,892        23,232
                                                 ------------  ------------

    Total assets                                 $ 13,240,999  $ 12,571,134
                                                 ============  ============

LIABILITIES AND STOCKHOLDERS' EQUITY
  Current liabilities:
  Deferred revenue                               $  6,620,644  $  6,471,494
  Accounts payable                                     86,022        60,941
  Accrued expenses                                    735,901     1,087,163
  Accrued income taxes                                430,676       157,385
                                                 ------------  ------------

    Total current liabilities                       7,873,243     7,776,983

Other liabilities                                       5,108         3,714
                                                 ------------  ------------

Total liabilities                                   7,878,351     7,780,697
                                                 ------------  ------------

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
   7,943,462 and 7,920,462 shares, respectively        79,434        79,204
  Additional paid-in capital                       28,731,187    28,597,679
  Accumulated deficit                             (23,447,973)  (23,886,446)
                                                 ------------  ------------

    Total stockholders' equity                      5,362,648     4,790,437
                                                 ------------  ------------

    Total liabilities and stockholders' equity   $ 13,240,999  $ 12,571,134
                                                 ============  ============

Overview

CreditRiskMonitor (http://www.crmz.com) is an Internet-based publisher of financial risk analysis and news, designed to save time for busy corporate credit and procurement/supply-chain professionals and competes with Dun & Bradstreet. The service offers comprehensive commercial credit reports covering over 40,000 public companies worldwide. Over 30% of the Fortune 1,000 already use CreditRiskMonitor's timely news alerts and reports that feature detailed analyses of financial statements, ratio analysis and trend reports, peer analyses, as well as the Company's proprietary FRISKĀ® scores.

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. We disclaim any intention or obligation to revise any forward-looking statements, whether as a result of new information, a future event, or otherwise.

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

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