CreditRiskMonitor Hires Al Carmenini.

VALLEY COTTAGE, N.Y. -- CreditRiskMonitor (OTCBB:CRMZ), announced today the appointment of Al Carmenini as Senior Vice President, Product Development. He will report to Jerry Flum, CEO. Al succeeds Tom Corbett, who resigned last week to pursue other long-standing interests. Mr. Flum said, "We are fortunate to have a business credit professional with Al's insight and experience joining our management team. He will be responsible for product development and consulting with customers. Al will take our service offering to the next level, and enable us to continue providing our customers with more value, exceeding their rising expectations."

Mr. Carmenini brings to the company over 20 years of experience in business credit. His background includes senior roles in financial operations at Revlon and Viacom/Simon & Schuster, as well as product development roles at Walker Interactive Systems, Al Carmenini & Associates, and Standard & Poor's. He has served as a Trustee of the Credit Research Foundation (CRF), where he was instrumental in creating its benchmarking database. He was a contributing author of "Re-engineering the Credit Function," published by the CRF, and has written articles published in Business Credit and Credit Today. Mr. Carmenini is a graduate of Fordham University.

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 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.

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