CreditRiskMonitor and the Merrick School of Business Partner to Bring the Classroom into the Real World.

VALLEY COTTAGE, N.Y. -- CreditRiskMonitor (OTCBB: CRMZ) and the Merrick School of Business, University of Baltimore (http://business.ubalt.edu), announced today the successful conclusion of a pilot program, using CreditRiskMonitor's internet-based business reports in fall semester classes. In keeping with the Merrick School's tradition of collaboration with the business community, Steven Isberg, Associate Professor of Finance, used financial reports and analysis from CreditRiskMonitor as a key tool to facilitate and reinforce academic instruction. Dr. Isberg intends to expand the use of this service in both undergraduate and graduate classes. The on-line service is being made available to the University free of charge.

Dr. Isberg said, "Having online access to CreditRiskMonitor has helped my students speed up the process of gathering and doing detailed financial analysis on the wide variety of case applications covered in classes such as Advanced Financial Management and Corporate Restructuring. CreditRiskMonitor provided an accurate and up-to-date archive of current and previous news items that allowed students to complete `real time' case studies such as the Delta bankruptcy and proposed bids to buy the Albertson's grocery store chain. The combination of saving time and previewing the use of a quality online information service enhanced the students' learning experiences."

Al Carmenini, SVP of CreditRiskMonitor, said, "Having spent 20+ years as a credit professional, I fully appreciate the challenges we are all facing today to do more with less. Today's students should be prepared to contribute quickly, using the most efficient tools available, to compete in today's world. With this collaboration, I look forward to gaining insights from Dr. Isberg as he continues to expand the use of CreditRiskMonitor in all his academic endeavors. It will help us to take our service to the next level, so we can continue providing our customers with more value, exceeding their rising expectations."

About the Merrick School of Business, University of Baltimore

The University of Baltimore is a member of the University System of Maryland. It is a graduate and professional university including the School of Law, the Yale Gordon College of Liberal Arts and the Merrick School of Business. The mission of the Merrick School of Business is to prepare a diverse mix of students in collaboration with the business community to succeed in a dynamic global economy. The Merrick School of Business has a long tradition of offering high-quality academic programs to career-minded individuals. The school is accredited by The Association to Advance Collegiate Schools of Business, a distinction earned by only 25% of business schools in the U.S. The Merrick School achieves its mission by:

--Creating and delivering a leading edge curriculum with practical learning experiences in innovative and flexible ways;

--Maintaining intellectual currency through research and scholarship on business theory, practice and education; and

--Providing expertise to the private and public sectors as well as the academic community.

About Professor Isberg

Dr. Isberg is currently Associate Professor of Finance at the Merrick School of Business, University of Baltimore (Department of Economics, Finance, and Management Science), and Research Fellow at the Credit Research Foundation in Columbia, Maryland. Dr. Isberg's professional activities include teaching and research in the areas of corporate financial analysis, valuation, and business-to-business credit. He has published many articles in a variety of academic and practitioner journals, and has appeared as a guest commentator on a number of television and radio news programs. He is frequently quoted in the press regarding issues of corporate finance and business ethics. Dr. Isberg has also served as a consultant to a number of Fortune 500 firms, as well as small and medium sized enterprises across the country and has created a variety of staff training and executive development programs.

About CreditRiskMonitor

CreditRiskMonitor (http://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, and peer analyses. Plus, it includes public record filings and trade payment data on millions of U.S. companies. The service also provides continuous news monitoring 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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