CreditRiskMonitor.com Announces Resignation of Its Accountants.Business Editors FLORAL PARK, N.Y.--(BUSINESS WIRE)--Sept. 5, 2000 CreditRiskMonitor.com, Inc. (Symbol: CRMZ) announced that it was notified on August 30, 2000 of the resignation of its independent public accountants, Clifton Gunderson L.L.C. This resignation was the result of Clifton Gunderson's decision to stop providing accounting and auditing services for SEC registrants and not as the result of any disagreements with the Company on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. Clifton Gunderson's report on the Company's consolidated financial statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge for the past two years contained no adverse opinion or a disclaimer of opinion Disclaimer of opinion An auditor's statement that does not express any opinion regarding the company's financial condition. disclaimer of opinion , nor was it qualified or modified as to uncertainty, audit scope or accounting principles. CreditRiskMonitor.com is an Internet-based financial information analysis and news service designed for corporate credit professionals whose portal web site is www.creditriskmonitor.com. CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. competes with The Dun & Bradstreet Corporation (NYSE NYSE See: New York Stock Exchange : DNB DNB Dictionary of National Biography DNB Drum N Bass (music) DNB De Nederlandsche Bank DNB Dun & Bradstreet (stock symbol) DNB Den Norske Bank DNB David Nelson Band ) and eCredit.com (an Internet Capital Group (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). : ICGE) portfolio company) for business credit reporting services. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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