CreditRiskMonitor.com Reports Record Revenues; 3rd Qtr Up 78%.

Business Editors

FLORAL PARK, N.Y.--(BUSINESS WIRE)--Oct. 24, 2000

CreditRiskMonitor.com, Inc.'s (Symbol: CRMZ) revenues for the third quarter increased 78% to $552,000 from 1999's revenues of $310,000. For the nine months ended September 30, 2000, revenues were $1.46 million, an increase of 68% over 1999's nine month revenues of $871,000.

CRM reported a 40% reduction in net loss to $177,000, or ($0.03) per share, for the quarter ended September 30, 2000 compared to a net loss of $297,000, or ($0.06) per share, for last year's third quarter. The Company reported a net loss of $680,000 for the first nine months of 2000, or ($0.13) per share, compared to a net loss of $960,000, or ($0.18) per share, for the same period last year.

Jerry Flum, Chairman and CEO, commented that "We have used approximately $100,000 in cash through the first nine months resulting in a cash balance at the end of September 2000 of $1.32 million. Our blue chip subscriber list plus the counter-cyclicality of our business gives us stability, combined with opportunity, in times of possible slowing economic growth."

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 competes with The Dun & Bradstreet Corporation (NYSE: DNB) and eCredit.com (an Internet Capital Group (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 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.

             CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
                 CONSOLIDATED STATEMENTS OF OPERATIONS
         FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
                              (Unaudited)


                                          2000             1999
                                          ----             ----


Operating revenues                 $    1,460,403        $   870,813

Operating expenses:
     Data and product
      costs                               554,392            448,594
     Selling, general
      and administrative
      expenses                          1,407,578          1,115,615
     Depreciation and
      amortization                        159,511            118,554
                                  ---------------    ---------------

         Total operating expenses       2,121,481          1,682,763
                                  ---------------    ---------------

Loss from operations                     (661,078)          (811,950)
Other income                               56,887             48,064
Interest expense                          (71,795)           (59,709)
Write-off of intangible assets                 -            (134,076)
Loss on sale of fixed assets                   -              (3,191)
                                  ---------------    ---------------

Loss before income taxes                 (675,986)          (960,862)
Provision (benefit) for
 income taxes                               4,036               (435)
                                  ---------------    ---------------

Net loss                          $      (680,022)   $      (960,427)
                                  ================   ===============


Net loss per share of
 common stock:

     Basic                        $        (0.13)    $        (0.18)
                                  ===============    ===============

     Diluted                      $        (0.13)    $        (0.18)
                                  ===============    ===============

Weighted average number of
 common shares outstanding:

     Basic                              5,341,129          5,300,129
                                  ===============    ===============

     Diluted                            5,341,129          5,300,129
                                  ===============    ===============