VALLEY COTTAGE, NY -- (Marketwire) -- 08/09/12 -- CreditRiskMonitor (OTCQX: CRMZ) (PINKSHEETS: CRMZ) reported that revenues increased 8% for both the 3 and 6 months ended June 30, 2012, to $2.74 million and $5.39 million, respectively. For the same periods, income from operations was $199,000 and $282,000, respectively, compared to $267,000 and $487,000 for the comparable 2011 periods. Cash, cash equivalents and marketable securities at the end of the six-month period, however, increased $1.13 million to $9.41 million from the 2011 year-end balance of $8.28 million.

Jerry Flum, CEO, said, "Our short-term income from operations continues to be adversely impacted by the cost of building our sales and service staff, adding new data elements, and creating new tools for subscribers. We continue to be debt free, generating strong free cash flow after dividends. Both of these conditions provide us with financial flexibility in case new opportunities arise.

"We recently launched a new set of tools that subscribers can use to analyze their trade accounts receivable data on both public and private companies, if they contribute this data to our service. We are seeing a very positive reaction to these new tools, and an increasing number of subscribers are contributing their data."

                        CREDITRISKMONITOR.COM, INC.
                          STATEMENTS OF OPERATIONS
            FOR THE 3 AND 6 MONTHS ENDED JUNE 30, 2012 AND 2011
                                (Unaudited)

                              3 Months Ended            6 Months Ended
                                 June 30,                  June 30,
                         ------------------------  ------------------------
                             2012         2011         2012         2011
                         -----------  -----------  -----------  -----------

Operating revenues       $ 2,740,227  $ 2,539,350  $ 5,385,482  $ 4,979,311
                         -----------  -----------  -----------  -----------

Operating expenses:
  Data and product costs     936,411      734,890    1,863,156    1,480,237
  Selling, general and
   administrative
   expenses                1,566,213    1,495,659    3,163,572    2,929,752
  Depreciation and
   amortization               38,415       41,507       76,556       82,729
                         -----------  -----------  -----------  -----------

    Total operating
     expenses              2,541,039    2,272,056    5,103,284    4,492,718
                         -----------  -----------  -----------  -----------

Income from operations       199,188      267,294      282,198      486,593
Other income, net             15,428       33,367       12,616       34,918
                         -----------  -----------  -----------  -----------

Income before income
 taxes                       214,616      300,661      294,814      521,511
Provision for income
 taxes                       (97,735)     (91,012)    (129,879)    (182,451)
                         -----------  -----------  -----------  -----------

Net income               $   116,881  $   209,649  $   164,935  $   339,060
                         ===========  ===========  ===========  ===========

Net income per share:
  Basic and diluted      $      0.01  $      0.03  $      0.02  $      0.04
                         ===========  ===========  ===========  ===========



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

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

ASSETS
Current assets:
  Cash and cash equivalents                      $  7,673,989  $  6,531,204
  Marketable securities                             1,740,978     1,753,072
  Accounts receivable, net of allowance             1,012,168     1,551,213
  Other current assets                                269,519       451,143
                                                 ------------  ------------

    Total current assets                           10,696,654    10,286,632

Property and equipment, net                           296,382       306,810
Goodwill                                            1,954,460     1,954,460
Prepaid and other assets                               38,269        23,232
                                                 ------------  ------------

    Total assets                                 $ 12,985,765  $ 12,571,134
                                                 ============  ============

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Deferred revenue                               $  6,937,675  $  6,471,494
  Accounts payable                                     75,346        60,941
  Accrued expenses                                    662,804     1,087,163
  Deferred taxes on income                            255,142       157,385
                                                 ------------  ------------

    Total current liabilities                       7,930,967     7,776,983

Other liabilities                                       4,862         3,714
                                                 ------------  ------------

    Total liabilities                               7,935,829     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                       28,692,013    28,597,679
  Accumulated deficit                             (23,721,511)  (23,886,446)
                                                 ------------  ------------

    Total stockholders' equity                      5,049,936     4,790,437
                                                 ------------  ------------

    Total liabilities and stockholders' equity   $ 12,985,765  $ 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. 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 FRISK® 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.