NEWS RELEASE

CONTACT: 
CreditRiskMonitor.com
Jerry Flum, Chairman & CEO
(516) 610-4000, ext. 321
jerryf@creditriskmonitor.com

FOR IMMEDIATE RELEASE

CreditRiskMonitor.com's Operating Revenues for Fiscal 1999 Up 56%

FLORAL PARK, NY—February 11, 2000--CreditRiskMonitor.com, Inc. (Symbol: CRMZ) announced that operating revenues for the 12 months ended December 31, 1999 were $1,259,019, an increase of 56% over 1998's pro forma 12 month operating revenues of $809,563. Fourth quarter operating revenues were $363,524, an increase of 48% from 1998's pro forma fourth quarter operating revenues of $245,812.

Jerry Flum, chairman and CEO, indicated that the Company is currently running at an annual revenue rate of approximately $2 million.

In January 1999, the Company acquired the assets of the CreditRisk Monitor division of Market Guide Inc. and commenced operations. The pro forma sales are what the Company would have reported if the acquisition had been made as of January 1, 1998.

The Company reported a net loss of $1,252,698, or $0.23 per share, for the year. If the acquisition had been made as of January 1, 1998, the Company would have reported a fiscal 1998 net loss of $1,364,651, or $0.26 per share, on a pro forma basis. Included in the net loss for fiscal 1999 and the pro forma fiscal 1998 results is a write-off of $134,076, representing a portion of the purchase price paid for the CreditRisk Monitor assets allocated to in-process research and development that has no probable future use.

CreditRiskMonitor.com is an Internet-based financial information analysis and news service designed for corporate credit professionals whose portal web site is www.my.creditriskmonitor.com.

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 YEARS ENDED DECEMBER 31, 1999 AND 1998
                              (Unaudited)

                                                     1998
                             1999         Historical        Pro Forma

Operating revenues        $ 1,259,019    $      --      $   809,563

Operating expenses:
  Data and product
    costs                     686,517           --          150,898
  Selling, general
   and administrative
   expenses                 1,504,829         28,216      1,642,516
  Depreciation and
   amortization               167,250           --          169,606 
 Total operating
   expenses                 2,358,596         28,216      1,963,020 

Loss from
  operations               (1,099,577)       (28,216)    (1,153,457)
Other income                   66,244          7,702          7,702
Interest expense              (82,153)          --          (81,895)
Write-off of
  intangible assets          (134,076)          --         (134,076)
Loss on sale
  of fixed assets              (3,191)          --             --      

Loss before
  income taxes             (1,252,753)       (20,514)    (1,361,726)
Provision
  (benefit) for
  income taxes                    (55)         2,925          2,925 

Net loss                  $(1,252,698)  $    (23,439) $  (1,364,651)

Net loss per
 share of
common stock:

         Basic            $     (0.23)   $     (0.06)   $     (0.26)

         Diluted          $     (0.23)   $     (0.06)   $     (0.26)

Weighted average
number of common shares
outstanding:

Basic                        5,341,129       399,830        5,300,129

Diluted                      5,341,129       399,830        5,300,129


             CREDITRISKMONITOR.COM, INC. AND SUBSIDIARIES
                      CONSOLIDATED BALANCE SHEETS
                      DECEMBER 31, 1999 AND 1998
                              (Unaudited)

                                                1999           1998
ASSETS
Current assets:
Cash and cash equivalents                 $  1,421,885  $     13,400
Accounts receivable, net
 of allowance of $32,500                       575,048          --
Purchase option                                   --         115,000
Other                                           15,798          --   

         Total current assets                2,012,731       128,400

Property and equipment,
  net of accumulated
  depreciation                                 316,999          --
Goodwill, net of
  accumulated amortization                   2,183,275          --
Other assets                                    21,075          --   

Total assets                              $  4,534,080    $  128,400 


LIABILITIES AND STOCKHOLDERS'
 EQUITY (DEFICIT)
Current liabilities:
  Unearned subscription income             $  1,263,145   $     --
  Accrued liabilities                            55,598       86,364
  Accounts payable                               23,388        5,908
  Current portion of
    capitalized lease obligation                  4,070         --
         Other                                   41,768        5,500 

                  Total current liabilities   1,387,969       97,772

    Long-term debt, net of current portion:
         Secured promissory note                832,357         --
         Expense promissory note                106,087         --
         Capitalized lease obligation            19,990         --   
                                                958,434         --
Deferred compensation                            86,250         --
Deferred rent payable                               467         --   

                  Total liabilities           2,433,120       97,772

Redeemable convertible
  voting senior preferred
  stock, $.01 par value
  (stated at liquidation value
  of $1.00 per share)
  Authorized 1,100,000 shares;
  issued and outstanding
  0 and 1,100,000 shares,
  respectively                                     --      1,100,000

Stockholders' equity (deficit)
 Common stock, $.01 par value
 Authorized 25,000,000
   shares; issued and
   outstanding 5,341,129 and
   399,830 shares, respectively                  53,411        3,998
 Additional paid-in capital                  27,192,567   22,818,930
 Accumulated deficit                        (25,145,018) (23,892,300)

          Total stockholders'
           equity (deficit)                   2,100,960   (1,069,372)

Total liabilities and
stockholders' equity (deficit)             $  4,534,080  $    128,400