Exhibit 99.1

CreditRiskMonitor.com, Inc.
Jerry Flum, CEO
(845) 230-3030


CreditRiskMonitor Reports 2010 Operating Results

VALLEY COTTAGE, NY—February 23, 2011—CreditRiskMonitor (Symbol: CRMZ) announced that for the year ended December 31, 2010 revenues increased 19% to $9.34 million and income from operations was $1.68 million versus $813,000 last year.

Jerry Flum, CEO, said, “We had strong cash flow, resulting in a record year-end cash, cash equivalent and marketable securities balance of $6.85 million at December 31, 2010 compared to $4.68 million at December 31, 2009, and we continue to operate the Company without debt. However, we were unable to maintain the pace of revenue growth that we achieved during the credit crisis years of 2008/9. Year-over-year net income and net income per share declined, due to the Company’s nonrecurring reversal of its tax valuation allowance during the fourth quarter of 2009.” The tax expense recorded in 2010 does not result in any cash liability because of the availability of unexpired net operating loss (“NOL”) carry-forwards. This expense reduces the recorded deferred tax asset and at December 31, 2010, the Company had NOL carryforwards aggregating approximately $2.1 million, expiring in varying amounts over the next sixteen (16) years.


Operating revenues
  $ 9,343,011     $ 7,848,010  
Operating expenses:
Data and product costs
    2,429,745       2,118,316  
Selling, general and administrative expenses
    5,102,805       4,813,064  
Depreciation and amortization
    133,564       103,909  
Total operating expenses
    7,666,114       7,035,289  
Income from operations
    1,676,897       812,721  
Other income, net
    23,443       13,893  
Income before income taxes
    1,700,340       826,614  
Benefit (provision) for state and local income taxes
    (687,030 )     908,960  
Net income
  $ 1,013,310     $ 1,735,574  
Income before income taxes per share of common stock**:
  $ 0.22     $ 0.11  
  $ 0.20     $ 0.10  
Net income per share of common stock:
  $ 0.13     $ 0.22  
  $ 0.12     $ 0.21  

** Denotes non-GAAP financial measure. Because of the Company’s reversal of its valuation allowance during the fourth quarter of 2009, as the Company had sufficient evidence to conclude that it is more likely than not that the Company will be able to utilize its net operating loss carryforwards prior to their expiration, the calculation of the Company’s benefit (provision) for income taxes is not comparable between years. Accordingly, we feel that reporting pre-tax earnings per share is a better measure in this instance even though this is a non-GAAP financial measure.

DECEMBER 31, 2010 AND 2009

Current assets:
Cash and cash equivalents
  $ 5,642,568     $ 4,679,466  
Marketable securities
    1,204,234       -  
Accounts receivable, net of allowance of $30,000
    1,406,865       1,370,523  
Other current assets
    480,922       253,857  
Total current assets
    8,734,589       6,303,846  
Property and equipment, net
    364,360       261,591  
    1,954,460       1,954,460  
Deferred taxes on income
    233,873       913,503  
Other assets
    23,225       23,116  
Total assets
  $ 11,310,507     $ 9,456,516  
Current liabilities:
Deferred revenue
  $ 5,997,862     $ 5,321,116  
Accounts payable
    24,024       42,614  
Accrued expenses
    1,167,196       698,832  
Total current liabilities
    7,189,082       6,062,562  
Other liabilities
    1,149       -  
Total liabilities
    7,190,231       6,062,562  
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 7,899,462 and 7,849,462 shares, respectively
    78,994       78,494  
Additional paid-in capital
    28,440,586       28,333,094  
Accumulated deficit
    (24,399,304 )     (25,017,634 )
Total stockholders’ equity
    4,120,276       3,393,954  
Total liabilities and stockholders’ equity
  $ 11,310,507     $ 9,456,516  

CreditRiskMonitor (http://www.crmz.com) is an Internet-based publisher of financial information, designed to save time for busy corporate credit professionals that competes with Dun & Bradstreet, Equifax and Experian.
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.

The following information was filed by Creditriskmonitor Com Inc (CRMZ) on Thursday, February 24, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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