Exhibit 99.1
CreditRiskMonitor.com, Inc.
Jerry Flum, CEO
(845) 230-3030


CreditRiskMonitor Reports 2011 Operating Results

VALLEY COTTAGE, NY—February 23, 2012—CreditRiskMonitor (Symbol: CRMZ) announced that for the year ended December 31, 2011 revenues increased 9% to $10.15 million compared to fiscal 2010, while income from operations was $1.21 million versus $1.68 million last year. Cash, cash equivalents and marketable securities at the end of 2011 increased $1.44 million, after the payment of a cash dividend of $396,000 in the third quarter of 2011, to $8.28 million from the 2010 year-end balance of $6.85 million.

Jerry Flum, CEO, said, “Due to the Company’s continuing investment in sales and service staff, new data for subscribers and enhanced infrastructure, our profit was reduced despite the higher sales we achieved in 2011 over 2010. We continue to strongly believe that these expenditures will enhance our long-term prospects and we will be rewarded by this current investment. We remain debt-free and our strong balance sheet provides us with financial flexibility should investment opportunities present themselves.”


Operating revenues
  $ 10,154,200     $ 9,343,011  
Operating expenses:
Data and product costs
    2,937,279       2,429,745  
Selling, general and administrative expenses
    5,842,302       5,102,805  
Depreciation and amortization
    162,482       133,564  
Total operating expenses
    8,942,063       7,666,114  
Income from operations
    1,212,137       1,676,897  
Other income, net
    98,592       23,443  
Income before income taxes
    1,310,729       1,700,340  
Provision for income taxes
    (402,140 )     (687,030 )
Net income
  $ 908,589     $ 1,013,310  
Net income per share of common stock:
  $ 0.11     $ 0.13  
  $ 0.11     $ 0.12  



DECEMBER 31, 2011 AND 2010

Current assets:
Cash and cash equivalents
  $ 6,531,204     $ 5,642,568  
Marketable securities
    1,753,072       1,204,234  
Accounts receivable, net of allowance of $30,000
    1,551,213       1,406,865  
Other current assets
    451,143       480,922  
Total current assets
    10,286,632       8,734,589  
Property and equipment, net
    306,810       364,360  
    1,954,460       1,954,460  
Deferred taxes on income
    -       233,873  
Other assets
    23,232       23,225  
Total assets
  $ 12,571,134     $ 11,310,507  
Current liabilities:
Deferred revenue
  $ 6,471,494     $ 5,997,862  
Accounts payable
    60,941       24,024  
Accrued expenses
    1,087,163       1,167,196  
Deferred taxes on income
    157,385       -  
Total current liabilities
    7,776,983       7,189,082  
Other liabilities
    3,714       1,149  
Total liabilities
    7,780,697       7,190,231  
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 7,902,462 and 7,899,462 shares, respectively
    79,204       78,994  
Additional paid-in capital
    28,597,679       28,440,586  
Accumulated deficit
    (23,886,446 )     (24,399,304 )
Total stockholders’ equity
    4,790,437       4,120,276  
Total liabilities and stockholders’ equity
  $ 12,571,134     $ 11,310,507  

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 23, 2012 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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