CreditRiskMonitor 2015 Operating Results

VALLEY COTTAGE, NY—March 21, 2016—CreditRiskMonitor (OTCQX: CRMZ) reported that revenues for the year ended December 31, 2015 increased 2% to $12.49 million compared to fiscal 2014. Net income for fiscal 2015 was approximately $493,200 compared to $370,600 in the prior year. Cash, cash equivalents and marketable securities at the end of 2015 increased to $8.96 million from the 2014 year-end balance of $8.89 million.

Jerry Flum, CEO, said, “Reported earnings for 2015 is the highest since 2012. In 2015 we began investing in new marketing programs and are continuing to do so in 2016. We believe these programs should start positively impacting operating results in late 2016 and 2017. At the same time, we continue to be debt-free and our strong balance sheet provides us with financial flexibility to manage for the long-term.”

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Financial statement from CreditRiskMonitor
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Financial statement from CreditRiskMonitor

Note
On October 21, 2015, the Company's Board of Directors authorized a 1.3-for-1 split of its common stock, in the form of a 30% stock dividend, payable to stockholders of record as of November 30, 2015. Shares resulting from the split were issued on December 15, 2015. In connection therewith, the Company transferred $24,745 from accumulated deficit to common stock, representing the par value of additional shares issued. All share and per share amounts for all periods presented have been retroactively adjusted to reflect the stock split.

About CreditRiskMonitor

CreditRiskMonitor (http://www.creditriskmonitor.com) helps corporate credit and procurement professionals stay ahead of and manage financial risk quickly, accurately and cost effectively. It offers comprehensive commercial credit and financial risk analysis covering public companies worldwide. Unlike other commercial credit bureaus like Dun & Bradstreet, CreditRiskMonitor’s primary focus is on financial analysis of publicly traded company risk.

Over 35% of the Fortune 1,000 depend on CreditRiskMonitor’s timely news alerts and reports featuring detailed analyses of financial statements, ratio analysis, peer analyses, bond agency ratings, and the Company’s proprietary FRISK® scores, proven 95% predictive in anticipating corporate financial stress, including bankruptcy.

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.