EXHIBIT 99
CONTACT:
CreditRiskMonitor.com, Inc.
Jerry Flum, Chairman & CEO
(516) 620-5400, ext. 321
[email protected]
FOR IMMEDIATE RELEASE
CreditRiskMonitor.com Appoints Arthur Andersen
FLORAL PARK, NY--October 26, 2000--CreditRiskMonitor.com, Inc. (Symbol: CRMZ)
has appointed Arthur Andersen LLP as its independent accountants.
Jerry Flum, Chairman and CEO, commented that, "Our financial results now allow
us to consider the positive impact of partnering with other companies and
attracting Wall Street's broad array of services to grow our company. Having
Arthur Andersen, a well-respected "Big 5" accounting firm, is an important
signal announcing this next stage of our growth."
CreditRiskMonitor.com is an Internet-based financial information analysis and
news service designed for corporate credit professionals whose portal web site
is www.creditriskmonitor.com. CRM competes with The Dun & Bradstreet Corporation
(NYSE: DNB).
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.
