Exhibit 99.1

   CreditRiskMonitor Receives $1.1 Million in Litigation Settlement

    VALLEY COTTAGE, N.Y.--(BUSINESS WIRE)--April 27,
2005--CreditRiskMonitor (OTCBB:CRMZ), announced today that it has
settled all outstanding litigation against Global Credit Services,
Inc. in return for a cash payment of $1.1 million.
    Jerry Flum, CEO, stated, "The litigation has been going on for
four years. We believe it was prudent to settle now to stop the
diversion of management's time from running and growing our business.
We are gratified and vindicated by the Court's decision in August 2004
finding the defendants to be in contempt of court for their breach of
a Settlement Agreement and awarding us compensatory and punitive
damages and attorneys' fees. It is time to write the final chapter to
the litigation and we will now put the proceeds of this settlement to
work, serving our customers and expanding our business."
    The text of the Court's August 6, 2004 decision and a related New
York Law Journal article can be found at
http://www.crmz.com/Docs/CourtDecision-2004-08-06.pdf and
http://www.crmz.com/Docs/NYLawJournal-2004-08-24.pdf, respectively.

    About CreditRiskMonitor

    CreditRiskMonitor (www.crmz.com) is an Internet-based financial
information analysis and news service designed for corporate credit
professionals. Our comprehensive commercial credit reports cover tens
of thousands of public companies around the world and include detailed
financial statements and analyses, credit scores, company background
information, Standard & Poor's ratings, competitive analyses, public
record filings, and trade payment data. The CreditRiskMonitor
continuous monitoring service keeps customers up to date on events
affecting the credit worthiness of companies, including financial
statement updates, SEC filings, S&P rating changes, and
credit-relevant news stories and press releases.

    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.

    CONTACT: CreditRiskMonitor.com, Inc.
             Jerry Flum, 845-230-3030
             jerryf@creditriskmonitor.com