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10/21/2008

IMS Barter 2008 Celebrity Golf Event Raises $60,000 For Charity

International Monetary Systems (OTCBB:INLM), a worldwide leader in corporate and consumer barter services, announced its recent sponsorship of the Jimmy Crum �Labor of Love� Charity Golf Outing was held October 6 at The Little Turtle Country Club in Columbus, Ohio. The annual event, which was established in 1991, raises money for several Ohio-based charities � the Ohio Special Olympics, Recreation Unlimited, and Easter Seals.

To date, the Labor of Love event has raised $960,000 for the charities, all of which has been donated in IMS trade dollars. Barb Martin, National Sales Manager for IMS and Event Coordinator, commented: �This is an extraordinary event in the Ohio area. Not only does it provide incredible support to important charities, it shows the wonderful charitable opportunity made possible with trade dollars.�

The charities use their IMS trade dollars for expenditures normally requiring cash, such as T-shirts, housing, pool maintenance, upkeep of camping facilities, printing and more. Dr. Gordon Gee, President of Ohio State University, was the honoree for the event this year. Thus receiving the Labor of Love Award for his philanthropic effort throughout the Columbus community as well as internationally.

Among the special guests were 20 former Ohio State sports stars including Jim Karasatos, Rick Smith, Obie Stilwell, Tony White, Tim Williams, and Dan Stultz. �But,� Martin added, �everyone knows that the most honored guests are the children from the various charities who attend the lunch.�

Don Mardak, CEO of IMS, reflected, �This is a cherished event that IMS is immensely proud to sponsor and support. Many thanks go to the team in our Columbus marketplace and certainly to the generous members who have donated their time, trade dollars, and their products and services to make the event a success.�

Past Labor of Love honorees include: Wendy�s founder Dave Thomas, the �First Lady of Golf� Barbara Nicklaus, John H. McConnell, Jim Lashey, Jim Luck, Paula Spence, Clark Kellogg, Archie Griffin and other notables.



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