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09/11/2007

IMS Acquires Barter Partners & Kansas Trade Exchange

International Monetary Systems reported it has purchased the client base of Barter Partners, a trade exchange serving members in St. Joseph and Benton Harbor (MI) as well as South Bend (IN), capably run by Jim Cassidy.

IMS management believes that its new Barter Partners clients from the Michigan market will derive much benefit from, and will relate well to, the company�s largest client base in Chicago. These new IMS members will now have thousands of trading partners that they have not had before.

Acquisition of the assets and client base of Kansas Trade Exchange, located in Wichita (KS), will become effective on September 30, 2007. KTE has been serving clients in south-central Kansas for more than twelve years with a solid reputation for quality service to its members...providing them with a wide variety of desirable products and services.

Don Mardak, CEO of International Monetary Systems, commented, �Hayes and Brenda Crenshaw have created one of America's top-quality trade exchanges with a loyal base of clients. We believe that this acquisition will strengthen our product offerings and be accretive to our revenue and profitability."


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