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08/05/2008

IMS Acquires Boston-Based Bartermax

International Monetary Systems (OTCBB:INLM), a worldwide leader in business-to-business barter services, has purchased the assets and client base of Bartermax, Inc., a barter trade exchange serving clients in Boston (MA) and Providence (RI).

�This represents another acquisition of a reputable and long-standing trade exchange in a strategic location,� confirmed Don Mardak, CEO of IMS. �Al Kafka, owner of Bartermax, has been an industry icon and leader for several decades, cultivating the kind of high-quality exchange network that IMS seeks.

�We are confident that the clients in these two markets will synergize well with our members nationwide � especially those in our Connecticut and New York markets. This acquisition also adds attractive new travel destinations for our entire business client base.�

Al Kafka reflected, �We are proud to have Bartermax join the ranks of International Monetary Systems. We feel the growth opportunity for our members here is very exciting. IMS is accomplishing a goal that we veterans in the barter industry have long supported...a large network of businesses connected by a common and well-respected trade dollar.�

The transaction was financed by a combination of cash, stock and other considerations. For more information on IMS go to www.imsbarter.com.



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