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10/23/2007

IMS Acquires Trade Exchange Serving Kentucky/Tennessee Clients

International Monetary Systems (OTCBB:INLM), which serves 17,000 customers in 48 U.S. markets, has procured the assets and client base of Synergy Trade Exchange, a barter network serving clients in Louisville (KY) and Nashville (TN).

The acquisition will eliminate a competitor of the New Berlin-based commercial barter services firm, which operates a Louisville office. Business for that office will nearly triple as a result of the deal, IMS reported. Terms of the transaction, the company's third in the past six weeks, were not disclosed.

�Combining the Synergy Trade Exchange members with ours will make International Monetary Systems the dominant barter system operating in northern Kentucky,� said CEO Don Mardak.

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