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Bob Meyer

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IMS Activities Taking Place On Many Fronts

International Monetary Systems (IMS) has acquired Southern Barter Exchange�s clients, adding to its Continental Trade Exchange network. A definitive agreement was reached with President Kenn Flemmons, of the Memphis (TN) firm, who, according to IMS� Don Mardak, runs one of the finest trade exchanges in America. (This transaction does not include Flemmons� SBE operation in Little Rock, Arkansas.)

Master Trade Barter Systems of Los Gatos (CA) has been procured as well. CEO Don Mardak, says this is a strategic acquisition for IMS as it strengthens their presence in the dynamic Silicon Valley market. The company now has over 2,000 members in Northern California.

IMS (OTCBB:INLM) has received a commitment for additional funding from private investors for up to $1.2 million; the company intends to use the proceeds to conclude acquisitions of strategically located trade exchanges. The company also reported revenues for February of $526,000, an increase of 42% over February 2005. For more information go to