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IMS Announces Record Revenue Of $1.4 Million

International Monetary Systems (OTCBB:INLM), a worldwide leader in business-to-business barter services, has provided its sales volume and revenue figures for October. The month produced the company�s highest revenue total to date, as well as strong new-client enrollments.

The October 2007 results are:

  • Trade volume for the month totaled more than $9.8 million. (This amount represents only the sale side of the transactions.) In October of 2006, the trade volume was $10 million. The higher volume last year was a result of more reciprocal and non-fee transactions. Although the trade volume for October of 2007 was $200,000 less than last year, the actual billable client amount was greater and generated increased revenue.

  • Gross revenue billed was $1.4 million, compared to $1.2 for October of last year, a 17% increase. This revenue was the highest monthly total in the company�s history.

  • New-client enrollments were strong with 300 new members joining the barter network, representing an increase of 117% over the 138 new members signed up in October of last year.

The totals listed above are taken from the company�s internal records and have not been audited.

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