IMS
Announces 106% Revenue Increases
International
Monetary Systems (OTCBB:INLM), a worldwide leader in
business-to-business barter services, has provided its sales volume
and revenue figures for July.
Once again the
company showed substantial increases in gross revenue, trade volume,
and client enrollments. The July 2007 results are:
�
Trade volume for the
month totaled more than $8.5 million. (This amount represents sales
only.) The total represented an increase of 103% over the $4.2
million in trade volume processed in July of 2006
�
Gross revenue billed
was $1.1 million, compared to $533,000 for July of last year, a 106%
increase.
�
New-client enrollments
once again were strong, with 266 new members joining the barter
network in July of 2007, an increase of 127% over the 117 new
members signed up in July of last year.
The totals
listed above are taken from the company's internal records and have
not been audited.
IMS recently
filed its first quarter 10-QSB report, which showed positive cash
flow and strong revenue growth. The report can be viewed at
www.sec.gov.
