IMS Expands Empire State Membership With 2,500 Clients
International Monetary Systems (OTCBB:INLM), a worldwide leader in
business-to-business barter services, today announced that it has
acquired the assets and client base of Business Network, Inc. (BNI),
located in Hauppauge (NY) on Long Island.
Don Mardak, CEO of IMS, commented, �We are pleased to announce this
latest acquisition of a very fine trade exchange in a strategic
location. Since we already have a solid network in place in Uptown
Manhattan, Long Island clients will now have many more barter
options which means an increase in trading opportunities.
�Additionally, linking our Long Island and Manhattan members with
our markets in Rochester, Buffalo and Syracuse, gives IMS nearly
2500 members in New York, making it the largest barter network in
the Empire State.�
The transaction was partially financed by $200,000 received from a
private investor in exchange for a convertible note.
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