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05/13/2008

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.

For more info on IMS see www.imsbarter.com.

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