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06/24/2008

IMS Holds Annual Shareholder Meeting

International Monetary Systems (OTCBB:INLM), a worldwide leader in business-to-business barter services, reported that all issues requiring a vote at the company’s annual shareholder meeting were overwhelmingly approved by an affirmative vote of 99.7%. 

Directors Wayne Emmer, Wayne Dalin, and Donald Mardak were reelected to three-year terms and Webb & Company was ratified as auditors for the company’s 2008 financial statements. Emmer is the president of Illinois Cement Co., Dalin is a CPA and former partner in the accounting firm of Dalin, Lindseth & Co., and Mardak is the president and CEO of IMS. 

CFO Danny Weibling and other board members reviewed IMS’    financial results for the past year and outlined their vision and plans for the future. 

In addition, members from IMS’ management, sales, brokering, marketing, and IT departments provided a “Team and Tools” presentation covering the progress and projections of these critical national operations. The presentation included a showcase of newly released projects including various features to the web site, the new online marketplace, and their proprietary barter commerce management clearing system: TNT, the Trade Network Tracking System. 

For more information go to www.ims.com.


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