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Vail, Aspen, Steamboat Springs!
IMS Expands Again, Acquiring Trade Exchange of the Rockies

Some of the most prestigious ski areas in the world are now part of the International Monetary Systems growing barter system, as CEO Don Mardak has acquired the Trade Exchange of the Rockies� (TER) assets and client base. As the firm�s eighth barter company acquisition in the past twelve months, TER was purchased for $720,000, including $500,000 cash, a $100,000 promissory note, and $120,000 in IMS stock.

TER, founded and operated by Bill Stein and his staff, built a strong client base of 600 members in a highly strategic vacation venue. Its ski resort accommodations in Denver and the surrounding areas of Vail, Beaver Creek, Aspen, and Steamboat Springs will subsequently become an integral part of the IMS network.

IMS now serves 9,700 clients in 35 U.S. markets. Mardak says the acquisition is another step toward his goal of creating a �coast-to-coast bartering system that will have a true impact on the economy.� IMS is a recognized member of the National Association of Trade Exchanges (NATE) and the International Reciprocal Trade Association (IRTA). For more information go to