International Monetary Systems, Ltd. Files Documents for IPO

New Berlin, Wis., January 20, 2000 -- Don Mardak, president and CEO of International Monetary Systems, Ltd., announced that the company has filed Form SB-2 with the Securities and Exchange Commission. Upon approval by the S.E.C., Liss Financial Services of Milwaukee, WI, will begin selling shares of the company's stock in a best-efforts initial public offering. Shares are expected to be offered at a price of $6.00 each.

According to the offering prospectus, funds raised will be used to acquire trade exchanges and other related businesses.

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Source: International Monetary Systems, Ltd.