International Monetary Systems Begins Initial Public Offering

New Berlin, Wis., August 20, 2000 -- International Monetary Systems, Ltd. (IMS) has recently begun conducting an initial public offering of the company's common stock. The offering is being underwritten by Liss Financial Services and Pavek Investments of Milwaukee. Shares are being offered at $6.00.

For a prospectus, contact Liss Financial Services at (414) 225-3555.

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Source: International Monetary Systems, Ltd.