International Monetary Systems Begins Trading on the Over the Counter Bulletin Board
New Berlin, Wis., June 25, 2002 -- Today, International Monetary Systems, Ltd. (OTC Bulletin Board: INLM), a worldwide leader in corporate and consumer barter services for more than 4,000 clients in 6 U.S. cities and 2 internationally, began trading shares of its common stock on the Over-The-Counter Bulletin Board under the ticker symbol "INLM."
International Monetary Systems, Ltd. serves clients such as Clear Channel Communications, Apple Vacations, and Budget Rent a Car, with a full suite of corporate and consumer barter services. The company joins together corporations and consumers by facilitating the exchange of a limitless array of goods and services among its members.
The company intends to use its newly tradable common stock, among other more traditional forms of capital, to fund the company's acquisition strategy, which is designed to consolidate the fragmented yet profitable barter industry. According to industry data, over $700 million is transacted every year through some 250 commercial trade exchanges.
"This is a monumental day for our company and the industry," said Don Mardak, President and Chief Executive Officer. "As we continue to consolidate the ever growing barter industry, we will be able to provide our members an increased variety of goods and services," added Mr. Mardak.
Currently, the company has successfully completed 8 acquisitions, including Midwest Trade Exchange in Chicago, and Tradius Corporation in San Jose.
International Monetary Systems, Ltd. consolidated financial statements have been audited by Smith & Gesteland, LLP.
For a full prospectus and other related documents pertaining to International Monetary Systems, contact Don Mardak at 262-780-3640, write to 16901 West Glendale Drive, P.O. Box 510305, New Berlin, WI, 53151 or visit www.internationalmonetary.com.
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Source: International Monetary Systems, Ltd.
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