International Monetary Systems Has Record Month in October

More Than $3 Million in Trades Transacted

New Berlin, Wis., November 06, 2003 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, announced today that it experienced another record-setting month in October, transacting more than $3 million worth of trade volume. This resulted in client billings exceeding $400,000, an increase of 35% over the same period last year.

Don Mardak, chief executive officer, commented: "The record-setting numbers for October were a direct result of our sensational barter expo in Milwaukee. This is especially exciting because we will be hosting four similar holiday shows in our Ohio and California markets during November and December."

The company will be filing its third quarter 10-QSB report next week.

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Source: International Monetary Systems, Ltd.