International Monetary Systems Opens Los Angeles Office

Barter Industry Leader Now Serves 25 Markets

New Berlin, Wis., October 05, 2004 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, today announced that it has opened an office in Santa Monica, CA, to serve the greater Los Angeles area. This is the first step in the company's internal expansion strategy through its new national sales force.

Executive Vice President John Strabley commented: "We are very excited about our ability to enter strategic markets where we have been unable to make an acquisition of an existing trade exchange. Under the direction of our western states sales manager Jim Briner, and after just three weeks in the field, we have already enrolled more than fifty clients in the dynamic Los Angeles marketplace."

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Source: International Monetary Systems, Ltd.