International Monetary Systems announces annual meeting

June 23rd event set for Milwaukee's Renaissance Place

New Berlin, Wis., May 13, 2004 -- International Monetary Systems, Ltd. (OTC BB: INLM),a worldwide leader in corporate and consumer barter services, today scheduled its annual shareholder meeting for 2 p.m. June 23, 2004, at 1451 Renaissance Place in Milwaukee, Wisconsin.

According to the proxy statement filed today, shareholders will vote to elect two directors, to ratify the Company's auditors, Smith & Gesteland, LLC, and to increase the company's authorized capital to 280 million shares of common stock and 20 million shares of series preferred stock.

Contact:

Mirador Consulting, Inc.
Casey Burt, 877/MIRADOR - (877) 647-2367

Source: International Monetary Systems, Ltd.