All Items Approved at International Monetary Systems Annual Meeting

New Berlin, Wis., June 24, 2004 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, held its annual shareholder meeting on June 23, 2004 in Milwaukee, Wisconsin.

Shareholders overwhelmingly voted to re-elect two directors, to ratify the Company's auditors, Smith & Gesteland, LLP, and to increase the company's authorized capital to 280 million shares of common stock and 20 million shares of series preferred stock. These matters passed by affirmative votes of 99%, 99% and 97%, respectively.

Contact:

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

Source: International Monetary Systems, Ltd.