International Monetary Systems Enrolls 211 New Clients in Second Quarter

Total Represents an Increase of 83% Over Previous Year

New Berlin, Wis., July 16, 2004 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, today announced that it enrolled 211 new member/clients in the second quarter of 2004, the second highest quarterly total of client signups in company history. This represents an 83% increase over the total for the second quarter of 2003.

CEO Don Mardak stated, "Once again, this demonstrates our ability to grow internally, and not just through acquisitions. As we continue to add new outside salespeople, we should be able to maintain this recent trend of increased client enrollments."

Contact:

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

Source: International Monetary Systems, Ltd.