International Monetary Systems To Acquire Barter Network, Inc.

Latest Acquisition Makes Company a Coast-to-Coast Barter System

New Berlin, Wis., July 07, 2004 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, today announced that it has signed a definitive agreement to acquire the client base and certain assets of Barter Network, Inc. (BNI). BNI is a trade exchange operating out of Springfield, VA, with clients located in Arlington and Alexandria, VA, Washington, D.C., and Baltimore and Annapolis, MD.

International Monetary Systems' CEO. Don Mardak commented: "This acquisition of the Barter Network client base will make us a coast-to-coast barter system, as we will now be servicing clients in twenty-five markets across the United States."

Contact:

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

Source: International Monetary Systems, Ltd.