International Monetary Systems Reports September Revenues Up 45% Over Last Year

Company expects revenue growth to continue

New Berlin, Wis., October 20, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, today announced that it processed $4.7 million in trade volume (sales only) in September, which produced revenues of $563,000. This represents an increase of 45% over the same period in 2004. Revenue growth is attributable to successful acquisition and organic growth strategies.

During the past six months, IMS has completed five acquisitions: Barter Business Unlimited of Hartford, CT; International Barter Network of New York, NY; United Trade Network of Las Vegas, NV and Los Angeles, CA; United Trade Network of Reno, NV and Eagle Barter Exchange of Chattanooga, TN. IMS now services 9,500 clients in 32 markets across the United States, with plans on entering additional markets in the coming months.

Don Mardak, IMS President and CEO, commented: "This is the fifth consecutive month in which our company has shown explosive revenue growth over comparable periods in 2004. During that time we have had increases of 53% in May, 48% in June, 37% in July, 54% in August, and now 45% in September. Once again, this validates our industry roll-up strategy and demonstrates our success in enrolling new members into our cashless trade network."

International Monetary Systems, Ltd. will be filing its 10-QSB report for the third quarter of 2005 on or before November 15th.

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves 9,500 customers representing 14,000 cardholders in 32 U.S. markets. Based in New Berlin, Wis., IMS is one of the largest publicly traded barter companies in the world and is continually expanding its exchange locations. The company's proprietary transaction network enables businesses and individuals to trade goods and services throughout North America. Using an electronic currency known as trade dollars, IMS exchanges allow companies to create cost savings and to improve operations by taking advantage of barter opportunities in their business models. Managed by seasoned industry veterans, IMS is a recognized member of the National Association of Trade Exchanges (NATE) and the International Reciprocal Trade Association (IRTA). Further information can be obtained at the company's Web site at: www.internationalmonetary.com.

This press release may contain statements which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those regarding the company and its subsidiaries' expectations, intentions, strategies and beliefs pertaining to future performance. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without management's control. Important factors that could cause such differences are described in the company's periodic filings with the Securities and Exchange Commission.

Contact:

International Monetary Systems, Ltd.
John Strabley
800-559-8515
http://www.internationalmonetary.com

or

L. G. Zangani LLC
Ian Cassel (Investor Relations)
908-788-9660
office@zangani.com
http://www.zangani.com

Source: International Monetary Systems, Ltd.