International Monetary Systems CEO Don Mardak to Present at Edgewater Research Conference Oct. 7, 2005
New Berlin, Wis., October 03, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, today announced that it will present a corporate overview of the Company's exciting growth strategy at the Edgewater Research Conference scheduled for October 7-8 in Lake Tahoe, NV.
Edgewater Research has a recognized presence amongst many micro cap professionals, including institutions, retail brokers, and investor relations companies. The Edgewater Conference is primarily attended by industry professionals, and uses the money collected from presenters in part to pay for the travel and lodging expenses of these select attendees. Edgewater also prepares an overview of each company, listing pertinent points with a brief research commentary as well. Edgewater's research is distributed to its subscriber base and is also available at www.edgewaterresearch.com.
IMS has successfully initiated an acquisition strategy to roll up the US barter industry, which consists of an estimated 250 independent trade exchanges. During the past five 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, President and CEO of IMS, commented: "Introducing IMS to an expanded investor base is the first step in getting our stock price to a proper valuation. The Edgewater Research conference is known as one of the best venues to increase investor awareness. We believe our stock is undervalued given our increasing revenue, profit growth, and strong market position."
About International Monetary Systems
Founded in 1989, International Monetary Systems (IMS) serves more than 9,500 customers representing 14,000 cardholders in 32 U.S. markets. IMS is one of the largest publicly traded exchange companies in the world, and is continually expanding its exchange locations and membership. IMS exchanges use a sophisticated broker network and its proprietary IMS trade dollars to enable businesses and individuals to sell more of their goods and services than would otherwise be possible. Managed by seasoned industry veterans, IMS is a long-standing 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 sites at: www.internationalmonetary.com and www.ctebarter.com.
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.
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