International Monetary Systems CEO Receives Industry Award

New Berlin, Wis., October 06, 2005 -- Don Mardak, President and CEO of International Monetary Systems, Ltd. (OTC BB: INLM), received a special award at the recent convention of the International Reciprocal Trade Association (IRTA). At the convention, which was held in Orlando, FL, Mardak was cited for Outstanding Achievement in the Barter Industry, based upon his contributions to the industry and for leading International Monetary Systems to its current status as a worldwide leader in business-to-business barter services.

The IRTA is a Non Profit organization of companies committed to promoting just and equitable standards of reciprocal trade and raising the value of reciprocal trade to businesses and communities worldwide by educating, self-regulating, and leading by example.

International Monetary Systems recently 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. Presenting at the conference will give IMS an opportunity to introduce its company to retail brokers, fund managers and other investment community leaders.

About International Reciprocal Trade Association

Founded in 1979, IRTA was formed to represent the common interests of the U.S. professional reciprocal trade industry and foster the highest ethical standards and business practices. In the 1980s, it expanded beyond the U.S. to include members from around the world. Today IRTA has members from 25 continents. It is the oldest and largest trade organization representing the reciprocal trade industry. www.irta.com

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.