International Monetary Systems Reports Results for Third Quarter 2005

Revenue increases by 43%, YTD Profits up 96%

New Berlin, Wis., November 23, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, today announced that it has recently filed its third-quarter 10-QSB report.

In the quarter ending September 30, 2005, the company's gross revenue increased 43% to $1,674,526, compared to $1,169,918 for the third quarter of 2004. The increased revenue was a result of five acquisitions, which were consummated during the past six months, along with additional internal growth of the Continental Trade Exchange (CTE) barter exchange.

The CTE barter business reported net income before taxes of $150,013, compared to a profit of $119,098 for the same period of 2004, an increase of 25%.

The company's total expenses during the third quarter of 2005 increased from $1,180,041 in the third quarter of 2004 to $1,638,428 at the end of the current period. The increased expenses were attributed to additional costs from the acquired trade exchanges and other non-cash charges for investor relations work and consulting services, plus an adjustment for interest on notes that were issued earlier this year to private investors. As a result, the CTE barter network's operating profit of $150,013 was reduced by the expenses described above.

For the third quarter of 2005, International Monetary Systems, Ltd. had net income of $27,098 compared to a loss of $7,443 for the same period in 2004. Earnings before interest, taxes, depreciation and amortization (EBITDA) totaled $252,088 for the current quarter. This compares to an EBITDA of $92,495 for the same period last year, an increase of 172%.

For the nine months ending September 30, 2005, the CTE barter network had year-to-date net income before taxes of $455,930, compared to $390,680 for the same period in 2004.

International Monetary Systems, Ltd. year-to-date consolidated gross revenue for the nine-month period ending September 30, 2005 totaled $4,415,165, compared to $3,347,528 for the same period in 2004, an increase of 32%. Total expenses for the nine-month period ending September 2005 were $4,254,309, compared to $3,267,479 for the same period in 2004, an increase of 30%. Year-to-date net income for the first nine months of 2005 was $120,656, compared to $61,686 for the same period ending September 30, 2004, an increase of 96%.

EBITDA for the nine-months of 2005 totaled $629,510. This compares to an EBITDA for the same period of 2004 totaling $357,319, an increase of 76%.

IMS CEO Don Mardak commented: "We are quite enthusiastic about our growing revenues and profits. With year-to-date earnings up 96%, we are on target to hit all of our projected numbers. These continuing good results validate our growth-through-acquisition strategy."

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

Source: International Monetary Systems, Ltd.