International Monetary Systems Adds CPA to Board of Directors
Wayne Dalin to Head Internal Audit Committee
New Berlin, Wis., February 23, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, announced today that it has elected Wayne Dalin, CPA, to its board of directors. Dalin will be in charge of the internal audit committee. With this addition, the company now has a majority of outside directors serving on its board.
CFO Danny Weibling commented: "The election of Wayne Dalin will help us improve our compliance with the Sarbanes Oxley act. Wayne will be the leader of our audit committee and, along with our other three outside directors, will aid us in strengthening all internal controls."
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Source: International Monetary Systems, Ltd.
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International Monetary System Gains 12.12% on 5X Average Volume
(financialwire.net via COMTEX), February 23, 2005 -- International Monetary System (OTCBB: INLM) gained 12.12% Tuesday on volume of 93,000, some five times its average volume of 16,350, to close at $0.37.
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