International Monetary Systems Completes Acquisition of Eagle Barter Exchange

Chattanooga office adds to travel and media availabilities

New Berlin, Wis., May 17, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, today announced that it has completed its previously reported acquisition of Eagle Barter Exchange (EBX) of Chattanooga, TN. This transaction, along with the recent purchase of United Trade Network's Reno (NV) office, has added nearly 700 clients to IMS' Continental Trade Exchange membership roster.

CEO Don Mardak said the EBX cash and stock acquisition increases the company's barter client roster to more than 7,300 members and will strengthen the company's travel and media divisions. "Johnny Eagle brings a wealth of media expertise to our staff," commented Mardak. "And the numerous sightseeing and lodging opportunities in the Greater Chattanooga area will provide a highly desirable travel destination for our Mid-America clients."

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves more than 7,300 customers in 29 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 companies 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 Barter Association National Currency (the BANC). Further information can be obtained at the company's Web site at: www.internationalmonetary.com.

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Source: International Monetary Systems, Ltd.