International Monetary Systems Schedules Annual Shareholder Meeting

Event set for June 29 at the Landmark Milwaukee Art Museum

New Berlin, Wis., May 19, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, today announced that it has scheduled its annual shareholder meeting for June 29, 2005, at the landmark Milwaukee Art Museum. According to the proxy statement filed May 16, shareholders of record on May 26, 2005, will be eligible to re-elect three directors and to vote on any other business that may be presented.

CEO Don Mardak commented: "We are very pleased to once again conduct our annual shareholder meeting at this beautiful setting on Lake Michigan in the Santiago Calatrava-designed wing of the Milwaukee Art Museum. Attendees also will be offered complimentary tickets to tour the museum."

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.

Contact:

Source: International Monetary Systems, Ltd.