International Monetary 'Buy/4,' Target Raised To $0.80, By Investrend Research Analyst Gary Vassalotti, Stating, 'Wow, What A Quarter!'

New York, August 18, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM) has been reiterated as "Buy/4," with an increased target valuation from $0.60 to $0.80, according to Investrend Research analyst Gary Vassalotti, who commented, "Wow! What a Quarter!"

The analyst added:

Following the business model outlined in my initial report, International Monetary Systems, Ltd. continues it growth by acquisition strategy with three purchases this quarter, and started the next quarter with an acquisition on 7/31/05 of International Barter Network in NY, NY.

On 4/30/05, INLM purchased Eagle Barter Exchange of Chattanooga, TN for $365,000, including $65,000 down payment in cash and backed up by 600,000 shares of common stock guaranteed to have a value of at least $300,000 or $0.50 per share.

The real value in these purchases is the customer list. INLM paid $330,000 for the membership list.

INLM agreed to purchase on 4/30/05 selected assets of the Reno office United Trade Network for $155,000, backed by the issuance of 110,000 shares of stock with a guaranteed value of $0.50 per share.

The membership list was valued at $130,000.

INLM purchased Barter Business Unlimited, Inc. on 5/31/05 for a discounted price of $1,550,000, consummated with a combination of cash ($500,000), stock (2,050,000, 1,400,000 with a guaranteed value of $0.50/share) and a promissory note for $350,000.

The membership list in this acquisition is valued at $1,376,500.

INLM revenue increased substantially over 2004, with sales of $1,597,891 vs. $1,110,410, an increase of 43.9%.

EBITDA increased 91% to $292,567 for the 2Q vs. $153,051 (2004). Costs increased, but at only 37%, mostly due to acquisitions and consulting services expenses.

I am revising my earnings estimates to $0.01 for 2005.

INLM's cash position increased to $166,594 from $83,699. The company's current ratio is still strong, rising to 1.67x from 1.47x. INLM should have no problem continuing its growth by acquisition strategy.

The full report, including important disclosures and disclaimers, is available at http://www.investrendresearch.com, at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes Investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

International Monetary is enrolled in Investrend Research's pioneering professional research program, which facilitates independent analysts to provide coverage for shareholders in companies that otherwise would have little or no analyst following. Enrollment fees for Institutional coverage are $29,800, and the fees were paid by the company. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary interest, and neither the analyst nor anyone associated with Investrend Research may own or trade in the stocks of a company under coverage.

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Contact:

International Monetary Systems, Ltd.
Don Mardak, 262-780-3640
http://internationalmonetary.com
or
Investrend Communications, Inc.
Investrend Research Div.
R. Hempel, 718-896-5060
info@investrend.com.
www.investrendresearch.com

Source: International Monetary Systems, Ltd.