International Monetary Systems Completes Acquisition of United Trade Network of Las Vegas

Transaction to Add More Than $350,000 in Annual Net Revenue

New Berlin, Wis., September 07, 2005 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, today announced that it has completed its acquisition of the assets and client base of United Trade Network (UTN) of Las Vegas, NV.

Terms of the deal are yet to be disclosed, but a significant portion of the purchase price was paid in cash, while the remaining balance was paid in restricted $0.50 stock. The acquisition is expected to add nearly 800 new clients and $350,000 in profitable annual revenue to INLM's national barter network.

Don Mardak, IMS President and CEO, commented: "Not only have we acquired the UTN Las Vegas client base, but also their members in the Greater Los Angeles area, which brings INLM's barter network to 9,500 clients nationwide. We anticipate a strong synergy between these and our existing clients in Southern California. We have also retained UTN's former owner, Greg Pavlov, who has previously demonstrated a remarkable ability to grow new markets. Mr. Pavlov will be overseeing our sales force in the Southwestern U.S. and spearheading growth initiatives in this region."

Safe Harbor Statement

Some statements in this release are ``forward-looking statements'' as that term is defined in Sections 27A of the Securities Act of 1933 as amended (the ``Securities Act''), and Section 21E of the Securities Exchange Act of 1934 as amended (the ``Exchange Act''), and are subject to certain risks and uncertainties, including, but not limited to, economic conditions, competition, changes in laws and the demand for the company's goods and services, which could significantly affect anticipated future results. Actual results may differ materially from any forward-looking statements.

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves 9,500 customers representing 14,500 cardholders in 33 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 businesses 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:

International Monetary Systems, Ltd.
John Strabley, 800-559-8515
http://www.internationalmonetary.com
or
L. G. Zangani LLC
Ian Cassel, 908-788-9660 (Investor Relations)
office@zangani.com
http://www.zangani.com

Source: International Monetary Systems, Ltd.