International Monetary Systems December Revenue up 41%
Company Reports 2nd Consecutive Month of $6 Million in Trade Volume
New Berlin, Wis., January 17, 2006 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, today announced that its revenue for December was $619,000, an increase of 41% over December of 2004. The company processed $6 million worth of trades for the second consecutive month. In reporting its trade volume, INLM counts purchases only--just one side of the transaction.
Don Mardak, President and CEO commented: "December was another fabulous month for International Monetary Systems. Our revenue growth continues as our trade brokers generate higher trade velocity and new, incremental sales for their clients. Soon, we will announce our increased revenue totals for all of 2005."
International Monetary Systems generates revenue through enrollment fees of $595 per new client, monthly account maintenance fees of $12 cash and $12 trade, plus transaction fees of 12% in cash, usually paid 6% by the buyer and 6% by the seller. For the past several years IMS has been systematically acquiring other trade exchanges in an ongoing consolidation of the barter industry.
About International Monetary Systems
Founded in 1989, International Monetary Systems (IMS) serves more than 9,300 customers representing 14,000 cardholders in 32 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 International Reciprocal Trade Association (IRTA). 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 (Investor Relations), 908-788-9660
office@zangani.com
http://www.zangani.com
Source: International Monetary Systems, Ltd.
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