International Monetary Systems Sets Record for New Client Enrollments

443 New Members Enrolled in Third Quarter

New Berlin, Wis., October 10, 2006 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, announced today that it enrolled 443 new clients in the third quarter, far exceeding any previous quarterly total.

Also during the quarter, the acquisition of Chicago-based Illinois Trade Association added 5,000 clients to the IMS membership roster. The number of clients now served totals more than 15,000 business and professional people, representing 22,000 cardholders across the United States.

CEO Don Mardak stated: "This high level of new clients joining the IMS barter network should provide a strong impetus for continued growth in revenue. And with the addition of the Illinois Trade Association sales staff, we expect the fourth-quarter numbers to be even greater."

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) currently serves more than 15,000 customers representing 22,000 cardholders in 39 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 International Reciprocal Trade Association (IRTA). Further information can be obtained at the company's Web site at: www.internationalmonetary.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those statements pertaining to the potential creation of a trading market and to the beneficial consequences of growth through acquisitions. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "projects," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Unless otherwise required by applicable law, we do not undertake, and specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

Contact:

International Monetary Systems, Ltd., New Berlin, WI
John Strabley, 800-559-8515

Source: International Monetary Systems, Ltd.