International Monetary Systems to Acquire Southern Barter Exchange's Memphis, Tennessee, Clients

New Berlin, Wis., March 22, 2006 -- International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in business-to-business barter services, today announced that it has signed a definitive agreement to acquire the Memphis (TN) client base of Southern Barter Exchange (SBE). This transaction does not include the SBE operation in Little Rock, Arkansas.

Don Mardak, President and CEO of International Monetary Systems stated: "Though this new client base is relatively small, we are pleased to have this opportunity to enter a dynamic new market such as Memphis, Tennessee. Kenn Flemmons, the president of Southern Barter Exchange, runs one of the finest trade exchanges in America. As a result, he has recruited the proper blend of businesses in the Memphis area, which will allow us to build upon this base through our growing national sales team."

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves more than 9,200 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

Source: International Monetary Systems, Ltd.