International Monetary Systems to Change the Name of Its Operating Subsidiary

New Berlin, Wis., June 15, 2006 -- International Monetary Systems, Ltd. (OTC BB:INLM.OB), a worldwide leader in business-to-business barter services, announced today it is changing the name of its Continental Trade Exchange subsidiary to International Monetary Systems.

IMS' CEO, Don Mardak, commented: "Nearly twenty-one years ago, Continental Trade Exchange began doing business. Four years later, we incorporated International Monetary Systems, Ltd. as a holding company that owns and operates the CTE Barter network. Since that time, IMS has gone public and, consequently, receives a good deal of publicity. Very little of that 'good press' benefits the Continental Trade Exchange operation. So to help us avoid further confusion, and for the sake of uniformity and branding, our board of directors recently made the decision to eliminate the CTE name. We believe that International Monetary Systems better reflects our business model as an alternative payment system and complementary currency. Therefore, beginning in July our clients will refer to us as International Monetary Systems, or IMS Barter."

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves more than 9,800 customers representing 14,000 cardholders in 36 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.
New Berlin, WI
John Strabley
800-559-8515
http://www.internationalmonetary.com

Source: International Monetary Systems, Ltd.