All Items Overwhelmingly Approved at International Monetary Systems' Annual Shareholder Meeting

New Berlin, Wis., June 23, 2006 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, announced today that all issues requiring a vote at the company's annual shareholder meeting were overwhelmingly approved by an affirmative vote of 99.99%.

Directors Dale Mardak and Thomas Delacy were re-elected to three-year terms and Webb & Company, PA was ratified as auditor for the company's 2006 financial statements. In addition, CEO Don Mardak and other board members reviewed IMS' financial results for the past year and outlined their vision and plans for the future. Among these were the company's commitment to organic growth through the hiring of outside salespeople and the enrolling of new clients.

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves more than 9,800 customers representing 14,000 cardholders in 37 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.