International Monetary Systems' May Revenue Up 39%

Company Reduces $800,000 of Its Debt

New Berlin, Wis., June 27, 2006 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today announced that its May revenue totaled $625,000, an increase of 39% over May of 2005.

The company also said that during the past two months it has paid off $800,000 of its bank credit lines and other notes, and has repurchased shares from previous trade exchange owners, also reducing its liability on these obligations.

CFO Danny Weibling stated: "The recent infusion of $4 million in equity capital, coupled with our higher stock price, has allowed us to make this substantial reduction in our outstanding liabilities. In addition, our assets have increased to $11.4 million. All of these factors have improved our balance sheet and cash flow, and will be reflected in our second-quarter report, which will be filed in early August."

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.