International Monetary Systems Acquires Barter Indiana Group

New Berlin, Wis., June 07, 2006 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today announced that it has purchased the assets and client base of Barter Indiana Group (BIG). The Indianapolis-based trade exchange will add about 200 members to the IMS client roster.

Dale Mardak, IMS Senior Vice President, commented: "Barter Indiana Group has been in business for just one year, yet has built a relatively sizable client base in that short period of time. The location relates very well to our existing markets of Louisville, KY and Columbus, Cincinnati and Dayton, OH. Tony Sandlin, who was instrumental in the rapid growth of BIG, will be staying on with us to help fuel our future expansion in this key metropolitan market."

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 the 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.