International Monetary Systems Establishes Broker Licensing Division

First Office to Serve Naples and Ft. Myers, FL

New Berlin, Wis., July 05, 2006 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today announced that it has established a broker licensing division for the purpose of opening new markets across America. The first licensee will soon begin operations in Naples and Ft. Myers, Florida. Discussions are currently underway with prospective licensees for other markets.

IMS CEO Don Mardak commented: "Recently we announced our commitment to organic growth of the IMS Barter Network. Now, in addition to hiring sales people who will help us expand our existing markets, we have created an Independent Broker Licensing Division. This will allow us to offer business opportunities to other entrepreneurial-minded people who are interested in building an IMS barter-brokerage office in their local areas."

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.