International Monetary Systems Schedules Annual Shareholder Meeting, Increases the Size of Board of Directors

New Berlin, Wis., May 14, 2007 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today announced that it has scheduled its annual shareholder meeting for Tuesday, June 12, 2007, at Milwaukee's lakefront Art Museum. According to the proxy statement filed on May 11, shareholders of record on April 30, 2007, will be eligible to re-elect three directors, to ratify Webb & Co. P.A. as auditors of its 2007 financial statements and to vote on any other business that may be presented.

The firm also announced that it has added Stephen Webster to its board of directors. Webster was the former owner of Alliance Barter, Inc., the most recent acquisition of IMS.

CEO Don Mardak commented: "We are very pleased to once again conduct our annual shareholder meeting at this beautiful setting on Lake Michigan in the Calatrava wing of the Milwaukee Art Museum. All attendees also will be offered complimentary tickets to tour the museum. Equally important, it gives me great pleasure to welcome Steve Webster to our board of directors. Steve brings a wealth of knowledge and experience in the barter industry. He is the only person who has served as president of both industry associations, NATE and IRTA, and he is a member of the Barter Hall of Fame."

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves more than 16,000 customers representing 24,000 cardholders in 44 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., New Berlin, WI
John Strabley, 800-559-8515
http://www.internationalmonetary.com

Source: International Monetary Systems, Ltd.