International Monetary Systems Announces Sales Totals for June
Trade Volume Increases 104%
New Berlin, Wis., July 25, 2007 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today provided its sales volume and revenue figures for June. As has been the case for the past six months, the company had substantial increases in gross revenue, trade volume and client enrollments. The June 2007 results are:
- Trade Volume for the month totaled more than $9.4 million. (This amount represents sales only -- just one side of the transactions.) The total represented an increase of 104% over the $4.6 million in trade volume processed in June of 2006.
- Gross Revenue billed was $1.1 million compared to $615,000 for June of last year, a 79% increase.
- New-client enrollments once again were strong, with 262 new members joining the barter network in June of 2007, an increase of 157% over the 102 new members signed up in June of last year.
The totals listed above are taken from the company's internal records and have not been audited. International Monetary Systems will soon be filing its first quarter 10-QSB report.
About International Monetary Systems
Founded in 1985, International Monetary Systems (IMS) serves more than 16,400 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.
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