International Monetary Systems Announces Sales for August
Revenue increases 91%, with record new-client enrollments
New Berlin, Wis., September 24, 2007 -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today provided sales volume and revenue figures for August. Following the pattern for most of this year, the company had substantial increases in gross revenue, trade volume and client enrollments. The August 2007 results are:
- Trade volume for the month totaled more than $8.6 million (This amount represents sales only -- just one side of the transactions). The total represented an increase of 81% over the $4.7 million in trade volume processed in August of 2006
- Gross revenue billed was $1.2 million compared to $628,000 for August of last year, a 91% increase. The August revenue also was $100,000 higher than the average gross revenue for the previous four months of this year.
- New-client enrollments set an all-time record, with 320 new members joining the barter network in August of 2007. This represented an increase of 68% over the 190 new members signed up in August of last year.
About International Monetary Systems
Founded in 1985, International Monetary Systems (IMS) serves 17,000 customers representing 24,000 cardholders in 47 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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