International Monetary Systems Schedules Annual Shareholder Meeting

New Berlin, Wis., May 20, 2008 -- 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 17, 2008 at the Sheraton Milwaukee Brookfield Hotel. The meeting will begin at 2:00 PM Central Daylight Time. Shareholders of record on May 1, 2008 will be eligible to re-elect three directors, to ratify Webb & Co. P.A. as the Company’s auditors of its 2008 financial statements, and to vote on any other business that may be presented.

Don Mardak, CEO of IMS, stated: “This meeting, although routine in many ways, will also include a segment that highlights the team and tools that IMS has invested in over recent months. We are proud to present the people and the work they’ve accomplished on behalf of IMS. I am confident that shareholders will benefit from learning directly from our team members about significant infrastructure upgrades recently released and other strategic initiatives.”

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 18,000 customers representing 23,000 cardholders in 50 North American markets including Canada. Based in New Berlin, Wisconsin, and managed by seasoned industry veterans, IMS is one of the largest publicly traded barter companies in the world and is continually expanding its network by adding exchange locations. The company's proprietary transaction clearing software enables businesses and individuals to trade goods and services online throughout North America, using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and attract new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's website at: IMS Barter.

Contact:

International Monetary Systems, Ltd., New Berlin, WI
Krista Vardabash, (888) 783-4636, ext. 19
go-ims@imsbarter.com
http://www.internationalmonetary.com

Source: International Monetary Systems, Ltd.