International Monetary Systems Launches Revolutionary Online Barter Interface

Wed May 21, 2008 1:23pm EDT
 
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NEW BERLIN, Wis.--(Business Wire)--
International Monetary Systems, Ltd. (OTCBB: INLM), a worldwide
leader in business-to-business barter services, today announced the
launch of several newly developed online modules that provide
unprecedented information and access to its North American barter
network. The modules, launched under the domain www.imsbarter.com,
include a new online barter e-commerce platform for members to buy and
sell goods with IMS trade dollars, a "Try It" feature that enables
non-members to view member information before joining, and a "Watch
How It Works" instructional four-part web video.

   In discussing the additions, Don Mardak, CEO of IMS, stated: "Our
new online barter marketplace enables B2B barter e-commerce like never
before. Quite simply, it is the largest online marketplace for goods
that are available for 100% IMS trade dollars. Member businesses can
post their goods for sale just as they might on other popular
e-commerce sites such as E-Bay (NASDAQ: EBAY) and Overstock.com
(NASDAQ: OSTK). They can also search and purchase goods from the
network using their IMS trade dollars - all online, all barter, all
B2B. We are confident that the new marketplace will create another
invaluable link to promote how IMS saves cash and attracts new
customers for our 18,000 business members."

   Simultaneous with the launch of the new marketplace is a
revolutionary feature that enables non-members to view member
information. Krista Vardabash, IMS' Director of Marketing, commented:
"The barter industry has typically been very guarded with the sharing
of member information; yet it is that very information that measures
the value of the barter network. With our 'Try It' feature, people
interested in joining IMS can get an idea of the member businesses
with which they can trade in their immediate area, or across the
continent."

   Additionally, a four-part web video that explains how IMS helps
businesses save cash, attract customers and increase sales will now be
accessible online. "The direct barter concept is easy for businesses
to understand, while modern-day barter through IMS is much more
dynamic and offers several layers of benefits," said John Strabley,
IMS' Executive Vice President. "The 'Watch How It Works' video series
is another tool that explains the value of the IMS barter network in a
clear, concise way."

   About International Monetary Systems

   Founded in 1985, International Monetary Systems (IMS) serves
18,000 customers representing 23,000 cardholders in 50 North American
markets. 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. Using an electronic currency known as trade
dollars, the company's proprietary transaction clearing software
enables businesses and individuals to trade goods and services online.
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: www.imsbarter.com.

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

Copyright Business Wire 2008

 

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