NEW BERLIN, Wis., July 19, 2005 (PRIMEZONE) -- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in corporate and consumer barter services, today announced the availability of a rare online interview with its CEO Don Mardak. Sharing his thoughts about successful business strategies and the increasing popularity of the cashless system for business, Mardak was interviewed by AudioStocks.com, a financial information portal targeted at industry professionals and interested investors.
"I've known it for a while now, and more business owners are learning it everyday, that barter is a very valuable tool. The benefits of this cashless monetary system are tremendous. We just announced that our revenues for June 2005 are up 48 percent from last year. This is evidence of how more and more business owners are discovering how to leverage their membership in our cashless network and grow their business," said Mardak.
To listen to the interview, visit www.audiostocks.com. AudioStocks.com is an Internet based publishing platform designed to create, catalogue, distribute and make functional, financial content and data related to that content.
About International Monetary Systems, Ltd.
Founded in 1989, International Monetary Systems, Ltd. (IMS) serves more than 8,500 customers representing 14,000 cardholders in 31 U.S. markets. Based in New Berlin, WI, 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 Barter Association National Currency (the BANC). Further information can be obtained at the company's Web site at: www.internationalmonetary.com.
This news release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding our ability to leverage our licensing model with new technologies and the potential for future technology acquisitions. Risks and uncertainties that could cause results of operations to differ materially from those projected include lack of market acceptance of our technologies, underestimating the length of time required to develop sufficient licensing revenue to create a net profit, and other uncertainties described from time to time in our documents filed with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB for the year-ended December 31, 2004. These forward-looking statements represent our beliefs as of the date of the press release and we disclaim any intent or obligation to update these forward-looking statements.