International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today provided its sales volume and revenue figures for September. The month produced the company’s highest revenue total for the year and the greatest percentage increase month-to-month over 2006. There also were substantial increases in trade volume and new-client enrollments. The September 2007 results are:
- Trade volume for the month totaled more than $8.5 million. (This amount represents sales only — just one side of the transactions.) The total represented an increase of 118% over the $3.9 million in trade volume processed in September of 2006.
- Gross revenue billed was $1,355,000, compared to $523,000 for September of last year, a 159% increase. The September 2007 revenue was the highest monthly total for the year, up $150,000 over the amount reported in August.
- New-client enrollments also were strong with 280 new members joining the barter network in September of 2007. This represented an increase of 100% over the 140 new members signed up in September of last year.
The totals listed above are taken from the company’s internal records and have not been audited.
About International Monetary Systems
Founded in 1985, International Monetary Systems (IMS) serves 17,000 customers representing 25,000 cardholders in 49 U.S. markets. Based in New Berlin, Wisconsin, 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.
International Monetary Systems, Ltd., New Berlin, WI
Krista Vardabash, (888) 783-4636, ext. 19
http://www.internationalmonetary.com