Message #37 From:
NewsBot Date: December 14, 2006 08:30:00 AM
INLM News International Monetary Systems Announces Metrics for November; Company's Trade Volume Exceeds $11 Million
NEW BERLIN, Wis.--(BUSINESS WIRE)--International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in
business-to-business barter services, today provided its sales volume
and revenue figures for November. The Company had record revenue and
trade transactions, plus a high level of new-client enrollments. The
November 2006 results are:
Trade volume for the month totaled more than $11 million. (This figure
represents sales only — just one side of the
transactions.) In November of 2005, trade volume was $6,100,000. The
2006 amount is an increase of 80% over the same period last year.
Gross revenue billed was nearly $1.2 million, compared to just
$696,000 for November of last year, a 72% increase.
195 new clients were enrolled into the barter network in November of
2006. This was the second highest total in company history.
About International Monetary Systems
Founded in 1985, International Monetary Systems (IMS) serves more than
15,000 customers representing 22,000 cardholders in 40 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.
