Message #39 From:
NewsBot Date: January 8, 2007 06:00:00 AM
INLM News International Monetary Systems Announces Successful Conclusion to Series of Barter Expos
NEW BERLIN, Wis.--(BUSINESS WIRE)--International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in
business-to-business barter services, today announced that its recently
concluded series of barter expos produced record results. Trade volume
of $2.4 million (one side only) was transacted at the holiday shows,
which were held in Illinois, Wisconsin, Ohio, Connecticut, New York,
Tennessee, California, Nevada and Colorado.
In discussing the results of these events, John Strabley, executive vice
president of IMS, stated: "I can’t give
enough credit to our dedicated employees who put such a tremendous
effort into helping us make these annual expos so successful. Our trade
volume last year was $1.7 million, so this represents an increase of
more than 40%. And equally impressive was the quality of products that
were offered by the hundreds of clients who exhibited at these events. I
don’t believe that any trade exchange has ever
had so many hard goods on display. Our clients were able to use their
trade dollars to purchase major appliances, automobiles, snowmobiles,
computers, HDTV and plasma TV sets, and a host of other desirable
products.”
Fueled by these barter expos, International Monetary Systems expects to
soon announce record sales figures for the fourth quarter of 2006.
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.
