IMS Barter Charity Golf Outing Nearing Million Dollar Donation Mark

NEW BERLIN, Wis.--(BUSINESS WIRE)--International Monetary Systems, Ltd. (OTC BB: INLM), a worldwide leader in corporate and consumer barter services, today announced its recent sponsorship of the Jimmy Crum “Labor of Love” Charity Golf Outing held at The Little Turtle Country Club in Columbus, Ohio on October 6^th 2008.

The annual event, which was established in 1991, raises money for several Ohio-based charities: The Ohio Special Olympics, Recreation Unlimited and Easter Seals. To date, the Labor of Love event has raised $ 960,000 for the charities, all of which has been donated in IMS trade dollars through International Monetary Systems.

Barb Martin, National Sales Manager for IMS and Event Coordinator, commented: “This is an extraordinary event in the Ohio area. Not only does it provide incredible support to important charities, it shows the wonderful charitable opportunity made possible with trade dollars. These charities use their IMS trade dollars for expenditures normally requiring cash, such as t-shirts, housing, pool maintenance, upkeep of camping facilities, printing and more.”

Dr Gordon Gee, President of the Ohio State University, was the honoree for the event this year, receiving the Labor of Love Award for his philanthropic effort throughout the Columbus community and internationally. Among the special guests were 20 former Ohio State sports stars including Jim Karasatos, Rick Smith, Obie Stilwell, Tony White, Tim Williams, and Dan Stultz. Martin added: “But everyone knows that the most honored guests are the children from the various charities who attend the lunch.”

Don Mardak, CEO of IMS, commented: “This is a cherished event that IMS is immensely proud to sponsor and support. Many thanks go to the team in our Columbus marketplace and certainly to the generous members who have donated their time, trade dollars, and their products and services to make the event a success.”

Past Labor of Love honorees include: Wendy's Dave Thomas, the "First Lady of Golf" Barbara Nicklaus, John H. McConnell, Jim Lashey, Jim Luck, Paula Spence, Clark Kellogg, Archie Griffin and other notables.

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 18,000 businesses 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. The company's proprietary transaction clearing software, Trade Network Tracking (TNT) System, enables businesses and individuals to trade goods and services online using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and connect to new customers by incorporating barter opportunities in their business models. Further information can be obtained at the company's Web site at: www.imsbarter.com.

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