2008-06-19 23:54:07 -
- International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, announced today that all issues requiring a vote at the company's annual shareholder meeting were overwhelmingly approved by an affirmative vote of 99.7%
Directors Wayne Emmer, Wayne Dalin and Donald Mardak were reelected to three-year terms and Webb & Company, PA was ratified as auditors for
the company's 2008 financial statements. Wayne Emmer is the president of Illinois Cement Co., Wayne Dalin is a CPA and former partner in the accounting firm of Dalin, Lindseth & Co., and Don Mardak is the president and CEO of IMS.
CFO Danny Weibling and other board members reviewed IMS' financial results for the past year and outlined their vision and plans for the future.
In addition, members from IMS' Management, Sales, Brokering, Marketing, and IT departments provided a 'Team and Tools' presentation covering the progress and projections of these critical national operations. The presentation included a showcase of newly released projects including various features to the imsbarter.com website, the new online marketplace, and their proprietary barter commerce management clearing system: TNT, the Trade Network Tracking System.
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
www.internationalmonetary.com