NEW BERLIN, Wis.–(BUSINESS WIRE)–International Monetary Systems, Ltd. (OTCBB:INLM), a worldwide leader in business-to-business barter services, today reported increases in sales volume and revenue for December.
- Trade volume for the month exceeded $12.2 million, an increase of 4% over $11.7 million in December of 2006. (IMS trade volume is reported by sales only — just one side of the transactions.)
- Gross revenue billed was $1.4 million compared to $1.1 for December of last year, a 27% increase.
- New-client enrollments also were strong with 249 new members joining the barter network in December. This was an increase of 60% from the 155 new members signed up in December of 2006.
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.
