International Monetary Systems, Ltd. Settles Disputes with Rubin Investment Group, Inc

Business Wire, Oct 1, 2004

NEW BERLIN, Wis. -- International Monetary Systems, Ltd. (OTCBB:INLM) - (the "Company"), a worldwide leader in corporate and consumer barter services, today announced that it has reached a mutual agreement with Rubin Investment Group, Inc. ("RIG"), Dan Rubin and certain former RIG employees to settle their outstanding disputes. The disputes involved a Stock Purchase Agreement and an Investment Banking Evaluation Agreement between the Company and RIG.

In connection with the settlement, the Company and RIG exchanged mutual releases of all claims and the Company dismissed its pending legal action against RIG, Mr. Rubin and the other RIG employees. The remaining terms of the settlement are confidential.

About International Monetary Systems

Founded in 1989, International Monetary Systems (IMS) serves more than 7,000 customers in 24 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 companies 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 Barter Association National Currency (the BANC). Further information can be obtained at the company's Web site at: www.internationalmonetary.com.