International Monetary Systems Receives Equity Investment

The company plans to use the funds as working capital for their concentrated efforts in expanding the IMS barter network with new members, continued establishment of best practices and further infrastructure improvements and upgrades.

Don Mardak, CEO of IMS commented: “We are grateful for the confidence that Praetorian Offshore continues to place in our company. 2007 was a year of historic growth for IMS. We instituted a series of best practices that supported our record membership growth, we increased trading across all of our markets, and we strengthened our internal team. We intend to continue and also add to these successes in 2008.”

About International Monetary Systems

Founded in 1985, International Monetary Systems (IMS) serves 17,600 customers representing 23,000 cardholders in 49 North American markets including Canada. 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 enables businesses and individuals to trade goods and services online throughout North America, using an electronic currency known as trade dollars. The IMS network allows companies to create cost savings and attract 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