IMS Activities Taking Place On Many Fronts

International Monetary Systems (IMS) has acquired Southern Barter Exchange’s clients, adding to its Continental Trade Exchange network. A definitive agreement was reached with President Kenn Flemmons, of the Memphis (TN) firm, who, according to IMS’ Don Mardak, runs one of the finest trade exchanges in America. (This transaction does not include Flemmons’ SBE operation in Little Rock, Arkansas.)

Master Trade Barter Systems of Los Gatos (CA) has been procured as well. CEO Don Mardak, says this is a strategic acquisition for IMS as it strengthens their presence in the dynamic Silicon Valley market. The company now has over 2,000 members in Northern California.