IMS Acquires Trade Exchange
Serving Kentucky/Tennessee Clients
International Monetary Systems (OTCBB:INLM),
which serves 17,000 customers in 48 U.S. markets, has procured the
assets and client base of Synergy Trade Exchange, a barter network
serving clients in Louisville (KY) and Nashville (TN).
The acquisition will eliminate a competitor of
the New Berlin-based commercial barter services firm, which operates
a Louisville office. Business for that office will nearly triple as
a result of the deal, IMS reported. Terms of the transaction, the
company's third in the past six weeks, were not disclosed.
�Combining the Synergy Trade
Exchange members with ours will make International Monetary Systems
the dominant barter system operating in northern Kentucky,� said CEO
Don Mardak.
