IMS Announces 111% Trade Volume
Increase For March
International Monetary Systems (OTCBB:INLM),
which serves more than 16,000 customers in 44 U.S. markets, provided
the following sales volume and revenue figures for March, 2007:
-
Trade volume for the month totaled more than $9.5 million (for
sales only). Compared to trade volume of $4.5 million in March
of 2006 this is an increase of 111%.
-
Gross revenue billed was more than $1.1 million compared to
$564,000 for March of last year, a 95% increase.
-
New client enrollments established another high with 289 new
members joining the barter network. This was fifty more than
last month�s record, and nearly triple the 97 signed up in March
of last year.
Don Mardak, CEO of IMS, commented, �It is
becoming apparent that our sales figures in all categories will show
substantial increases during 2007. Our expanded sales force is
enrolling new members at historic levels for the barter industry.
�And our trade volume and gross revenue have
increased nearly 100% for the first quarter. These numbers once
again validate our long-term strategy of strong organic growth
coupled with the acquisition of strategically located trade
exchanges.�
For further information go to
www.internationalmonetary.com.
