International Monetary Systems, Ltd. (OTCBB: ITNM), a worldwide leader in business-to-business barter services, today announced that it has entered into a definitive agreement to acquire certain assets of National Commercial Exchange of St. Louis, MO (NCE).

As one of the oldest trade exchanges in North America, NCE is the leading barter network in the St. Louis marketplace.

IMS Chairman, Don Mardak, stated, “We are extremely pleased to announce this acquisition of National Commercial Exchange. As founders of NCE, Richard Harris and his late brother Bruce created one of America’s finest trading systems with a strong barter currency. Richard is a past president of NATE, the National Association of Trade Exchanges and served several years on the association’s board of directors. He will be joining IMS to oversee the St. Louis operation and to help us develop a program for entering new markets.”

Richard Harris commented, “Don Mardak and the members of the IMS management team have been my friends for many years. We have been active reciprocal trading partners and have shared numerous enlightening and profitable experiences throughout our long relationship. This merger of our two fine companies should enable us to take barter to a new, higher level of excellence.”