IMS Appoints Former IRTA Executive Director.NEW BERLIN, Wis. -- International Monetary Systems, Ltd. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :INLM), a worldwide leader in business-to-business barter services, today announced the appointment of former International Reciprocal Trade Association (IRTA IRTA Institut de Recerca i Tecnologia Agroalimentà ries (Institute of Agricultural-Alimentary Research and Technology) IRTA International Reciprocal Trade Association IRTA Illinois Retired Teachers Association ) Executive Director Krista Vardabash as Director of Marketing and Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most . Ms. Vardabash served as Executive Director of IRTA -- the only international trade association for the barter trade industry -- for seven years. Prior to her service to IRTA, she maintained a successful business planning business in the northeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Ms. Vardabash was recently recognized for many successes at IRTA, including strengthening the Universal Currency network, establishing the IRTA brand worldwide, and leadership and commitment through a challenging period of change. "I look forward to being a part of a team that has already made significant strides towards uniting and standardizing the trade exchange industry. This was always a focus during my tenure with IRTA. This is a great opportunity to have a more direct impact on that goal and to elevate the industry overall." IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Don Mardak added, "We are very pleased to have Krista Vardabash bring her many talents to our executive team. She is one of the most respected people in the barter industry. Krista has already helped us create a comprehensive five-year business plan that outlines the IMS vision and critical areas of success. Going forward, she will also be active in the marketing and branding of International Monetary Systems, as we continue to expand upon our position as the unequaled leader in our industry." About International Monetary Systems Founded in 1985, International Monetary Systems (IMS) serves 17,000 customers representing 24,000 cardholders in 47 U.S. markets. Based in New Berlin, Wis., IMS is one of the largest publicly traded barter companies in the world and is continually expanding its exchange locations. The company's proprietary transaction network enables businesses and individuals to trade goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. throughout North America. Using an electronic currency known as trade dollars, IMS exchanges allow companies to create cost savings and to improve operations by taking advantage of barter opportunities in their business models. Managed by seasoned industry veterans, IMS is a recognized member of the National Association of Trade Exchanges (NATE NATE National Association for the Teaching of English NATE National Association of Tower Erectors NATE North American Technician Excellence, Inc. NATE National Association of Trade Exchanges (Mentor, OH) ) and the International Reciprocal Trade Association (IRTA). Further information can be obtained at the company's Web site at: www.internationalmonetary.com. |
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