• ADPUSH
AdPush is a complete web based answer to rotating banners on your site. - Free 1-tier affiliate program.

• BannerCo-op
BannerCo-op.com is a true banner exchange co-operative offering 4 unique affiliate options. The co-op provides its members with a 1:1 exchange + cash and affiliates are rewarded an ongoing residual percentage of all the click throughs.

• BannerParade
Banner Exchange offering incredibly powerful targeting abilities. Preferred members receive 1500 free credits each month, 5 credits on click-throughs, and a 3:2 display ratio. All new members get 50,000 FREE credits when they join.

• BannersGoMLM
At BannersGoMLM.com, not only do you get a full ONE to ONE exchange on visitors to your own site, you'll also get 10% of all impressions generated by anyone who joins BannersGoMLM.com "through" you. 5-tier, your payment = impressions.

• Caged Services Free Banner Exchange
Free banner exchange giving up to 10,000 free impressions, 3-2 ratio, 468x60 banners. Free 1-tier affiliate program.

• ClickSupply - Free Clicks
You place FreeClicks HTML code and agree to display banner for members of the ClickSupply network, and FreeClicks members in turn display your banners and send guaranteed clicks and visitors to your website. 4:3 ratio, your earning = impressions.

• Free Banner Exchange
Banner Exchange Promote your site with free advertising. Swap banners with other members of the banner network.

• Microsoft bCentral's Banner Network
bCentral.com lets you earn free advertising on the bCentral network for referring new sites to us, which has about 200,000 member sites. 2:1 exchange ratio, your earning = impressions.