1For1 New service! If you join now,you will receive 100 credits and 1:1 ratio!! Banner size is 468x60(12K). But they recommand you place their HTML  code on the top of your web page.Targeted advertising is OK!

Bannerexpress Banner Dimention is 400x50 Pixels(10K), Animation is OK. All banner on there exchange recieve equal exposures, regardless of how many visitors you have to your site. And multiple banners are permitted(This means You may submit upto three different banners for rotation within the exchange)

BannerMall A new banner exchange, BannerMall gives you two banner views for every three times you display their banner(3:2 Ratio).Two banner sizes: 400X40 pixels and 468X60 pixels. Currently, you will get 1,500 banner view credits when you join.

Bannernetwork ATTENTION!! when you join now, you will recieve 2000 free banner exposures for your site. WOW!! Why give up this great bonus? And Display Ratio is 3:2(This means that You get 2 exposures of your banner for every 3 banners displayed on your site). Banner size is 400 pixels wide by 40 pixels high or 468 X 60.(Selection).

Bannerswap Banner Dimention is 400x50 Pixels(8K), Animation is OK. 2:1 Ratio. This service is hard to use(especially, Banner Upload). Their service is changing.

Clarkeweb(LinkMe) First of all,when you join, you will recieve 100 free credits. Banners must be 400 by 40 pixels in size(under 8K). Animation is OK. Display Ratio is 4:3 and they will give you four credits for every time that one of their banners is clicked on your site.

ComeVisit Banner Dimention is 400x40 Pixels(Less than 8K). But, this service is not permitted Animated Banner. Display Ratio is 2:1.

Cyberlink Banner Dimention is 400x40 Pixels(Less than 7K). Animation is OK. Display Ratio is 2:1(You get one exposure of your banner for every two banners displayed on your site).

Creatsite 400 pixels wide by 40 pixels high(no more than 10K in file size). Animation is OK. Display Ratio is 2:1.

Eurobanner Banner Dimention is 400x40 Pixels(Less than 12K,Animated Banner is OK).

Exchange-it Upon joining you recieve 100 free credits(Sound good). 400 pixels wide by 40 pixels high(under 8K). Animation is allowed. Standard Display Ratio is 2:1(But, If their banner is the only one you display on your site, or it's shown above all other banners, then you qualify for the 3:2 ratio). And You can submit upto three banners for rotation within the system(Multiple Banners).

FastExchange Another big banner(468x60,Less than 10K). This service support multiple Banners. Ratio is 2:1.

Findlink 400x40 Banner Dimension(Under 8K). But, this service is not permitted Animated Banner. 2:1 Ratio.

Hitexchange Very similar to LinkExchange,but they say"Don't be fooled!" HitExchange is generous to every site because they don't sell out to paid advertisers.They show members' banners 100% of the time. 3:2 ratio, BUT as more people click on the banners being shown at a site, that member will receive a higher exchange ratio.Three banner sizes are available: 400x40, 400x50, and 468x60 (width by height, in pixels). I like their COFIDENCE and EFFORT for their members!! Compare to other banner exchanges!!

Hotbanners 400 pixels wide by 40 pixels high(no more than 12K in file size). Animation is OK. Display Ratio is 2:1.

Hotswap 400x40 Banner Dimension(Under 8K). But, this service is not permitted Animated Banner. 2:1 Ratio.

IntelliClicks Join IntelliClicks and they'll start you off immediately with 1,000 FREE advertising credits. When you submit your banner, you have the option of associating sound clip(s) with your banner.  The sound clip(s) are played when a visitor moves their mouse over your banner.  This is designed to increase your click through rate by stimulating the visitors visual and auditory senses simultaneously. This is very unusual!! And Banners of almost any size and shape are accepted.  FreeZone is testing this service, and will update in next month(March)!!

JankeWeb Another big banner(468x60,Less than 10K). Animated Banner is OK. You get one exposure of your banner for every two banners displayed on your site(2:1 Ratio).

Linkbuddies Big banner(468x60,Less than 10K), Linkbuddies do not display their Logo Button or Link on the banners. Display Ratio is 2:1(Standard), but LinkBuddies has a special ratio of 4:3 if you display their banner at the top of your page. On joining this exchange you receive 500 free credits. Sound Great!!

LinkExchange This banner service is the biggest and the most widely used. Banners must be 400 X 40 pixels in size(7K), But LE recently started a "Deluxe" program, which requires a larger (468X60) banner that must "be placed on the first screen view of the pages they are on." In exchange, LE says you'll get better exposure and "increased visibility" among other advantages. Animated Banner permitted. Ratio is 2:1.

Linkmedia 400x40 Banner Dimension. But, this service is not permitted Animated Banner. 2:1 Ratio.

Linko Korean Site(My country). This is the most famous in Korea. 400 pixels wide by 40 pixels high(no more than 8K in file size). But, Animated Banner is not permitted. Display Ratio is 2:1.

Linktower You should have a .GIF banner with a size of at least 350 X 40 (468 X 60 maximum) and no bigger than 9K in file size, temporarily uploaded to your server (animated banners accepted).You earn 1/2 credit each time a banner is displayed on your site and every full credit you earn gives you one viewing of your banner on another members web site.

Linktrader Banner Dimention is 400x50 Pixels(Less than 7K - slightly awkward). Animation is OK, but it's impossible to create any meaningful animation.(How can with 7K?). The standard display ratio is 10:7, this is if you display their banner on or near the top of you page. This service provide Multiple Banners.( A nice feature of this exchange is the ability to submit multiple banner (up to 3) for rotation)

Logiclink Another big banner(468x60,Less than 12K). Animated Banner is OK. You get one exposure of your banner for every two banners displayed on your site(2:1 Ratio).

Meysoft 400 pixels wide by 40 pixels high. Animation is not permitted. Display Ratio is 2:1.(Similar to 123banners)

Moreprofits 400x40 Dimension(Under 10K, Animated Banner is OK). 2:1 Ratio.

Narrow 410x70 Banner Dimension(Strange?). Less than 12K. Animation is OK. 2:1 Ratio.

Net-on They provide Multiple languages. Your banner has to be 468 pixels wide and 60 pixels high and maximum 20k in file size. Normal member's Ratio is 2:1, but If you place the banner ad on your site near the top of the page (Top Member, top 480 pixels), you can earn more credits(5:3~5:4).

Nexus They accept banners of varying sizes(400x40 or 400x50. Less than 10K). Animated Banner is allowed, 2:1 ratio.

Paramount This banner exchange accepts banners that are a larger-than-average 450 pixels wide and 70 pixels high and no larger than 14K in size(the largest banners on the internet). GIF animation is OK. 2:1 Ratio.

Pegasoweb Banners must be 400 by 40 pixels in size(under 10K). Animation is OK. Display Ratio is 9:8.

PBN Banner Dimention is 400x50 Pixels(Less than 10K,Animated Banner is OK). Their Logo button is also animated(50x50).Ratio is 2:1(You get one exposure of your banner for every two banners displayed on your site).

Powerbanner Upon joining, you recieve 50 free credits(Sound good). 400x40 Dimension(Under 7K, Animated Banner is Not allowed). 2:1 Ratio.

PSV-world 400x40 Dimension(Under 7K, Animated Banner is not permitted). 2:1 Ratio.

Resource-marketing Banners must be 400 by 40 pixels in size(under 7K). But, Animation is not. Display Ratio is 2:1.

Smartclicks Along with Link Exchange, SmartClicks is one of the Web's most reliable banner services. At SmartClicks, they will automatically take note of the sites with the best click thru response to your banner, and show your banner on these kinds of sites more often. Display Ratio is 2:1.SmartClicks recently recently made a number of major revisions and upgrades to their service. Notable among these is their new banner size, which has gone from 400 by 50 pixels to 468 by 60 pixels.

Shout-ads New banner service that allows you to either earn advertising credits or cash(0.02$/Click). 480x40 Dimension(Under 8K, Animated Banner is OK). 2:1 Ratio

TrafficX There are three banner sizes which this exchange now supports. 468x60, 400x40 and 81x33(Under 10K). And Display ratio is 2:1 but, not impression,only click. For example, if two people click on a trafficX banner on your site, you're banner will be shown until one person clicks on it. And multiple banners are permitted(You can submit as many banners as you like for displaying on the exchange). This new banner service "guarantees" traffic for you.

WDD Banner Their standard display ratio is 1:1(Sound Great?). Banners must be 400 by 40 pixels in size(under 8K). Animation is OK. Try this new service!!