In order to analyze the reliabilities of the fuzzy systems, the reliabilities of the components in the fuzzy systems are represented by real values between zero and one, fuzzy numbers, intervals of confidence, vague sets, interval valued fuzzy sets, etc in the conventional researches. In this paper, we propose a method to represent and analyze the reliabilities of the fuzzy systems based on the interval valued vague sets defined in the universe of discourse [0, 1]. In the interval valued vague sets, the upper bounds and the lower bounds of the conventional vague sets[12, 14] are represented as the intervals. Therefore, it can allow the reliabilities of a fuzzy system to represent and analyze in a more flexible manner. Because the proposed method uses the simplified arithmetic operations of the fuzzy triangular numbers rather than the complicated of the fuzzy trapezoidal numbers mentioned by Kumar[14], the execution of the proposed method is faster than the one.