IMT grew from a chance meeting between two old friends; each with a very different backgrounds to the other. Charles McDonald, a broadacre farmer with a range of agribusiness interests and Reg Court, an exploration industry technologist, met up after a severe rainfall event had caused serious failures in water management systems around Bauhinia Downs in Central Queensland.

In the course of the meeting and a subsequent evaluation of damage, Charles expressed his frustration at being unable to access affordable technology solutions that would allow him to make informed resource management decisions. Reg felt he could solve some of Charles's problems by modifying technologies he was using in exploration and transfer them to Agriculture.

The outcome of this meeting was a series of trial surveys using a range of different technologies over an 18 month period on "Cowandilla", a 7,000 acre broadacre farm near Moura in Central Queensland. The initial aim of these surveys was to demonstrate the technologies in a farming context and subsequently develop processes to minimise cost. Trial work was monitored by the Queensland Department Of Natural Resources, leading regional agronomists and local growers, all of whom encouraged Charles and Reg to commercialise the various processes they had trialed.

IMT was incorporated and commenced operations in September 1999.

In December 1999, the Company recognised that the specialised GPS surveying system purpose built for its mapping and tramlining work had the potential to form the GPS "engine" for an advanced machinery control system. Reg and Charles developed an alliance with SatFarm Pty Ltd to test their concepts and to later develop such a system. SatFarm has now largely completed development, a prototype is operational and commercial release of products is planned for late 2001. The system has a range of fundamentally new features and attributes that link with IMT mapping and remote sensing products.

An alliance with Rural Property Design (RPD) was developed in May 2000 to deliver farm planning services based around IMT mapping and remote sensing products.

Since incorporation of IMT, the Company has worked closely with Exploration & Geospectral Services Pty Ltd (EGSS) to develop a range of remotely sensed products for natural resource management, crop management and specialised decision making support for agri-commodity marketing. It is anticipated IMT & EGSS will jointly form a specialised agriculture focussed remote sensing business later this year after completion of several large scale trial surveys.

The products and services of IMT and its associates are currently delivered through IMT. IMT is developing a series of agency arrangements with major rural businesses that will provide direct grower contact and product outlets in some 56 towns throughout Eastern Australia.

As agency arrangements are put in place, IMT will commence operating specialised workshops for agronomists, growers and Landcare Groups. IMT and associated Companies are continuing to develop and expand their range of services and products through ongoing Research and Development, on farm trials and feedback from both growers and agronomists.