January 1, 1996

IPRC Established, R&D on Microwave Separation Technology, Pilot

April 1, 1996

Publicly Traded On OTC, Stock Symbol IREC

July 1, 1996

Move MST to Houston, TX for demonstrations

December 1, 1996

New MST Applicator Developed

February 1, 1997

Field trial in Kilgore, TX

June 1, 1998

MST Demostration At Mobil Refinery ( Torrance, CA)

May 1, 1999

Contract Awarded For Torrance Refinery

June 1, 1999

US Patent 5,914,014 Awarded - Filing Date: Sep 23, 1997

June 1, 1999

US Patent 6,077,400 Awarded - Filing Date: Apr 21, 1999 (method)

October 1, 1999

IPRC/Mobil Sign 2 Year Exclusive Worldwide Marketing Agreement

June 1, 2000

US Patent 6,086,830 Awarded - Filing Date: Apr 21, 1999 (apparatus)

August 1, 2000

Demonstration At ExxonMobil Hawkins Facility

October 1, 2000

Demonstration At Suncor Oil Sands

December 1, 2000

Kellogg Brown & Root MST Bid Offered For Chad Project

July 1, 2001

Kellogg Brown & Root/ESSO Grant IPRC Chad Contract

March 1, 2003

Bilge Water R&D

December 1, 2003

Chad ESSO MST, Factory Acceptance Test and Shipped

January 4, 2004

New Chairman/CEO & CFO Recruited (Alan B. Springer & Edward Gaiennie)

February 4, 2004

Chad ESSO MST, Commisioned On Site (ready for production)

June 27, 2005

Development and Manufacturing of MST 150 (self contained mobile unit).

June 27, 2005

Design and Engineer Biodiesel Plant

June 27, 2005

Patent submitted for biodiesel and bilge microwave treatment

June 27, 2005

"Strategic Marketing, Manufacturing and Technology Agreement" signed with Shaw Stone and Webster Management Consultants