INFORMATION MANAGEMENT TECHNOLOGIES CORPORATION
                      PROXY SOLICITED BY BOARD OF DIRECTORS
            FOR THE ANNUAL MEETING OF STOCKHOLDERS, December 18, 1997

The undersigned hereby appoints Matti Kon, and/or Joseph A. Gitto, Jr., 
and/or Harry Markovits and each of them, as proxies, with the powers the 
undersigned would possess if personally present, and with full power of 
substitution to vote all common shares of the undersigned in Information 
Management Technologies Corporation at the Annual Meeting of Stockholders
to be held at the Company's Offices, 130 Cedar Street, New York, NY 10006
on December 18, 1997, beginning at 10:30 a.m., and at any adjournment 
thereof, upon all subjects that may properly come before the meeting. Please
sign and date the reverse side of this card. If no directions are given, the
proxies will vote: for the election of the nominees listed below; in accord
with the Directors recommendations on the matters listed below and described 
in the enclosed proxy statement; and at their discretion on any other matter
that may properly come before this meeting.

           THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR
1. ELECTION OF THREE (3) DIRECTORS. /  / FOR all nominees listed below (except
                                        as marked to the contrary below)

                                  /  /  WITHHOLD AUTHORITY to vote for all
                                        nominees listed below.

   Matti Kon, Joseph A. Gitto, Jr., Harry Markovits

     TO WITHHOLD AUTHORITY TO VOTE FOR ANY INDIVIDUAL NOMINEE, WRITE THAT 
     NOMINEE'S NAME IS THE SPACE PROVIDED.
     _____________________________________________________________________

                                            FOR   AGAINST  ABSTAIN
2. Ratification of Independent Accountants  /  /    /  /    /  /

3. Ratification of company's 1997 Incentive  /  /    /  /    /  /
   Stock Option Plan.



This proxy, when properly executed, will be voted in the manner directed 
herein. If no directions are given, this proxy will be voted FOR the
election of directors, and FOR Proposals 2, and 3.

                                    Dated _________________________, 1997

                                    _____________________________________
                                                  Signature

                                    _____________________________________
                                          Signature, if held jointly


                                    IMPORTANT: Please date this proxy and
                                    sign exactly as your name or names 
                                    appear(s) hereon. If the stock is held
                                    jointly, signatures should include both
                                    names. Personal representatives, trustees,
                                    guardians and other signing in a repre-
                                    sentative capacity should give full title.
                                    If you attend the meeting you may, if you
                                    wish, withdraw your proxy and vote in 
                                    person.

          PLEASE PROMPTLY MARK, DATE, SIGN AND RETURN THIS PROXY CARD 
                     USING THE ENCLOSED ENVELOPE