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==History==
 
==History==
was founded in 1996 by The University of Melbourne to work with the private sector on IT projects.Professor Peter Gerrand was appointed as the CEO of the company. <ref>[http://www.webhosting.info/registrars/reports/total_domains/MELBOURNEIT.COM WebHosting.info ]</ref>.
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was founded in 1996 by [[The University of Melbourne]] to work with the private sector on IT projects.Professor Peter Gerrand was appointed as the CEO of the company.<ref>[http://au.linkedin.com/pub/peter-gerrand/14/183/716 au.linkedin ]</ref>.
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==MelbourneIT to enter domain registration===
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The name MelbourneIT came from "Melbourne Information Technology International Pty Ltd" which was a commertial subsidary of The University of Melbourne. The initial objective of the company was not merely to registrater domain but to demonstrate the University’s strategic leadership in working with industry and government in selected areas of IT. [[Robert Elz]], senior system administrator in the University of Melbourne’s Computer Science Department was in charge of the registration process of .au domain back then.
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An article published in "Australian Financial Review" by Charles Wright made the authority interested about the commercial values of domain name registration. Eventaully the condition demanded that the process of .au domain registration to be tranfared to a capable commercial instution.  Thus the administration of com.au names to the University’s subsidiary Melbourne IT by  a non-exclusive licence, to be reviewed after five years. In 1996, Government of Victoria awarded a grant of $100,000 in return for registering the backlog of over 2,000 com.au applications free to the applicants. This money was used to build its first domain name registration software platform.
    
==References==
 
==References==
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