IPAM event time stamps are wrong

I have just installed IPAM and noticed that the time stamps from the "last XX IPAM Events" are wrong.

For example:

24/10/2012 15:00 ADMIN The scanning of 'Aberdeen-Clients' started at 24/10/2012 14:50:35 has finished successfully. 197 IP(s) were found. The scan duration was '4.1' minutes.

This was Started at 14:50 but the time stamp shows that event at 15:00, this would be okay but our server/computers all show the time of 14:55 when that event apeared. Is there anything that could cause this to happen?