<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-31-1996 <PERIOD-END> APR-30-1995 <CASH> 4,881,837 <SECURITIES> 6,106,285 <RECEIVABLES> 3,190,511 <ALLOWANCES> 315,000 <INVENTORY> 0 <CURRENT-ASSETS> 10,574,762 <PP&E> 4,262,571 <DEPRECIATION> 2,071,562 <TOTAL-ASSETS> 16,676,804 <CURRENT-LIABILITIES> 4,335,286 <BONDS> 0 <COMMON> 98,976 <PREFERRED-MANDATORY> 0 <PREFERRED> 271,797 <OTHER-SE> 11,970,745 <TOTAL-LIABILITY-AND-EQUITY> 16,676,804 <SALES> 2,138,152 <TOTAL-REVENUES> 2,800,854 <CGS> 148,463 <TOTAL-COSTS> 3,395,622 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (466,339) <INCOME-TAX> 0 <INCOME-CONTINUING> (466,339) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (466,339) <EPS-PRIMARY> (0.05) <EPS-DILUTED> 0