<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROOM SEC FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JAN-31-1996 <PERIOD-END> JUL-31-1995 <CASH> 3,386,972 <SECURITIES> 8,743,635 <RECEIVABLES> 3,900,517 <ALLOWANCES> 391,000 <INVENTORY> 0 <CURRENT-ASSETS> 8,961,765 <PP&E> 4,683,499 <DEPRECIATION> 2,417,114 <TOTAL-ASSETS> 18,527,979 <CURRENT-LIABILITIES> 7,460,956 <BONDS> 0 <COMMON> 115,054 <PREFERRED-MANDATORY> 0 <PREFERRED> 271,797 <OTHER-SE> 10,613,034 <TOTAL-LIABILITY-AND-EQUITY> 18,527,979 <SALES> 6,423,337 <TOTAL-REVENUES> 8,035,906 <CGS> 619,504 <TOTAL-COSTS> 9,560,715 <OTHER-EXPENSES> 489,521 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 36,419 <INCOME-PRETAX> (1,284,676) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,284,676) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,284,676) <EPS-PRIMARY> (0.11) <EPS-DILUTED> 0