<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) AND NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENT SOR THE SIX MONTH PERIOD ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1997, FILED ON MARCH 31, 1998, AS AMENDED APRIL 30, 1998 (AMENDMENT NO. 1) AND MAY 4, 1998 (AMENDMENT NO. 2). </LEGEND> <CIK> 0000722051 <NAME> NOISE CANCELLATION TECHNOLOGIES, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 5184 <SECURITIES> 0 <RECEIVABLES> 776 <ALLOWANCES> 57 <INVENTORY> 2867 <CURRENT-ASSETS> 9094 <PP&E> 10718 <DEPRECIATION> 7038 <TOTAL-ASSETS> 14776 <CURRENT-LIABILITIES> 2382 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 4367 <COMMON> 1497 <OTHER-SE> 6250 <TOTAL-LIABILITY-AND-EQUITY> 14776 <SALES> 1065 <TOTAL-REVENUES> 1560 <CGS> 869 <TOTAL-COSTS> 997 <OTHER-EXPENSES> 4157 <LOSS-PROVISION> 24 <INTEREST-EXPENSE> 1 <INCOME-PRETAX> (3594) <INCOME-TAX> 0 <INCOME-CONTINUING> (3594) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3594) <EPS-PRIMARY> (.04) <EPS-DILUTED> (.04)