<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information taken from the balance sheet as of March 31, 2000 (unaudited) and the statement of operations for the nine-month period ended March 31,2000 (unaudited), and is qualified in its entirety by reference to the Company's annual Report on Form 10-K for the fiscal year ended June 30, 1999. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> MAR-31-2000 <CASH> 9,088,154 <SECURITIES> 0 <RECEIVABLES> 1,198,835 <ALLOWANCES> 230,000 <INVENTORY> 0 <CURRENT-ASSETS> 10,056,989 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 10,074,921 <CURRENT-LIABILITIES> 467,917 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 303,156 <OTHER-SE> 9,303,848 <TOTAL-LIABILITY-AND-EQUITY> 10,074,921 <SALES> 52,690 <TOTAL-REVENUES> 643,980 <CGS> 142,417 <TOTAL-COSTS> 142,417 <OTHER-EXPENSES> 1,236,271 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (271,544) <INCOME-PRETAX> (734,708) <INCOME-TAX> 150 <INCOME-CONTINUING> (734,858) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (734,858) <EPS-BASIC> (0.04) <EPS-DILUTED> (0.04)