<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from American Electromedics Corp. Form 10-QSB for the period ended October 31, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-END> OCT-31-1998 <CASH> 181 <SECURITIES> 0 <RECEIVABLES> 1,454 <ALLOWANCES> 0 <INVENTORY> 2,346 <CURRENT-ASSETS> 4,323 <PP&E> 838 <DEPRECIATION> (451) <TOTAL-ASSETS> 11,961 <CURRENT-LIABILITIES> 4,395 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,387 <COMMON> 707 <OTHER-SE> 4,472 <TOTAL-LIABILITY-AND-EQUITY> 11,961 <SALES> 2,150 <TOTAL-REVENUES> 2,150 <CGS> 1,263 <TOTAL-COSTS> 1,263 <OTHER-EXPENSES> 2,156 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 17 <INCOME-PRETAX> (1,286) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,286) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,286) <EPS-PRIMARY> (.20) <EPS-DILUTED> (.20)