<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 17,145,678 <SECURITIES> 0 <RECEIVABLES> 5,000,599 <ALLOWANCES> 0 <INVENTORY> 816,350 <CURRENT-ASSETS> 23,188,876 <PP&E> 581,690 <DEPRECIATION> 111,024 <TOTAL-ASSETS> 23,716,563 <CURRENT-LIABILITIES> 944,427 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 171,536 <OTHER-SE> 22,772,136 <TOTAL-LIABILITY-AND-EQUITY> 23,716,563 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,964,779 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 164,779 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,916,749) <EPS-PRIMARY> (.40) <EPS-DILUTED> (.40)