<ARTICLE> 5 <LEGEND> These financial statements should be read in conjunction with the financial statements and notes thereto included in the Company's Form 10-K for the fiscal year ended March 31, 1996. </LEGEND> <CIK> 0000906768 <NAME> MRS TECHNOLOGY, INC. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 1,633,132 <SECURITIES> 0 <RECEIVABLES> 2,649,643 <ALLOWANCES> 0 <INVENTORY> 7,166,673 <CURRENT-ASSETS> 11,941,309 <PP&E> 3,878,921 <DEPRECIATION> 3,262,329 <TOTAL-ASSETS> 12,595,265 <CURRENT-LIABILITIES> 2,846,146 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 67,720 <OTHER-SE> 9,671,607 <TOTAL-LIABILITY-AND-EQUITY> 12,595,265 <SALES> 6,207,082 <TOTAL-REVENUES> 6,785,565 <CGS> 5,054,907 <TOTAL-COSTS> 5,633,400 <OTHER-EXPENSES> 816 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 539 <INCOME-PRETAX> (3,249,058) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,249,058) <EPS-PRIMARY> ($0.48) <EPS-DILUTED> ($0.48)