<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> YEAR <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 3,290,982 <SECURITIES> 0 <RECEIVABLES> 1,999,994 <ALLOWANCES> 0 <INVENTORY> 7,313,982 <CURRENT-ASSETS> 12,856,293 <PP&E> 3,921,482 <DEPRECIATION> 3,388,238 <TOTAL-ASSETS> 13,427,516 <CURRENT-LIABILITIES> 2,557,099 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 67,763 <OTHER-SE> 9,802,654 <TOTAL-LIABILITY-AND-EQUITY> 13,427,516 <SALES> 5,173,273 <TOTAL-REVENUES> 7,140,697 <CGS> 4,040,747 <TOTAL-COSTS> 6,103,784 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 653 <INCOME-PRETAX> (3,130,795) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,130,795) <EPS-PRIMARY> (0.47) <EPS-DILUTED> (0.47)