<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, 1997. </LEGEND> <CIK> 0000906768 <NAME> MRS TECHNOLOGY, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,170,770 <SECURITIES> 0 <RECEIVABLES> 672,840 <ALLOWANCES> 21,045 <INVENTORY> 7,681,582 <CURRENT-ASSETS> 12,094,619 <PP&E> 3,909,056 <DEPRECIATION> 3,484,965 <TOTAL-ASSETS> 12,554,870 <CURRENT-LIABILITIES> 2,814,106 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 67,955 <OTHER-SE> 8,672,809 <TOTAL-LIABILITY-AND-EQUITY> 12,554,870 <SALES> 0 <TOTAL-REVENUES> 417,556 <CGS> 232,378 <TOTAL-COSTS> 544,701 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,154 <INCOME-PRETAX> (1,130,553) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,130,553) <EPS-PRIMARY> (0.17) <EPS-DILUTED> (0.17)