<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, 1998. </LEGEND> <CIK> 0000906768 <NAME> MRS TECHNOLOGY, INC. <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> MAR-31-1998 <CASH> 1,094,636 <SECURITIES> 0 <RECEIVABLES> 883,200 <ALLOWANCES> 21,045 <INVENTORY> 5,643,432 <CURRENT-ASSETS> 7,677,288 <PP&E> 3,893,884 <DEPRECIATION> 3,716,914 <TOTAL-ASSETS> 7,884,222 <CURRENT-LIABILITIES> 3,051,930 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68,381 <OTHER-SE> 4,763,911 <TOTAL-LIABILITY-AND-EQUITY> 7,884,222 <SALES> 5,265,075 <TOTAL-REVENUES> 7,148,110 <CGS> 6,275,561 <TOTAL-COSTS> 7,657,818 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 109,345 <INCOME-PRETAX> (5,142,940) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (5,142,940) <EPS-PRIMARY> (0.75) <EPS-DILUTED> (0.75)