<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF I/O MAGIC CORPORATION AS CONTAINED IN ITS FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1999 DEC-31-1999 <PERIOD-START> JAN-01-1999 JUL-01-1999 <PERIOD-END> SEP-30-1999 SEP-30-1999 <CASH> 1,203,804 0 <SECURITIES> 0 0 <RECEIVABLES> 8,860,294 0 <ALLOWANCES> (76,097) 0 <INVENTORY> 2,224,938 0 <CURRENT-ASSETS> 12,353,908 0 <PP&E> 339,877 0 <DEPRECIATION> (142,300) 0 <TOTAL-ASSETS> 12,571,473 0 <CURRENT-LIABILITIES> 5,925,763 0 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 32,091 0 <OTHER-SE> 6,611,338 0 <TOTAL-LIABILITY-AND-EQUITY> 12,571,473 0 <SALES> 21,569,160 8,485,291 <TOTAL-REVENUES> 21,594,544 8,508,575 <CGS> 16,244,908 6,339,881 <TOTAL-COSTS> 20,803,246 8,071,490 <OTHER-EXPENSES> (34,971) (26,871) <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 12,786 1,402 <INCOME-PRETAX> 788,099 439,270 <INCOME-TAX> 800 400 <INCOME-CONTINUING> 787,299 438,870 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 787,299 438,870 <EPS-BASIC> 0.03 0.02 <EPS-DILUTED> 0.03 0.02