<ARTICLE>5 <LEGEND> This schedule contains Summary financial information extracted from Papnet of Ohio, Inc. Form 10-Q for the three months ended March 31, 1997 and is qualified in its' entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 135,575 <SECURITIES> 0 <RECEIVABLES> 247,370 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 412,345 <PP&E> 63,564 <DEPRECIATION> 35,999 <TOTAL-ASSETS> 7,814,436 <CURRENT-LIABILITIES> 577,555 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,959,097 <OTHER-SE> 2,379,134 <TOTAL-LIABILITY-AND-EQUITY> 7,814,436 <SALES> 125,353 <TOTAL-REVENUES> 125,353 <CGS> 0 <TOTAL-COSTS> 664,417 <OTHER-EXPENSES> (307,827) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (231,237) <INCOME-TAX> (85,000) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (146,237) <EPS-PRIMARY> (.01) <EPS-DILUTED> (.01)