<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1997 <PERIOD-START> APR-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 9,557,012 <SECURITIES> 3,548,523 <RECEIVABLES> 3,274,345 <ALLOWANCES> (483,802) <INVENTORY> 0 <CURRENT-ASSETS> 17,005,421 <PP&E> 2,531,397 <DEPRECIATION> 998,694 <TOTAL-ASSETS> 20,161,123 <CURRENT-LIABILITIES> 2,807,011 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,022 <OTHER-SE> 25,082,903 <TOTAL-LIABILITY-AND-EQUITY> 20,161,123 <SALES> 3,204,526 <TOTAL-REVENUES> 3,204,526 <CGS> 1,245,000 <TOTAL-COSTS> 4,057,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 80,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (682,635) <INCOME-TAX> 0 <INCOME-CONTINUING> (682,635) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (682,635) <EPS-PRIMARY> (0.11) <EPS-DILUTED> 0