<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA INFORMATION EXTRACTED FROM THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS CONTAINED IN ITS REPORT ON FORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000784199 <NAME> CRYOLIFE, INC. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 58,061 <SECURITIES> 4,317,254 <RECEIVABLES> 7,154,569 <ALLOWANCES> (53,837) <INVENTORY> 332,885 <CURRENT-ASSETS> 19,361,114 <PP&E> 9,904,814 <DEPRECIATION> (5,324,542) <TOTAL-ASSETS> 26,955,837 <CURRENT-LIABILITIES> 4,022,378 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 100,582 <OTHER-SE> 22,387,061 <TOTAL-LIABILITY-AND-EQUITY> 26,955,837 <SALES> 0 <TOTAL-REVENUES> 18,131,677 <CGS> 0 <TOTAL-COSTS> 6,168,219 <OTHER-EXPENSES> 9,197,548 <LOSS-PROVISION> 28,400 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 2,765,910 <INCOME-TAX> 994,974 <INCOME-CONTINUING> 1,770,936 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,770,936 <EPS-PRIMARY> 0.19 <EPS-DILUTED> 0.18