<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from Infocast Consolidated Financial Statements as of March 31, 1999 and is qualified in its entirety by reference to such Consolidated Financial Statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 3,092,445 <SECURITIES> 0 <RECEIVABLES> 258,244 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 21,404 <PP&E> 117,098 <DEPRECIATION> (9,706) <TOTAL-ASSETS> 4,025,076 <CURRENT-LIABILITIES> 531,964 <BONDS> 0 <COMMON> 16,672 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 3,476,440 <TOTAL-LIABILITY-AND-EQUITY> 4,025,076 <SALES> 0 <TOTAL-REVENUES> 4,478 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,064,837 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,562 <INCOME-PRETAX> (3,083,921) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,083,921) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,083,921) <EPS-BASIC> (.27) <EPS-DILUTED> (.27)