<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE QUARTERLY REPORT ON FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS CONTAINED THEREIN. </LEGEND> <CURRENCY> CANADIAN DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-31-1996 <PERIOD-START> SEP-1-1995 <PERIOD-END> AUG-31-1996 <EXCHANGE-RATE> 1.3685 <CASH> 1,777,889 <SECURITIES> 3,577,151 <RECEIVABLES> 602,601 <ALLOWANCES> 39,000 <INVENTORY> 631,171 <CURRENT-ASSETS> 7,061,815 <PP&E> 2,983,339 <DEPRECIATION> 535,402 <TOTAL-ASSETS> 9,883,093 <CURRENT-LIABILITIES> 975,659 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 11,523 <COMMON> 150,187 <OTHER-SE> 8,715,724 <TOTAL-LIABILITY-AND-EQUITY> 9,883,093 <SALES> 148,330 <TOTAL-REVENUES> 6,318,251 <CGS> 298,243 <TOTAL-COSTS> 2,505,673 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 54,990 <INTEREST-EXPENSE> 8,657 <INCOME-PRETAX> 1,004,059 <INCOME-TAX> 463,000 <INCOME-CONTINUING> 541,059 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 541,059 <EPS-PRIMARY> .23 <EPS-DILUTED> .22