<ARTICLE> 5 <LEGEND> This schedule contains summary information extracted from the audited financial statements at December 31,1999 which are included in the Registrant's Form 10-K and is qualified in its entirety by reference to such financial statements </LEGEND> <CIK> 0001052196 <NAME> DSET CORPORATION <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <EXCHANGE-RATE> 1 <CASH> 3,721 <SECURITIES> 36,974 <RECEIVABLES> 20,732 <ALLOWANCES> (600) <INVENTORY> 0 <CURRENT-ASSETS> 63,015 <PP&E> 5,566 <DEPRECIATION> (2,138) <TOTAL-ASSETS> 73,495 <CURRENT-LIABILITIES> 9,389 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 45,636 <OTHER-SE> 15,887 <TOTAL-LIABILITY-AND-EQUITY> 73,495 <SALES> 44,629 <TOTAL-REVENUES> 44,629 <CGS> 8,886 <TOTAL-COSTS> 28,003 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 179 <INCOME-PRETAX> 9,767 <INCOME-TAX> 3,250 <INCOME-CONTINUING> 6,517 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,517 <EPS-BASIC> 0.63<F1> <EPS-DILUTED> 0.59<F2> <FN> <F1> This amount represents Basic Earnings per share in accordance with the requirements of Statement of Financial Accounting Standards No. 128 -- 'Earnings per share.' <F2> This amount represents Diluted Earnings per Share in accordance with the requirements of Statement of Financial Accounting Standards No. 128 -- 'Earnings per Share.' </FN>