<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S JUNE 30, 1997 UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 9,118,750 <SECURITIES> 0 <RECEIVABLES> 4,787,640 <ALLOWANCES> 200,000 <INVENTORY> 0 <CURRENT-ASSETS> 34,549,448 <PP&E> 1,929,638 <DEPRECIATION> 657,351 <TOTAL-ASSETS> 36,062,420 <CURRENT-LIABILITIES> 4,052,281 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 860 <OTHER-SE> 32,009,279 <TOTAL-LIABILITY-AND-EQUITY> 36,062,420 <SALES> 8,452,742 <TOTAL-REVENUES> 8,452,742 <CGS> 2,456,092 <TOTAL-COSTS> 2,456,092 <OTHER-EXPENSES> 7,326,200 <LOSS-PROVISION> 50,000 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,313,535) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,313,535) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,313,535) <EPS-PRIMARY> (0.21) <EPS-DILUTED> (0.21)