<ARTICLE> 5 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <EXCHANGE-RATE> 1 <CASH> 2,267,976 <SECURITIES> 0 <RECEIVABLES> 1,553,883 <ALLOWANCES> 62,991 <INVENTORY> 698,824 <CURRENT-ASSETS> 4,879,615 <PP&E> 1,400,454 <DEPRECIATION> 739,747 <TOTAL-ASSETS> 17,263,035 <CURRENT-LIABILITIES> 4,558,523 <BONDS> 12,693,885 <PREFERRED-MANDATORY> 0 <PREFERRED> 6,461,251 <COMMON> 280 <OTHER-SE> 47,835,661 <TOTAL-LIABILITY-AND-EQUITY> 17,263,035 <SALES> 1,241,399 <TOTAL-REVENUES> 1,856,399 <CGS> 634,594 <TOTAL-COSTS> 634,594 <OTHER-EXPENSES> 4,693,398 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 231,089 <INCOME-PRETAX> (3,869,286) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,869,286) <EPS-PRIMARY> (0.55) <EPS-DILUTED> (0.55)