<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS RESTATED SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF TOWNE SERVICES, INC. FOR THE THREE MONTHS ENDED MARCH 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1999 <CASH> 5,962,000 <SECURITIES> 0 <RECEIVABLES> 6,469,000 <ALLOWANCES> (406,000) <INVENTORY> 0 <CURRENT-ASSETS> 12,728,000 <PP&E> 6,722,000 <DEPRECIATION> (2,220,000) <TOTAL-ASSETS> 33,787,000 <CURRENT-LIABILITIES> 6,807,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 53,920,000 <OTHER-SE> (27,178,000) <TOTAL-LIABILITY-AND-EQUITY> 33,787,000 <SALES> 7,493,000 <TOTAL-REVENUES> 7,493,000 <CGS> 1,520,000 <TOTAL-COSTS> 9,224,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (72,000) <INCOME-PRETAX> (1,659,000) <INCOME-TAX> (114,000) <INCOME-CONTINUING> (1,545,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,545,000) <EPS-BASIC> (.07) <EPS-DILUTED> (.07)