<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <CASH> 7,956,050 <SECURITIES> 0 <RECEIVABLES> 5,890,704 <ALLOWANCES> 680,000 <INVENTORY> 2,080,014 <CURRENT-ASSETS> 18,985,679 <PP&E> 506,544 <DEPRECIATION> 100,897 <TOTAL-ASSETS> 26,312,800 <CURRENT-LIABILITIES> 6,585,131 <BONDS> 116,580 <PREFERRED-MANDATORY> 0 <PREFERRED> 627 <COMMON> 97,183 <OTHER-SE> 19,361,842 <TOTAL-LIABILITY-AND-EQUITY> 26,312,800 <SALES> 25,309,743 <TOTAL-REVENUES> 25,309,743 <CGS> 6,955,685 <TOTAL-COSTS> 6,955,685 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 75,670 <INCOME-PRETAX> 6,053,742 <INCOME-TAX> (1,826,000) <INCOME-CONTINUING> 7,879,742 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,879,742 <EPS-PRIMARY> 1.09 <EPS-DILUTED> 1.09