<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31,1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 2,764,017 <SECURITIES> 0 <RECEIVABLES> 818,142<F1> <ALLOWANCES> 0 <INVENTORY> 62,430 <CURRENT-ASSETS> 5,014,639 <PP&E> 1,396,873<F2> <DEPRECIATION> 0 <TOTAL-ASSETS> 7,281,152 <CURRENT-LIABILITIES> 5,669,428 <BONDS> 560,900<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 24,663 <OTHER-SE> 1,026,161 <TOTAL-LIABILITY-AND-EQUITY> 7,281,152 <SALES> 407,038 <TOTAL-REVENUES> 407,038 <CGS> 0 <TOTAL-COSTS> 4,976,393 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (4,627,671) <INCOME-TAX> (539) <INCOME-CONTINUING> (4,628,210) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,628,210) <EPS-PRIMARY> (0.28) <EPS-DILUTED> 0 <FN> <F1> Net of allowance for doubtful accounts of $18,355. <F2> Net of depreciation. <F3> Minority interest in subsidiaries. </FN>