<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <EXCHANGE-RATE> 1 <CASH> $24,201 <SECURITIES> 0 <RECEIVABLES> 14,582 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 40,018 <PP&E> 5,488 <DEPRECIATION> 2,453 <TOTAL-ASSETS> 66,855 <CURRENT-LIABILITIES> 5,654 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 264 <OTHER-SE> 30,206 <TOTAL-LIABILITY-AND-EQUITY> 66,855 <SALES> 33,545 <TOTAL-REVENUES> 33,545 <CGS> 7,452 <TOTAL-COSTS> 7,452 <OTHER-EXPENSES> 16,074 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 12,118 <INCOME-TAX> 4,618 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> $7,500 <EPS-PRIMARY> 0.30 <EPS-DILUTED> 0.28