<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> DEC-31-1998 <CASH> (475,610) <SECURITIES> 0 <RECEIVABLES> 11,497,545 <ALLOWANCES> 141,489 <INVENTORY> 0 <CURRENT-ASSETS> 12,085,338 <PP&E> 2,304,369 <DEPRECIATION> 947,735 <TOTAL-ASSETS> 13,677,019 <CURRENT-LIABILITIES> 9,719,987 <BONDS> 5,598,000 <PREFERRED-MANDATORY> 700,000 <PREFERRED> 0 <COMMON> 7,900 <OTHER-SE> 2,018,011 <TOTAL-LIABILITY-AND-EQUITY> 13,677,019 <SALES> 2,065,348 <TOTAL-REVENUES> 25,923,128 <CGS> 1,698,356 <TOTAL-COSTS> 14,559,628 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 102,196 <INTEREST-EXPENSE> 324,591 <INCOME-PRETAX> (1,087,558) <INCOME-TAX> (460,258) <INCOME-CONTINUING> (627,300) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (627,300) <EPS-BASIC> (0.11) <EPS-DILUTED> (0.11)