<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the registrant's unaudited consolidated financial statements for the nine month period ended March 31, 2000 and is qualified in its entirety by reference to those financial statements. </LEGEND> <CURRENCY> U.S. Dollars <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-2000 <PERIOD-START> JUL-1-1999 <PERIOD-END> MAR-31-2000 <EXCHANGE-RATE> 1 <CASH> 5,497,252 <SECURITIES> 0 <RECEIVABLES> 2,563,834 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,513,383 <PP&E> 1,566,723 <DEPRECIATION> 855,223 <TOTAL-ASSETS> 10,400,708 <CURRENT-LIABILITIES> 1,579,309 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 7,348 <COMMON> 78,377 <OTHER-SE> 10,314,983 <TOTAL-LIABILITY-AND-EQUITY> 10,400,708 <SALES> 0 <TOTAL-REVENUES> 4,187,690 <CGS> 0 <TOTAL-COSTS> 10,472,331 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 27,022 <INCOME-PRETAX> (6,017,737) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,017,737) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (6,017,737) <EPS-BASIC> (.82) <EPS-DILUTED> (.82)