WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5

<S>                             <C>                     <C>                     <C>
<PERIOD-TYPE>                   YEAR                   YEAR                   OTHER
<FISCAL-YEAR-END>                          JUN-30-1998             JUN-30-1997             JUN-30-1998
<PERIOD-START>                             JUL-01-1997             JUL-01-1996             JUL-01-1992
<PERIOD-END>                               JUN-30-1998             JUN-30-1997             JUN-30-1998
<CASH>                                          46,154                       0                       0
<SECURITIES>                                         0                       0                       0
<RECEIVABLES>                                      445                       0                       0
<ALLOWANCES>                                         0                       0                       0
<INVENTORY>                                          0                       0                       0
<CURRENT-ASSETS>                               266,841                       0                       0
<PP&E>                                         140,402                       0                       0
<DEPRECIATION>                                  34,670                       0                       0
<TOTAL-ASSETS>                                 405,345                       0                       0
<CURRENT-LIABILITIES>                        1,895,163                       0                       0
<BONDS>                                              0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0
<PREFERRED>                                          0                       0                       0
<COMMON>                                    12,850,167                       0                       0
<OTHER-SE>                                           0                       0                       0
<TOTAL-LIABILITY-AND-EQUITY>                   405,345                       0                       0
<SALES>                                              0                       0                       0
<TOTAL-REVENUES>                               218,983                  38,166                 549,701
<CGS>                                                0                       0                       0
<TOTAL-COSTS>                                  925,397                 782,937               3,312,446
<OTHER-EXPENSES>                             5,554,704               2,068,626              11,272,411
<LOSS-PROVISION>                                     0                       0                       0
<INTEREST-EXPENSE>                              11,460                 141,482                 313,479
<INCOME-PRETAX>                            (6,272,578)             (2,954,879)            (14,348,634)
<INCOME-TAX>                                       800                     800                   4,800
<INCOME-CONTINUING>                        (6,273,378)             (2,955,679)            (14,353,434)
<DISCONTINUED>                                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0
<CHANGES>                                            0                       0                       0
<NET-INCOME>                               (6,273,378)             (2,955,679)            (14,353,434)
<EPS-BASIC>                                     (2.23)                  (1.84)                       0
<EPS-DILUTED>                                   (2.23)                  (1.84)                       0


</TABLE>