UNITED STATES
                          SECURITIES AND EXCHANGE COMMISSION
                                 Washington, DC 20549

                                    FORM 10 - QSB

          [X]    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
                         THE SECURITIES EXCHANGE ACT OF 1934

                       For the Quarter Ended February 28, 1998

                                          OR

          [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
                           SECURITIES EXCHANGE ACT OF 1934

                For the transition period from            to          
                                              ----------    ---------

                           Commission File Number   0-22969

                               SYNAPTX WORLDWIDE, INC.
          (Exact Name of Small Business Issuer as specified in its charter)

                              Utah                       87-0375342
                    (State or other jurisdiction of    (I.R.S. Employer
                    incorporation or organization)     Identification No.)

                  168 E. Highland Avenue, Suite 300, Elgin, IL 60120
                       (Address of Principal Executive Offices)

          Registrant's telephone no., including area code:  (847)  622-0200
                              (Issuers telephone number)

                     385 Airport Road, Suite A, Elgin, IL  60123
           (Former name, former address, and former fiscal year if changed
                                  since last report)

               Check whether the issuer (1) filed all reports required to
          be filed by Section 13 or 15 (d) of the Securities Exchange Act
          of 1934 during the past 12 months (or for such shorter period
          that the registrant was required to file such reports), and (2)
          has been subject to such filing requirements for the past 90
          days.  Yes  X  No
                     ---   ---

                         APPLICABLE ONLY TO CORPORATE ISSUERS

               State the number of shares outstanding of each of the
          issuer's classes of common equity, as of the latest practicable
          date.

                                                        Outstanding as of
                       Class                             March 31, 1998
          Common Stock, $ .001 par value                   5,537,375


                                      1
          <PAGE>


                                  TABLE OF CONTENTS

          Heading                                                      Page
          -------                                                      ----

                     PART  I.  FINANCIAL INFORMATION

          Item 1.  Condensed Consolidated Financial Statements            3

                   Consolidated Balance Sheets - February 28,
                   1998 and August 31, 1997                               4

                   Consolidated Statements of Operations - 
                   three months ended February 28, 1998 and 1997          5

                   Consolidated Statements of Operations -
                   six months ended February 28, 1998 and 1997            6

                   Consolidated Statements of Cash Flows -
                   six months ended February 28, 1998 and 1997            7

                   Notes to Condensed Consolidated Financial Statements   8

          Item 2.  Management's Discussion and Analysis 
                   and Results of Operations                             11


                     PART  II.  OTHER INFORMATION

          Item 6.    Exhibits and Reports on Form 8-K                    15

                     SIGNATURES                                          15


                                      2
          <PAGE>


          PART  I

          ITEM 1.   FINANCIAL STATEMENTS

               The following unaudited Condensed Consolidated Financial
          Statements for the three and six month periods ended February 28,
          1998 and 1997 have been prepared by the Company.




                                      3
     <PAGE>


          SYNAPTX WORLDWIDE, INC. AND SUBSIDIARIES
          CONSOLIDATED BALANCE SHEETS
          AS OF FEBRUARY 28, 1998 AND AUGUST 31, 1997

                                        FEBRUARY 28, 1998   AUGUST 31, 1997
                                           (UNAUDITED)         (AUDITED)   
                                        -----------------   --------------
          ASSETS
          CURRENT ASSETS:
             Cash                          $  122,064          $   58,265 
             Accounts receivable              920,448           1,001,638 
             Prepaid expenses and
               deposits                        93,096              44,662 
                                           ----------          ---------- 
                  Total current assets      1,135,608           1,104,565 

          PROPERTY AND EQUIPMENT              333,563             254,990 
          Less accumulated depreciation      (116,508)            (69,041)
                                           ----------          ---------- 
             Net property and equipment       217,055             185,949 

          COSTS IN EXCESS OF NET ASSETS
             ACQUIRED
             (net of accumulated amortization
             of $268,876 and $129,372)      2,463,859           1,631,673 
          OTHER ASSETS                        274,198              60,998 
                                           ----------          ---------- 

          TOTAL ASSETS                     $4,090,720          $2,983,185 
                                           ==========          ========== 


          LIABILITIES AND STOCKHOLDERS' EQUITY
          CURRENT LIABILITIES:
             Accounts payable              $  923,336          $  679,477 
             Accrued expenses and taxes       346,649             199,644 
             Notes payable                    294,173             295,482 
             Current portion of
                long-term debt                131,283               8,120 
             Deferred revenue                 144,000             414,700 
                                           ----------          ---------- 
                Total current liabilities   1,839,441           1,597,423 

          LONG-TERM DEBT,
             NET OF CURRENT PORTION           266,900              21,200 

          COMMITMENTS                              --                  -- 

          STOCKHOLDERS' EQUITY
             Cumulative, convertible
                preferred stock;
                $.001 par value;
                10,000,000 shares
                authorized, 137,143
                issued and outstanding            137                  -- 
             Common stock; $.001 par value;
                25,000,000 shares authorized,
                5,537,375 and 5,193,660
                issued and outstanding          5,538               5,194 
             Additional paid in capital     3,070,140           2,052,977 
             Deficit                       (1,091,436)           (693,609)
                                           ----------          ---------- 
                  Total stockholders'
                      equity                1,984,379           1,364,562 
                                           ----------          ---------- 

          TOTAL LIABILITIES AND
             STOCKHOLDERS' EQUITY          $4,090,720          $2,983,185 
                                           ==========          ==========


                                      4
          <PAGE>


          SYNAPTX WORLDWIDE, INC. AND SUBSIDIARIES
          CONSOLIDATED STATEMENTS OF OPERATIONS
          FOR THE THREE MONTHS ENDED FEBRUARY 28, 1998 AND 1997

                                                    1998           1997    
                                                 (UNAUDITED)    (UNAUDITED)
                                                  ---------      ---------

          NET SALES AND REVENUES:
             Marketing services and
                production                       $1,008,547    $  958,482 
             Commission income                      447,033            -- 
             Executive placement fees                22,000            -- 
                                                 ----------    ---------- 
                Total revenues                    1,477,580       958,482 

          COST OF SALES AND REVENUES              1,245,653       696,637 
                                                 ----------    ---------- 

          GROSS PROFIT                              231,927       261,845 
                                                            
          Selling, general and administrative
             expenses                               530,376       357,062 
          Depreciation and amortization              81,099        49,415 
                                                 ----------    ---------- 

          LOSS FROM OPERATIONS                     (379,548)     (144,632)

          Interest expense                           12,741         8,449 
                                                 ----------    ----------

          NET LOSS                                 (392,289)     (153,081)

          Cumulative convertible
             preferred stock dividend
             requirements                             6,800            -- 
                                                 ----------    ---------- 
                                                            
          Net loss applicable to
             common shareholders                 $ (399,089)   $ (153,081)
                                                 ==========    ========== 

          WEIGHTED AVERAGE SHARES OUTSTANDING     5,377,518     4,107,753 

          BASIC AND DILUTED NET LOSS PER SHARE   $    (0.07)   $    (0.04)
                                                 ==========    ==========


                                      5
          <PAGE>


          SYNAPTX WORLDWIDE, INC. AND SUBSIDIARIES
          CONSOLIDATED STATEMENTS OF OPERATIONS
          FOR THE SIX MONTHS ENDED FEBRUARY 28, 1998 AND 1997

                                                    1998           1997    
                                                 (UNAUDITED)    (UNAUDITED)
                                                  ---------      ---------

          NET SALES AND REVENUES:
             Marketing services and
                production                       $2,230,980    $1,551,408 
             Commission income                      712,123            -- 
             Executive placement fees                37,330            -- 
                                                 ----------    ---------- 
                Total revenues                    2,980,433     1,551,408 

          COST OF SALES AND REVENUES              2,273,858     1,135,927 
                                                 ----------    ---------- 

          GROSS PROFIT                              706,575       415,481 

          Selling, general and administrative
             expenses                               937,916       606,023 
          Depreciation and amortization             143,690        81,545 
                                                 ----------    ---------- 

          LOSS FROM OPERATIONS                     (375,031)     (272,087)

          Interest expense                           22,796        31,542 
                                                 ----------    ---------- 

          NET LOSS                                 (397,827)     (303,629)

          CUMULATIVE CONVERTIBLE PREFERRED
             STOCK DIVIDEND REQUIREMENTS              6,800            --
                                                 ----------    ----------

          NET LOSS APPLICABLE TO
             COMMON SHAREHOLDERS                 $ (404,627)   $ (303,629)
                                                 ==========    ========== 

          WEIGHTED AVERAGE SHARES OUTSTANDING     5,300,864     3,572,304 
                                                 ==========    ========== 

          BASIC AND DILUTED NET LOSS PER SHARE   $    (0.08)   $    (0.09)
                                                 ==========    ==========


                                      6
          <PAGE>


          SYNAPTX WORLDWIDE, INC. AND SUBSIDIARIES
          CONSOLIDATED STATEMENTS OF CASH FLOWS
          FOR THE SIX MONTHS ENDED FEBRUARY 28, 1998 AND 1997

                                                    1998           1997    
                                                 (UNAUDITED)    (UNAUDITED)
                                                  ---------      ---------

          Net cash provided by (used in)
             operating activities                     8,987      (321,787)

          CASH FLOWS FROM INVESTING ACTIVITIES
             Additions to property, plant
                and equipment                       (52,297)      (63,782)
             Cash acquired from acquisitions          33,452           -- 
             Additions to other assets             (211,520)      (13,257)
                                                 ----------    ---------- 
                Net cash used in
                   investing activities            (230,364)      (77,039)

          CASH FROM FINANCING ACTIVITIES
             (Reductions in) bank lines of credit    (1,309)     (127,000)
             Additions to long term debt            140,300            -- 
             Reductions in short term debt           (1,837)      (80,406)
             Decrease in restricted cash                 --        10,000 
             Decrease in liability to
                private placement subscribers            --       (10,000)
             Decrease in deferred
                placement costs                          --         5,000 
             Decrease in due from Impulse                --        50,000 
             Increase in due to officer                  --         9,700 
             Issuance of common stock-net           148,023       666,213 
                                                 ----------    ---------- 
                Cash provided by financing
                    activities                      285,176       523,507 
                                                 ----------    ---------- 

          NET INCREASE IN CASH                       63,799       124,681 

          Cash at beginning of period            $   58,265    $       -- 
                                                 ----------    ----------

          CASH AT END OF PERIOD                  $  122,064    $  124,681 
                                                 ==========    ==========




                                      7
          <PAGE>


          SYNAPTX WORLDWIDE, INC. AND SUBSIDIARIES
          NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
          UNAUDITED

          NOTE 1.  BASIS OF PRESENTATION

               The financial information included herein is unaudited;
               however, such information reflects all adjustments 
               (consisting solely of normal recurring adjustments) which,
               in the opinion of management, are necessary for a fair
               statement of results for the interim periods. The
               accompanying financial statements include estimated amounts
               and disclosures based on management's assumptions about
               future events.  Actual results may differ from those
               estimates.

               The results of operations for the interim periods are not
               necessarily indicative of the results to be expected for the
               full year.  Basic and diluted earnings per share are the
               same due to the anti-dilutive nature of the options.

               The condensed consolidated financial statements have been
               prepared by the Company, without audit, pursuant to the
               rules and regulations of the Securities and Exchange
               Commission.  Certain information and footnote disclosures
               normally included in financial statements prepared in
               accordance with generally accepted accounting principles
               have been condensed or omitted pursuant to such rules and
               regulations, although the Company believes that the
               disclosures are adequate to make information presented not
               misleading.

               These financial statements should be read in conjunction
               with the financial statements included in the Company's Form
               10-SB/A for the fiscal year ended August 31, 1997, as filed
               with the Securities and Exchange Commission and available
               under the EDGAR reporting system or from the Company.

               The Company's financial statements are presented on a going
               concern basis, which contemplates the realization of assets
               and satisfaction of liabilities in the normal course of
               business.

               The Company has experienced recurring losses from operations
               as a result of its investment in personnel necessary to
               achieve its operating plan which is long-range in nature. In
               addition to the net loss of $397,827 for the six-month
               period ended February 28, 1998, as included herein, for the
               years ended August 31, 1997 and 1996 the Company realized
               net losses of $602,555 and $72,541, respectively.   For the
               ten months ended August 31, 1995 (initial period of
               operation), the Company experienced a net loss of $18,513.  
               At February 28, 1998, the Company has a working capital
               deficit of $703,833, supported by positive stockholders'
               equity of $1,984,379.

               The Company's ability to continue as a going concern is
               contingent upon its ability to secure additional financing
               and attain profitable operations.  In addition, the
               Company's ability to continue as a going concern must be
               considered in light of the problems, expenses and
               complications frequently encountered by entrance into
               established markets and the competitive environment in which
               the Company operates.

               Although the Company is pursuing an additional private
               equity placement plus the refinancing and expansion of
               outstanding debt, there can be no assurance that the Company
               will be able to secure financing when needed or obtain such
               terms satisfactory to the Company, if at all, or raise any
               additional equity investment.  Failure to secure such
               financing or raise additional equity investment may result


                                      8
     <PAGE>


               in the Company rapidly depleting its available funds and not
               being able to comply with its payment obligations under its
               bank loans.  In addition, if the Company is unable to meet
               its obligations under its credit agreements, such creditors
               shall have the right to foreclose on the assets of the
               Company, which will be prior to the interests of the holders
               of Preferred Stock and Common Stock.

               The financial statements do not include any adjustments to
               reflect the possible future effects on the recoverability
               and classification of assets or the amounts and
               classification of liabilities that may result from the
               possible inability of the Company to continue as a going
               concern.

          NOTE 2.  PRINCIPLES OF CONSOLIDATION

               The condensed consolidated financial statements include the
               accounts of the Company and its wholly owned subsidiaries. 
               The subsidiaries consist of Synaptx Access, Inc. ("Access"),
               acquired in June, 1996, Synaptx Impulse, Inc. ("Impulse"),
               acquired in October, 1996, ORAYCOM, Inc. ("ORAYCOM"),
               acquired in June, 1997 and WG Controls, Inc. ("WG"),
               acquired in January, 1998.   Upon consolidation, significant
               intercompany accounts, transactions and profits are
               eliminated.

          NOTE 3.  ACQUISITION

               On January 5, 1998, the Company acquired WG Controls, Inc.,
               an Illinois Corporation, for 285,715 shares of the Company's
               $.001 par value common stock, 137,143 shares of the
               Company's $.001, Series A, cumulative, convertible preferred
               stock and $270,000 in cash payable as follows:  $125,000 on
               the first anniversary date of the Agreement, $125,000 on the
               second anniversary date of the Agreement, and $20,000 on the
               third anniversary date of the Agreement.  Dividends on the
               preferred stock are $40,800 annually.  As of February 28,
               1998, cumulative unpaid dividends are approximately $6,800.

               The acquisition is being accounted for using the purchase
               method of accounting.  The total initial cost of the
               acquisition is approximately $ 1,100,000, which exceeded the
               fair value of the net assets being acquired by approximately
               $928,500.  The excess is being amortized on the straight-
               line method over twenty years.

               Additionally, pursuant to the terms of the acquisition, the
               former shareholders of WG may earn additional purchase price
               consideration in the form of additional common stock of the
               Company based on the attainment of both "commission
               revenues" and "earnings" above specified levels by WG
               beginning January 1, 1998 through December 31, 1999.  The
               additional consideration is specified as fixed amounts for
               the attainment of specified annual "commission revenues" and
               "earnings" for the subsequent calendar years ending December
               31, 1998 and 1999.  If WG meets the specified "commission
               revenues" and "earnings" amounts the additional
               consideration could amount to $1,000,000.  The additional
               consideration, if any, would be added to the cost in excess
               of net assets acquired and will be amortized on the
               straight-line method over the remaining life of the twenty
               year amortization period, described above.

               WG is a sales representative firm based in Illinois
               (approximately fifteen miles northwest of Chicago) that
               provides field sales and business development support for
               specified product lines and/or territories for clients under
               contract who include RELTEC, Thomas & Betts and Johanson in
               addition to approximately 15 other clients.  Revenues
               represent the earning of commissions on its customers'
               sales.


                                      9
     <PAGE>


               If the acquisition had occurred on September 1, 1997,
               management estimates that on an unaudited, pro forma basis,
               the following would have been reported on a consolidated
               basis for the periods ended February 28, 1998:

                                             Three Months      Six Months
                                             ------------     ------------
                    Revenues                 $   1,562,580   $   3,339,719
                    Net loss                 $    (406,789)  $    (428,231)
                    Basic and diluted
                       net loss per share    $       (0.07)  $       (0.08)


          NOTE 4.  PRIVATE PLACEMENTS

               On October 22, 1997, the Board of Directors authorized a
               second private placement of up to $2,000,000 in either
               shares of the Company's common stock at $2.30 per share or
               of units at $3.00 per unit consisting of one share of the
               Company's common stock and a warrant to purchase an
               additional share of the Company's common stock at $2.30 per
               share with an exercisable life of five years.  The period of
               this offering extended through February 28, 1998. Through
               February 28, 1998, 43,000 shares of the Company's common
               stock plus stock warrants representing the right to purchase
               30,000 shares of the Company's common stock at $2.30 per
               share have been issued resulting in proceeds of $89,900, all
               received prior to February 28, 1998, the date the offering
               was discontinued.

          NOTE 5.  SUPPLEMENTAL CASH FLOW DISCLOSURES

               Cash paid for interest was approximately $19,700 and $18,500
               for the six month periods ended February 28, 1998 and 1997,
               respectively.

               On October 1, 1996 the Company purchased all of the capital
               stock of Maxwell Partners, Inc. (N/K/A Synaptx Impulse,
               Inc.), for $690,000 utilizing the Company's $.001 par value
               common stock. On January 5, 1998 the Company purchased all
               of the capital stock of WG Controls, Inc. for approximately
               $1,100,000 utilizing common stock, preferred stock, and
               future cash payouts.  (See note 3).  In conjunction with
               these acquisitions, liabilities assumed were as follows:

                                             Six Months Ended
                                             ----------------
                                   February 28, 1998   February 28, 1997   
                                   -----------------   -----------------

          Fair value of
             assets acquired            $ 1,126,776         $  1,895,026 
          Cash acquired                      33,452                    - 
          Value of stock issued            (869,621)            (690,000)
                                        -----------         ------------

          Liabilities assumed           $   290,607         $  1,205,026
                                        ===========         ============


                                      10
          <PAGE>


          ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
          CONDITION AND RESULTS OF OPERATIONS

               The Company is a fully integrated service provider of
          consulting, marketing, sales advice and implementation strategies
          serving customers in the telecommunications and information
          industries.  The Company operates in one business segment.  The
          Company's fiscal year ends August 31.

          OVERVIEW
          --------

               The Company plans marketing programs and develops sales and
          marketing literature for print and electronic media for which
          consulting fees are charged and production revenues are
          generated.  It also represents certain product lines of customers
          serving the telecommunications (both voice and data networking)
          and cable TV industries as sales representatives for which
          commission income is being earned.  Additionally the Company
          places executives in positions at telecommunications clients,
          primarily in sales and marketing positions, for which executive
          placement fees are being realized as revenues based upon an
          agreed upon percentage of salary and other compensation of the
          individuals so hired.

               The Company's objective is to use its knowledge of and its
          sales and marketing resources focused on the telecommunications
          industry to acquire and improve equipment manufacturers and
          software developers.  Targeted acquisition candidates would
          potentially include companies that have demonstrated the ability
          to envision, design and commercialize unique telecommunications
          products and services.  Once such an entity is acquired, the
          Company will direct its sales, marketing and managerial resources
          toward achieving increased revenues and earnings.  To date, the
          Company has only acquired companies that support its core
          services of consulting, marketing and sales.  They will be the
          foundation to help create the potential revenues and earnings
          growth for target acquirees.

               The Company's ability to continue as a going concern is
          contingent upon its ability to secure additional financing,
          conduct an additional private placement, and attain profitable
          operations.  In addition, the Company's ability to continue as a
          going concern must be considered in light of the problems,
          expenses and complications frequently encountered by entrance
          into established markets and the competitive environment in which
          the Company operates.

          RESULTS OF OPERATIONS
          ---------------------

               The following table sets forth the percentage relationship
          to total revenues of principal items contained in the Company's
          Condensed Consolidated Statements of Operations for the three and
          six month periods ended February 28, 1998 and 1997.  It should be
          noted that percentages discussed throughout this analysis are
          stated on an approximate basis.

                                       Three Months Ended  Six Months Ended
                                          February 28,        February 28, 
                                         1998       1997    1998       1997
                                         ---------------    ---------------
                                                    (unaudited)

               Net sales and
                  revenues  . . . . .     100%       100%    100%     100% 
               Cost of sales  . . . .      84%        73%     76%      73% 
                                          ---        ---     ---      ---
               Gross Profit . . . . .      16%        27%     24%      27% 
               Selling, general and
                   administrative
                   expenses . . . . .      41%        42%     36%      45% 
                                          ---        ---     ---      ---
               Operating loss . . . .     (25%)      (15%)   (12%)    (18%)
               Interest expense . . .       1%         1%      1%       2% 
                                          ---        ---     ---      ---
               Net loss . . . . . . .     (26%)      (16%)   (13)%    (20)%
                                          ===        ===     ===      ===


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     <PAGE>


          NET SALES AND REVENUES
          ----------------------

               The Company's net sales and revenues increased by $519,098
          or 54%, from $958,482 for the three months ended  February 28,
          1997 ("2Q/97") to $1,477,580 for the three months ended February
          28, 1998 ("2Q/98"). The increase was attributable to increases of
          $50,065 from Marketing Services and Production, $447,033 from
          Commission Income, and $22,000 from Executive Placement Fees. The
          increases are primarily due to 2Q/98 figures having a full three
          months of activity of ORAYCOM and two months of activity for WG,
          while 2Q/97 revenues included no activity for ORAYCOM, or WG.

               For the six month period ended February 28, 1998, the
          Company's net sales and revenues increased by $1,429,025 or 92%,
          from $1,551,408 for the six months ended  February 28, 1997 to
          $2,980,433 for the six months ended February 28, 1998.  The
          increase was attributable to increases of $679,572 from Marketing
          Services and Production, $712,123 from Commission Income, and
          $37,330 from Executive Placement Fees. The increases are
          primarily due to the six months ended February 28, 1998 figures
          having a full six months of activity for ORAYCOM and Impulse and
          two months of revenue for WG, while the comparable period in the
          prior year included no activity for ORAYCOM or WG and only five
          months of activity for Impulse.

          COST OF SALES
          -------------

               Cost of sales and revenues increased by $549,016 in 2Q/98,
          or 79%, from $696,637 in 2Q/97 to $1,245,653 in 2Q/98.  The
          increase was primarily due to 2Q/98 figures having a full three
          months of activity of Synaptx Impulse ("Impulse"), Synaptx Access
          ("Access"), and ORAYCOM and two months of revenue for WG, while
          2Q/97 revenues included no activity for ORAYCOM, or WG.

               Cost of sales and revenues increased by $1,137,931 or 100%
          from $1,135,927 in the six months ending February 28, 1997 to
          $2,273,858 on the six months ending February 28, 1998.  The
          increase was primarily due to the six months ending February 28,
          1998 figures having a full six months of activity of Impulse and
          ORAYCOM and two months of activity for WG, while the comparable
          period in the prior year included no activity for ORAYCOM or WG
          and only five months of activity for Impulse.

          GROSS PROFIT
          ------------

               The Company's gross profit margin, was 27% and 16% for 2Q/97
          and 2Q/98, respectively.  The decrease in gross profit margin of
          11 points in 2Q/98 is partly attributable to a shift in the mix
          from higher margin, in-house, professional services to more
          externally supported database services with a corresponding lower
          gross margin. Additionally, 2Q/98 includes three months of
          activity for ORAYCOM and two months of activity for WG, while the
          comparable period in the prior year had no activity from sales
          representative firms that typically operate on lower margins than
          the other business units.

               The Company's gross profit margin, was 27% and 24% for the
          six months ending February 28, 1997 and 1998, respectively.  The
          decrease in gross profit margin of 3 points in the six months
          ending February 28, 1998 is partly attributable to a shift in the
          mix from higher margin, in-house, professional services to more
          externally supported database services with a corresponding lower
          gross margin. Additionally, the six months ending February 28,
          1998 includes six months of activity for ORAYCOM and Impulse and
          two months of activity for WG, while the comparable period in the
          prior year had no activity from sales representative firms that


                                      12
     <PAGE>


          typically operate on lower margins than the other business units,
          and only five months of activity of Impulse.

          SELLING, GENERAL AND ADMINISTRATIVE EXPENSES
          --------------------------------------------

               Selling, general and administrative expenses, including
          depreciation and amortization, increased by $204,998 in 2Q/98 or
          50%, from $406,477 in 2Q/97 to $611,475 in 2Q/98. The increase
          was primarily due to 2Q/98 figures having a full three months of
          activity of Impulse, Access, and ORAYCOM, and two months of
          activity for WG, while 2Q/97 figures included no activity for
          ORAYCOM or WG.  Goodwill amortization increased by approximately
          $20,000 and depreciation increased by approximately $12,000 over
          the prior period primarily due to the acquisitions of ORAYCOM,
          which had three months of activity as compared to none in the
          prior period, and WG, which had two months of activity as
          compared to none in the prior period.

               Selling, general and administrative expenses, including
          depreciation and amortization, increased by $394,038 or 57%, from
          $687,568 in the six months ending February 28, 1997 to $1,081,606
          in the six months ending February 28, 1998. The increase was
          primarily due to the six months ending February 28, 1998 having a
          full six months of activity of Impulse, Access, and ORAYCOM, and
          two months of activity for WG, while the comparable period in the
          prior year included no activity for ORAYCOM or WG and only five
          months of activity for Impulse. Goodwill amortization increased
          by approximately $43,000 and depreciation increased by
          approximately $20,000 over the prior period due to the
          acquisitions of ORAYCOM and WG as well as an additional month of
          activity for Impulse in the current period as compared to the
          prior period.

          INTEREST EXPENSE
          ----------------

               Interest expense increased by $4,292 in 2Q/98 or 51%, from
          $8,449 in 2Q/97 to $12,741 in 2Q/98.  This increase is
          attributable to additional borrowings on bank lines of credit as
          well as interest accrued on notes payable to related parties.

               Interest expense decreased by $8,746 or 28%, from $31,542 in
          the six months ending February 28, 1997 to $22,796 in the six
          months ended February 28, 1998.  This decrease is attributable to
          the prior year including $14,000 of interest attributable to
          amortization of stock warrants issued at an exercise price below
          fair market value.  This decrease is offset by an increase
          attributable to additional borrowings on bank lines of credit as
          well as interest accrued on notes payable to related parties.

          NET OPERATING LOSS
          ------------------

               The Company has accumulated approximately $800,000 of net
          operating loss carryforwards as of February 28, 1998, which may
          be offset against taxable income and income taxes in future
          years.  The use of these losses to reduce future income taxes
          will depend on the generation of sufficient taxable income prior
          to the expiration of the net operating loss carryforwards.  The
          carry forwards expire in the year 2013.  In the event of certain
          changes in control of the Company, there will be an annual
          limitation on the amount of net operating loss carryforwards
          which can be used.  No tax benefit has been reported in the
          financial statements for the three months or the six months ended
          February 28, 1998 because there is a 50% or greater chance that
          the carryforward will not be utilized.  Accordingly, the
          potential tax benefit of the loss carryforward is offset by a
          valuation allowance of the same amount.

          LIQUIDITY AND CAPITAL RESOURCES
          -------------------------------

               The Company's principal cash requirements are for operating
          expenses, including employee costs, outside consultants such as


                                      13
     <PAGE>


          independent contractors who provide design, copywriting and
          professional marketing and sales consulting services, funding of
          accounts receivable, capital expenditures and funding of
          acquisitions.  The Company's primary sources of cash have been
          from an initial private placement of the Company's common stock
          which raised $753,993 of net proceeds, a stock rights offering to
          then existing shareholders which raised $7,828, a private
          placement to an existing employee of the Company which raised
          $30,000 and a secondary private placement which has raised
          $89,900, plus cash derived from operations. The Company is
          investigating various sources for additional financing, including
          both equity infusion and debt facility arrangements.  There is no
          assurance that the Company will consummate any additional
          financing or that any additional financing will not be dilutive
          to shareholders.

          Six Months Ended February 28, 1998

               Cash increased $63,799 from $58,265 at the beginning of the
          period to $122,064 at the end of the period.  Net cash provided
          by operations was $8,987 mainly attributable to non-cash expense
          items (depreciation and amortization) of $143,690 and a net
          increase in accounts payable and accrued expenses of $330,658 and
          a decrease in accounts receivable of $236,693, offset by the net
          loss of $397,827, a decrease in deferred revenue of $270,700 and
          an increase in other current assets of $33,527.

               Net cash used in investing activities was $230,364
          attributable to cash acquired in acquisitions of $33,452, offset
          by additions to fixed assets of $52,297 and additions to other
          long term assets of $211,520.

               Net cash provided by financing activities was $285,176
          attributable to proceeds from issuance of common stock of
          $148,023 and additions to long term debt of $140,300 offset by
          reductions in bank lines of credit of $1,309 and other short term
          debt of $1,837.

          Six Months Ended February 28, 1997

               Cash balances increased by $124,681 from $0 at the beginning
          of the period to $124,681 at the end of the period.    Net cash
          used in operations was $321,787 attributable to the net loss of
          $303,629, an increase in accounts receivable of $84,391, a net
          decrease in accounts payable and accrued expenses of $18,225, and
          a decrease in deferred revenue of $12,500, offset by non-cash
          expense items (depreciation and amortization) of $81,545, and a
          decrease in other current assets of $15,413.

               Net cash used in investing activities was $77,039,
          attributable to additions to fixed assets of $63,782 and
          additions to other long-term assets of $13,257.

               Net cash provided by financing activities was $523,507,
          attributable to proceeds from the issuance of common stock of
          approximately $666,213, a decrease in restricted cash of $10,000,
          a decrease in deferred placement costs of $5,000, a decrease in
          amounts advanced to Impulse, realized upon acquisition of
          $50,000, and an increase in amounts due to officers of $9,700,
          offset by reductions in the bank lines of credit and other long
          term debt of $207,406 and a decrease in the liability to private
          placement subscribers of $10,000.

          INFLATION
          ---------

               In the opinion of management, inflation has not had a
          material effect on the operations of the Company.


                                      14
     <PAGE>


          RISK FACTORS AND CAUTIONARY STATEMENTS
          --------------------------------------

               Forward-looking statements in this report are made pursuant
          to the "safe harbor" provisions of the Private Securities
          Litigation Reform Act of 1995.  The Company wishes to advise
          readers that actual results may differ substantially from such
          forward-looking statements.  Forward-looking statements involve
          risks and uncertainties that could cause actual results to differ
          materially from those expressed in or implied by the statements,
          including, but not limited to, the following: the ability of the
          Company to provide for its debt obligations and to provide for
          working capital needs from operating revenues, and other risks
          detailed in the Company's periodic report filings with the
          Securities and Exchange Commission.


                                       PART II


          ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

          The following were filed with form 8-K and are incorporated
          herein by reference.

          (b)  No reports were filed on Form 8-K during this quarter.
               The Form 8-K related to the acquisition of WG Controls, Inc.
               was subsequently filed on March 23, 1998.



          SIGNATURES

               In accordance with the requirements of the Securities
          Exchange Act of 1934, the Registrant caused this report to be
          signed on its behalf by the undersigned, thereunto duly
          authorized.

                                    SYNAPTX WORLDWIDE, INC.


          Date:  April 13, 1998     By  /s/ Ronald L. Weindruch
                                      ---------------------------------
                                    RONALD L. WEINDRUCH, President
                                    and Chief Executive Officer


          Date:  April 13, 1998     By  /s/ Richard E. Hanik
                                      ---------------------------------
                                    RICHARD E. HANIK
                                    Chief Financial Officer




                                      15
     <PAGE>


                           EXHIBIT INDEX


          Exhibit          Description
          -------          -----------

            27             Financial Data Schedule