<TABLE>
<CAPTION>

                                                
                           ACCENT COLOR SCIENCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                STATEMENT RE COMPUTATION OF LOSS PER COMMON SHARE

                                               For the quarter      For the quarter
                                               ended March 31,      ended March 31,
                                                     1997                     1996
                                                                          (Pro Forma)
                                                                  
   <S>                                        <C>                   <C> 
   Net loss .........................              $  (4,096,025)       $   (2,045,713)(1)
   Calculation of weighted average common                                             
   shares outstanding (2):
        Common Stock ......................           10,139,775             2,094,840
        Cheap Stock 3)....................                     -             2,422,751
        Conversion of Series A Preferred                                              
   Stock ...........                                           -              1,362309
        Conversion of Series III Debentures,                                          
   including accrued interest (4)..                            -               575,789
                                                                                      
             Total ........................           10,139,775             6,455,689
                                                                                      
   Net loss per common share                  $             (.40)   $             (.30)

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(1)  Adjusted to give effect to the conversion of Series III Debentures at the
 beginning of the period, as if  the interest, amortization of the discount and
 amortization of other financing expenses were not incurred.
(2)  Common share equivalents (stock options and warrants) are excluded from the
 computation as their effect is anti-dilutive, except that,  pursuant to
 Securities and Exchange Commission Staff Accounting Bulletin No. 83, common
 stock options and warrants issued and common stock, convertible debt and
 convertible preferred stock sold in the twelve months preceding the initial
 filing date of the offering's registration statement have been included in the
 calculation as if outstanding for the period January 1, 1996 through March 31,
 1996 using the treasury stock method and the initial public offering price of
 $8.00 per share.
(3)  See attached calculation.
(4)  Included as if the conversion of the Series III Debentures occurred at the
 beginning of the period, including shares issued for settlement of accrued
 interest.


<TABLE>
<CAPTION>
                                                
                           ACCENT COLOR SCIENCES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                           CALCULATION OF CHEAP STOCK
                                        

                                       Shares      Price        Total
<S>                                   <C>           <C>      <C>
Quarter ended March 31, 1996                                
Common Stock purchased - private                                         
placement .......                     2,625,000     $  4.00  $ 10,500,000
Options issued .....................    605,250        3.67     2,219,250
Options issued .....................    647,850        4.00     2,591,400
Warrants issued (net of exercised)      569,505        3.67     2,088,185
Warrants issued ...................      45,000        8.00       360,000
Placement agent warrants issued         300,000        4.00     1,200,000
                                                                         
                                                                         
Total ......................          4,792,605              $ 18,958,835
                                                                         
Initial public offering price                                $          8
                                                                         
Shares assumed repurchased                                      2,369,854
                                                                         
Less: shares assumed issued                                     4,792,605
                                                                         
                                                                         
Cheap stock ......................                              2,422,751
                                                            
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