<TABLE> <S> <C>

<PAGE>

<ARTICLE> 5
<LEGEND> This schedule contains summary financial information extracted from
the unaudited September 30, 2000 financial statements of Medcare Technologies,
Inc. and is qualified in its entirety by reference to such financial statements.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                         DEC-31-2000
<PERIOD-START>                            JAN-01-2000
<PERIOD-END>                              SEP-30-2000
<CASH>                                        619,178
<SECURITIES>                                        0
<RECEIVABLES>                                 138,966
<ALLOWANCES>                                   20,510
<INVENTORY>                                         0
<CURRENT-ASSETS>                              813,818
<PP&E>                                        416,983
<DEPRECIATION>                                 82,389
<TOTAL-ASSETS>                              1,231,614
<CURRENT-LIABILITIES>                         399,140
<BONDS>                                             0
                               0
                                 1,038,712
<COMMON>                                       11,349
<OTHER-SE>                                    117,830
<TOTAL-LIABILITY-AND-EQUITY>                1,231,614
<SALES>                                       523,989
<TOTAL-REVENUES>                              523,989
<CGS>                                               0
<TOTAL-COSTS>                               3,590,201
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                           (94,294)
<INCOME-PRETAX>                           (3,079,399)
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                       (3,079,399)
<DISCONTINUED>                                      0
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                              (3,079,399)
<EPS-BASIC>                                    (0.30)
<EPS-DILUTED>                                  (0.30)


</TABLE>



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