<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Electronic Processing, Inc. Statement of Income for year and six months ended
December 31, 1999 and June 30, 2000, respectively, and Balance Sheet as of
December 31, 1999 and June 30, 2000, and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> 12-MOS 6-MOS
<FISCAL-YEAR-END> DEC-31-1999 DEC-31-2000
<PERIOD-START> JAN-01-1999 JAN-01-2000
<PERIOD-END> DEC-31-1999 JUN-30-2000
<CASH> 3,426,059 8,031,145
<SECURITIES> 8,868,621 25,236,815
<RECEIVABLES> 0 0
<ALLOWANCES> 0 0
<INVENTORY> 0 0
<CURRENT-ASSETS> 12,631,501 33,618,054
<PP&E> 2,458,678 2,776,841
<DEPRECIATION> 116,862 293,823
<TOTAL-ASSETS> 14,973,317 36,550,983
<CURRENT-LIABILITIES> 401,263 798,835
<BONDS> 0 0
0 0
1,752 936
<COMMON> 44,311 62,089
<OTHER-SE> 14,023,650 34,344,050
<TOTAL-LIABILITY-AND-EQUITY> 14,973,317 36,550,983
<SALES> 0 0
<TOTAL-REVENUES> 0 0
<CGS> 0 0
<TOTAL-COSTS> 8,551,973 5,562,918
<OTHER-EXPENSES> 0 0
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 0 0
<INCOME-PRETAX> (7,867,563) (4,653,819)
<INCOME-TAX> 0 0
<INCOME-CONTINUING> (7,867,563) (4,653,819)
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (7,867,563)<F1> (4,653,819)<F1>
<EPS-BASIC> (.74) (.32)
<EPS-DILUTED> 0 0
<FN>
(1) EPS-BASIC
</FN>
</TABLE>