Interactive Systems Worldwide Inc.
			f/k/a International Sports Wagering Inc.
			Statements of Operations
			(Unaudited)
 


                                                                         
                              		Three Months Ended       Six Months Ended        
                                 	 March 31, 	           March 31, 
                              		 2001        2000        2001         2000 

Revenues, net               	$ 974,200  $ 124,605  $ 1,698,400   $  131,876

Costs and expenses:
 Cost of revenues, research 
  and development expense     251,890    247,956      489,216      480,102   
 General and 
  administrative expense      325,061    498,587      584,869    1,055,089   
                             		 576,951    746,543    1,074,085    1,535,191   
  
   Operating income (loss)    397,249  _(621,938)     624,315   (1,403,315)  

Interest income               	 47,661     31,215       94,525       66,142  
  
   Net income (loss)        	$ 444,910  $(590,723)   $ 718,840  $(1,337,173)  

Net income (loss) 
   per share- basic         	$    0.05  $   (0.07)   $    0.08  $     (0.16)  

Weighted average basic
 common shares outstanding  8,935,725  8,576,363    8,982,895    8,213,128_         

Net income (loss) 
   per share- diluted      	 $    0.05  $   (0.07)   $    0.08  $     (0.16)  

Weighted average diluted
 common shares outstanding  9,245,529  8,576,363    9,283,380    8,213,128_ 

 
			Interactive Systems Worldwide Inc.
			f/k/a International Sports Wagering Inc.
			Summary Balance Sheet Data
			(Unaudited)

				March 31, 2001	 December 31, 2000
Cash and short term investments
(including marketable securities)	$ 3,727,028	$ 3,173,102
Total current assets		$ 3,821,587	$ 3,247,896
Total assets			$ 3,896,022	$ 2,324,717
		
Current liabilities 			$   690,621	$   477,481
Total liabilities			$   690,621	$   477,481
		
Stockholders’ equity		$ 3,205,401	$ 2,847,236