UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB


(Mark One)

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

                For the Quarterly Period Ended September 30, 1999

                         Commission file number 33-36670

                         HIDENET SECURE ARCHITECTURES, INC.
                  (Exact name of registrant as specified in its charter)

                  New Jersey                           22-3061278
      (State or other jurisdiction of                   (I.R.S.
       incorporation or organization)         Employer Identification No.)


103 Medinat Hayehudim Street, POB 837, Herzliya Israel               46733
      (Address of principal executive offices)                    (Zip Code)

                               011-972-9-957-9795
              (Registrant's telephone number, including area code)


              (Former name, former address and former fiscal year,
                         if changed since last report)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 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

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

Common Stock, $.025 par value, 4,639,600 shares outstanding as of March 15, 2000

Traditional Small Business Disclosure Format (check one):     [X] Yes  [_] No

<PAGE>



                       HIDENET SECURE ARCHITECTURES, INC.

                   (formerly known as Savin Electronics Inc.)


                                            INDEX




                                                                            Page

     Part I. Financial Information

          Item 1.  Balance Sheets

                   Statements of Operations

                   Statements of Cash Flows

                   Notes to Financial Statements

          Item 2.  Management's Discussion and Analysis
                   or Plan of Operation

     Part II. Other Information

          Item 1.  Legal Proceedings

          Item 2.  Changes in Securities

          Item 3.  Defaults upon Senior Securities

          Item 4.  Submission of Matters to a Vote of Security-Holders

          Item 5.  Other information

          Item 6.  Exhibits and Reports on Form 8-K

<PAGE>


                                                                DRAFT: 22/3/00




                        HIDENET SECURE ARCHITECTURES INC.

                       (FORMERLY: SAVIN ELECTRONICS INC.)


                          INTERIM FINANCIAL STATEMENTS

                            AS OF SEPTEMBER 30, 1999


                                 IN U.S. DOLLARS


                                    UNAUDITED




                                      INDEX




                                                                           Page


Consolidated Balance Sheets                                                  2

Consolidated Statements of Operations                                        3

Consolidated Statements of Cash Flows                                      4 - 5

Notes to Consolidated Financial Statements                                 6 - 7





                                 - - - - - - - -



<PAGE>
<TABLE>
<CAPTION>


                                             HIDENET SECURE ARCHITECTURES INC.
                                           (Formerly:  Savin Electronics Inc.)
CONSOLIDATED BALANCE SHEETS
--------------------------------------------------------------------------------
In U.S. dollars

                                                          September      December 31,
                                                             30,
                                                             1999            1998
                                                         -------------   -------------
                                                          Unaudited        Audited
<S>                                                      <C>             <C>
                                                         -------------   -------------
  ASSETS
CURRENT ASSETS:
Cash and cash equivalents                                    54,797               -
Prepaid Expenses                                            194,113               -
                                                         -------------   -------------

Total current assets                                        248,910               -
                                                         -------------   -------------

INVESTMENT IN A SUBSIDIARY                                        1               1
                                                         -------------   -------------

FIXED ASSETS:
 Cost                                                        30,072               -
 Less - accumulated depreciation                                376               -
                                                         -------------   -------------

                                                             29,696               -
                                                         -------------   -------------

OTHER ASSETS                                                110,000               -
                                                         -------------   -------------

                                                            388,607               1
                                                         =============   =============
  LIABILITIES AND SHAREHOLDERS' EQUITY
   (DEFICIENCY)
CURRENT LIABILITIES:
 Short-term bank credit                                       3,684               -
 Accounts payable and accrued liabilities                   104,956          58,877
 Loan payable - related parties                              93,035           7,835
                                                         -------------   -------------

Total current liabilities                                   201,675          66,712
                                                         -------------   -------------

SHAREHOLDERS' EQUITY (DEFICIENCY):
Common stock - $ 0.025 par value:
Additional paid-in capital                                1,230,166         943,916
Accumulated deficit                                      (1,144,724)     (1,012,117)
                                                         -------------   -------------

Total shareholders' equity (deficiency)                     186,932         (66,711)
                                                         -------------   -------------

                                                            388,607               1
                                                         =============   =============
</TABLE>


The  accompanying  notes  are an  integral  part of the  consolidated  financial
statements.



<PAGE>
<TABLE>
<CAPTION>


                                             HIDENET SECURE ARCHITECTURES INC.
                                           (Formerly:  Savin Electronics Inc.)
CONSOLIDATED STATEMENTS OF OPERATIONS
--------------------------------------------------------------------------------------
In U.S. dollars


                                   Three months ended          Nine months ended
                                     September 30,               September 30,
                                -------------------------   -------------------------
                                   1999          1998          1999         1998
                                ------------  -----------   -----------  ------------
                                                     Unaudited
                                -----------------------------------------------------
<S>                             <C>           <C>           <C>          <C>
Cost and expenses:
 Research and development,          23,346            -         23,346            -
 General and administrative        108,740            -        108,940        2,415
 Financial expenses                    321            -            321            -
                                ------------  -----------   -----------  ------------

Net loss                           132,407            -        132,607        2,415
                                ============  ===========   ===========  ============

Basic and diluted net loss             0.03           -           0.03          0.07
per share
                                ============  ===========   ===========  ============

Weighted average number of
 shares outstanding              4,059,600       32,600      4,059,600       32,600
                                ============  ===========   ===========  ============
</TABLE>




The  accompanying  notes  are an  integral  part of the  consolidated  financial
statements.


<PAGE>
<TABLE>
<CAPTION>
                                             HIDENET SECURE ARCHITECTURES INC.
                                           (Formerly:  Savin Electronics Inc.)
CONSOLIDATED STATEMENTS OF CASH FLOWS
--------------------------------------------------------------------------------------
In U.S. dollars


                                                              Nine months ended
                                                                September 30,
                                                         ----------------------------
                                                             1999           1998
                                                         -------------  -------------
                                                                       Unaudited
                                                         ----------------------------
<S>                                                      <C>            <C>
Cash flows from operating activities:
Net loss                                                   (132,607)        (2,415)
Adjustments to reconcile loss to net cash provided by       142,542          2,415
 operating activities:
                                                         -------------  -------------

Net cash provided by operating activities                     9,935              -
                                                         -------------  -------------

Cash flows from investing activities:
Purchase of fixed assets                                    (30,072)             -
                                                         -------------  -------------

Net cash used in investing activities                       (30,072)             -
                                                         -------------  -------------

Cash flows from financing activities:
Changes in short-term credit, net                             3,684              -
Proceeds from issuance of common shares, net                 71,250              -
                                                         -------------  -------------

Net cash provided by financing activities                    74,934              -
                                                         -------------  -------------

Increase in cash and cash equivalents                        54,797              -
Cash and cash equivalents at the beginning of the                 -              -
period
                                                         -------------  -------------

Cash and cash equivalents at the end of the period           54,797              -
                                                         =============  =============

Non-cash transactions:
---------------------
Issuance of shares                                          300,000
Receivables                                                (180,000)
Other assets                                               (120,000)
                                                         -------------  -------------

                                                                  -
                                                         =============  =============
</TABLE>




The  accompanying  notes  are an  integral  part of the  consolidated  financial
statements.






<PAGE>
<TABLE>
<CAPTION>
                                             HIDENET SECURE ARCHITECTURES INC.
                                           (Formerly:  Savin Electronics Inc.)
CONSOLIDATED STATEMENTS OF CASH FLOWS
--------------------------------------------------------------------------------------
In U.S. dollars


                                                              Nine months ended
                                                                September 30,
                                                         ----------------------------
                                                             1999           1998
                                                         -------------  -------------
                                                                       Unaudited
                                                         ----------------------------

<S>                                                      <C>            <C>
Adjustments to reconcile loss to net cash provided by
-----------------------------------------------------

  Income and expenses not involving cash flows:
   Compensation in respect of option granted to              15,000              -
   Depreciation                                              10,376              -

  Changes in operating asset and liability items:
   Increase in receivables                                  (14,113)             -
   Increase in accounts payable and accrued                  46,079          2,415
   Increase in loan payable - related parties                85,200              -
                                                         -------------  -------------

                                                            142,542          2,415
                                                         =============  =============
</TABLE>




The  accompanying  notes  are an  integral  part of the  consolidated  financial
statements.


<PAGE>


                                             HIDENET SECURE ARCHITECTURES INC.
                                           (Formerly:  Savin Electronics Inc.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
--------------------------------------------------------------------------------
In U.S. dollars


NOTE 1:-  GENERAL

          Basis of Presentation

          The accompanying  unaudited financial statements have been prepared by
          Hidenet  Secure  Architectures  Inc. in accordance  with the rules and
          regulations  of  the  Securities   and  Exchange   Commission.   These
          accompanying  financial  statements  reflect all adjustments which, in
          the opinion of management,  are necessary for a fair  presentation  of
          the financial  position and the results of operations  for the interim
          periods presented.  All such adjustments are of a normal and recurring
          nature.  The results of operations for the interim  periods  presented
          are not necessarily indicative of the results of future operations.

          Certain financial information, which is normally included in financial
          statements  prepared in accordance with generally accepted  accounting
          principles,  is not required for interim  reporting  purposes and, has
          accordingly  been  condensed or omitted.  The  accompanying  financial
          statements should be read in conjunction with the financial statements
          and notes  thereto  included in the  Company's  report,  filed on Form
          10-KSB for the year ended December 31, 1998.


NOTE 2:-  INVESTMENT AGREEMENT



               In June 1999,  the Company  entered into an investment  agreement
          with  several  investors  ("Investors")  and a  placement  agent ("the
          Agent").  Pursuant to the  agreement,  the  Investors  assigned to the
          Company  all of their  rights,  titles  and  interest  in  proprietary
          technology  in the field of  network  data  security,  and  consulting
          services in exchange for the  allocation of 3,000,000 of the Company's
          shares.  In addition,  the Agent will act as the  exclusive  financial
          consultant  to raise  capital in the  aggregate  of $ 600,000,  in two
          stages:

          Stage  A - The  issuance  of  1,000,000  representing  24.6  % of  the
          Company's  outstanding  shares,  in  return  for  an  investment  of $
          100,000. (This stage took place in July 1999.)

          Stage B - The  issuance of 800,000  shares  representing  16.5% of the
          Company's outstanding shares, in return for an investment of $ 500,000
          within 180 days from the completion date of Stage A. This stage can be
          executed in portions that for each installment of $ 50,000 the Company
          will issue 80,000 shares of Common stock. As a  consideration  for the
          raising of capital,  the Agent will  receive $ 75,000 per year for one
          year,  for  consulting  services $ 10,000 for  expenses and 10% of the
          gross amounts raised from Investors introduced by the Agent.

          In  addition,  the Agent  will  receive  options to  purchase  500,000
          Ordinary  shares of the Company,  at an exercise  price of $ 0.125 per
          share.  The  options  are  exercisable  within  three  years  from the
          completion date of Stage A.


<PAGE>


                                             HIDENET SECURE ARCHITECTURES INC.
                                           (Formerly:  Savin Electronics Inc.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
--------------------------------------------------------------------------------
In U.S. dollars


          The agreement also states that the Company will establish a subsidiary
          in Israel. The subsidiary will engage in research and development. The
          Company  will  assign  and  transfer  to  the  subsidiary  all  of its
          intellectual  property and all funds raised by Stage A of  investment,
          net of the cost of  registration  of the shares  (The  subsidiary  was
          established in July 1999).

          In connection with acting as a consultant to the subsidiary, the Agent
          is entitled to 7% of the gross proceeds of any investment  made in the
          subsidiary, and Ordinary shares of the subsidiary,  representing 7% of
          the gross proceeds of an investment made in the subsidiary.




                                    - - - - - - - -



<PAGE>






     Item 2. Management's Discussion and Analysis or Plan of Operation:

     Cautionary Statement for Forward-Looking Information

     Certain statements contained in this report, including statements regarding
the anticipated  development of the Company's  business,  the intent,  belief or
current  expectations of the Company,  its directors or its officers,  primarily
with  respect to the  performance  of the Company and the products it expects to
offer and other  statements  contained  herein  regarding  matters  that are not
historical  facts, are  "forward-looking"  statements  within the meaning of the
Private Securities Litigation Reform Act (the "Reform Act"). Future filings with
the Securities and Exchange Commission, future press releases and future oral or
written  statements  made by or with the  approval of the Company  which are not
statements of historical fact, may contain forward-looking  statements under the
Reform Act.  Because such  statements  include risks and  uncertainties,  actual
results  may  differ   materially  from  those  expressed  or  implied  by  such
forward-looking  statements.  Factors that could cause actual  results to differ
materially  from those expressed or implied by such  forward-looking  statements
include,  without  limitation,  the failure of the Company to obtain  additional
financing,  the failure of the Company to develop a product which is marketable,
rapid   technological   changes  in  the   environment,   frequent  new  product
introductions by others in the industry with greater resources than the Company,
competition  in the  marketplace  in which the  Company  decided to operate  and
evolving  industry  standards and customer  preferences in that market which are
difficult  to predict.  Not only could the Company  fail to produce a marketable
product,  but the  introduction of products  embodying new  technologies and the
emergence of new industry standards could render the Company's product, if it is
even   developed,   as  well  as  any  potential  new  products,   obsolete  and
unmarketable.  Such constant  technological  changes also make  accurate  market
predictions difficult.  The Company's results depend in part upon its ability to
attract,   train,   retain  and  motivate   qualified   management,   technical,
manufacturing,  sales and support personnel for its operations.  The Company has
no patent protection for its product which it is in the process of developing.

     All forward-looking  statements speak only as of the date on which they are
made. The Company  undertakes no obligation to update such statements to reflect
events that occur or  circumstances  that exist after the date on which they are
made.



<PAGE>
     The Company has never had any revenues since its  inception.  The Company's
wholly-owned   subsidiary,   Hidenet  Secure   Architectures  Ltd.,  an  Israeli
corporation,  is still in the development  stage of a marketable  product in the
field of  network  data  security.  Said  subsidiary  is  working  on a compact,
comprehensive  and  easy-to-use  security  software for  personal and  corporate
markets,  specializing  in privacy and  anonymity  among  Internet  and Intranet
users.  The Company has no current  operations,  and even if the  products it is
developing in the networks data security  field are brought to market,  there is
no  likelihood  that the sales of the  Company's  products will be sufficient to
cover the costs and expenses of the Company's operations.  The Company estimates
that sales of its products will commence in the third quarter of 2000, but there
is no  assurance  that its  products  will be ready for market at such time.  In
addition,  the failure by the Company to locate additional funding raises doubts
about its ability to continue as a going concern.

     On  December  28, 1999 IBDH,  LLC, a Delaware  limited  liability  company,
purchased all the shares of the Company owned by Jonathan Levin,  Uriel Ginsburg
and John  Federman.  These  shares  were  initially  issued  by the  Company  in
connection with the acquisition by the Company of the right,  title and interest
in the  proprietary  technology in the field of network data  security  owned by
said  individuals.  IBDH,  LLC  is  owned  80% by Ron  Fussman,  the  President,
Secretary and a director of the Company, and 20% by Uriel Ginsburg.  Through his
beneficial ownership of IBDH, LLC, Mr. Fussman owns 62.5% of the Company.

     In November,  1999,  investors  invested $50,000 to the Company in exchange
for 80,000 shares of common stock. In connection  therewith,  the Company issued
to Royce Investment  Group ("RIG") an additional  80,000 shares of common stock.
In  addition,  the warrant  issued to RIG to purchase  500,000  shares of common
stock at  $0.125  was  exercised  by RIG in  January  2000.  RIG is owned by Mr.
Fussman.  See the Form 8-K with date of report June 11, 1999 for a more detailed
description  of the  agreement  with RIG and the  Company  and the  transactions
contemplated thereby.

     Year 2000 Compliance

     The "Year 2000  problem"  describes  the  world-wide  concern  that certain
computer applications, which use two digits rather than four to represent dates,
will interpret the year 2000 as the year 1900 and malfunction on January 1, 2000
or thereafter.  Since the Company has no operations,  the year 2000 problem does
not pertain to the Company.  The Company will ensure that its products,  and any
products of material  significance to the Company,  will function normally after
the year 2000.

                         Part II -  Other Information

     Item 1. Legal Proceedings.

     The  Company's  wholly  owned  subsidiary,  Savin  Israel,  was  placed  in
receivership  in August of 1997. See Form 10-KSB for the year ended December 31,
1998 for a further description of such proceedings. The Company is not presently
a party to any other material litigation nor, to the knowledge of management, is
any material litigation threatened.

     Item 2. Changes in Securities.

     None.

     Item 3. Defaults upon Senior Securities.

     None.

     Item 4. Submission of Matters to a Vote of Security-Holders.

     None.

<PAGE>
     Item 5. Other information.

     None.

     Item 6. Exhibits and reports on Form 8-K

     (a) Exhibits

          27.1 Financial Data Schedule.

     (b) Reports on Form 8-K

          None.



<PAGE>


                                   SIGNATURES


      In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                    HIDENET SECURE ARCHITECTURES, INC.


                                    By
                                          --------------------------------
                                          Ron Fussman, President


Date: March __, 2000


      In accordance  with the Exchange Act, this report has been signed below by
the following  persons on behalf of the  registrant and in the capacities and on
the dates indicated.




                         President, Secretary and a        Dated: March __, 2000
      Ron Fussman        Director




                         Chairman of the Board of          Dated: March __, 2000
      Avrum Savran       Directors and
                         Treasurer