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, 2000

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. Employer
    incorporation or organization)                           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. X Yes  __ 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,  5,239,833 shares outstanding as of November 10,
2000

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

--------------------------------------------------------------------------------



<PAGE>




                       HIDENET SECURE ARCHITECTURES, INC.

                   (FORMERLY KNOWN AS SAVIN ELECTRONICS INC.)

<TABLE>
<CAPTION>
                                      INDEX

                                                                                    Page

<S>                                                                                <C>
PART I.  FINANCIAL INFORMATION

         Item 1.  Consolidated Balance Sheets                                       F-2

                  Consolidated Statements of Operations                             F-3

                  Statements of Changes in Shareholders' Deficiency                 F-4

                  Consolidated Statements of Cash Flows                             F-6

                  Notes to Financial Statements                                     F-7

        Item 2.   Management's Discussion and Analysis or Plan of Operation         3

PART II.  OTHER INFORMATION

         Item 1.  Legal Proceedings                                                 4

         Item 2.  Changes in Securities                                             4

         Item 3.  Defaults upon Senior Securities                                   5

         Item 4.  Submission of Matters to a Vote of Security-Holders               5

         Item 5.  Other information                                                 5

         Item 6.  Exhibits and Reports on Form 8-K                                  5
</TABLE>


<PAGE>

                        HIDENET SECURE ARCHITECTURES INC.
                          (A DEVELOPMENT STAGE COMPANY)

                    INTERIM CONSOLIDATED FINANCIAL STATEMENTS

                            AS OF SEPTEMBER 30, 2000

                                 IN U.S. DOLLARS

                                    UNAUDITED

                                      INDEX

                                                                         PAGE
                                                                      ----------

CONSOLIDATED BALANCE SHEETS                                                2

CONSOLIDATED STATEMENTS OF OPERATIONS                                      3

STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY                        4 - 5

CONSOLIDATED STATEMENTS OF CASH FLOWS                                      6

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS                               7 - 8




                                 - - - - - - - -



<PAGE>


                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED BALANCE SHEETS
--------------------------------------------------------------------------------
IN U.S. DOLLARS
<TABLE>
<CAPTION>
<S>                                                        <C>                     <C>

                                                                  DECEMBER 31,           SEPTEMBER 30,
                                                                      1999                   2000
                                                             --------------------    --------------------
                                                                                           UNAUDITED
                                                                                     -------------------
    ASSETS

CURRENT ASSETS:
Cash and cash equivalents                                               4,360               655,970
Accounts receivable and prepaid expenses                               43,888                37,407
                                                             --------------------   --------------------
Total current assets                                                   48,248               693,377
                                                             --------------------   --------------------
PROPERTY AND EQUIPMENT, NET                                            38,846                82,154
                                                             --------------------   --------------------
OTHER ASSETS, NET                                                     100,000                70,000
                                                             --------------------   --------------------
                                                                      187,094               845,531
                                                             ====================   ====================
    LIABILITIES AND SHAREHOLDERS' DEFICIENCY

CURRENT LIABILITIES:
Short-term bank credit                                                      -                 2,092
Accounts payable and accrued liabilities                              116,178               240,730
Related parties                                                        85,000                     -
Loan received from officer                                              3,352                     -
                                                             --------------------   --------------------
Total current liabilities                                             204,530               242,822
                                                             --------------------   --------------------

CONVERTIBLE PREFERRED SHARES OF A SUBSIDIARY                                -             1,460,000
                                                             --------------------   --------------------
SHAREHOLDERS' DEFICIENCY
Common shares of $ 0.025 par value -
  Authorized: 15,000,000 shares as of December 31, 1999;
  Issued and outstanding: 4,139,600 as of December 31, 1999           103,490               130,143
Additional paid-in capital                                          1,278,166             2,610,439
Deferred compensation                                                       -              (517,792)
Deficit accumulated during the development stage                   (1,399,092)           (3,080,081)
                                                             --------------------   --------------------
Total shareholders' deficiency                                        (17,436)             (857,291)
                                                             --------------------   --------------------

                                                                      187,094               845,531
                                                             ====================   ====================



</TABLE>

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

                                       2
<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)
CONSOLIDATED STATEMENTS OF OPERATIONS
--------------------------------------------------------------------------------
IN U.S. DOLLARS
<TABLE>
<CAPTION>
                                                                                                PERIOD FROM
                                                                                                  AUGUST 23,
                                      YEAR ENDED    NINE MONTHS ENDED     THREE MONTHS ENDED   1990 (INCEPTION)
                                     DECEMBER 31,     SEPTEMBER 30,            SEPTEMBER 30,      THROUGH
                                                  -------------------  ---------------------    SEPTEMBER 30,
                                         1999        1999      2000       1999        2000          2000
                                     ---------    --------  ---------   ---------   ---------  ----------
                                                                         UNAUDITED
                                     ---------------------------------------------------------------------
<S>                                 <C>        <C>         <C>         <C>          <C>         <C>
Operating costs and expenses:
  Research and development              75,041     23,346     647,231      23,346      422,656     722,272
  Marketing                             25,000          -           -          -            -       25,000
  General and administrative           271,034    108,940     263,848     108,940      119,869     687,521
  Compensation expenses                 15,000          -     778,634          -        37,815     793,634
  Write-down of investment in
    Subsidiary                               -          -           -          -            -      859,478
                                     ---------    --------   ---------   --------   ----------  ----------
Operating loss                         386,075    132,286   1,689,713     132,286      580,340   3,087,905
Financial expenses (income), net           900        321      (8,724)        321       (7,317      (7,824
                                     ---------   --------   ---------    --------   ----------  ----------
Net loss                               386,975    132,607   1,680,989     132,607      573,023   3,080,081
                                     =========   ========   =========    ========   ==========  ==========
Basic and diluted net loss per
  Share                                   0.19       0.03        0.34        0.03         0.11        5.32
                                     =========   ========   =========    ========   ==========  ==========
Weighted average number of
  shares used in computing
  basic and diluted net loss
  per share                          2,072,933  4,059,600   4,884,697   4,059,600    5,188,667     578,752
                                     =========  =========   =========   =========   ==========  ==========



</TABLE>

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

                                       3
<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY
--------------------------------------------------------------------------------
IN U.S. DOLLARS
<TABLE>
<CAPTION>


                                                                                              DEFICIT
                                                                                            ACCUMULATED
                                                  COMMON SHARES            ADDITIONAL        DURING THE          TOTAL
                                            ---------------------------      PAID-IN        DEVELOPMENT     SHAREHOLDERS'
                                              SHARES         AMOUNT          CAPITAL           STAGE          DEFICIENCY
                                            ------------   ------------   --------------   --------------  -----------------
<S>                                               <C>           <C>            <C>         <C>                    <C>
Balance as of August 23, 1990                         -             -               -                -                 -
Issuance of shares, net                           1,820         1,820          14,857                -            16,677
Net loss                                              -             -               -          (16,915)          (16,915)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of April 1, 1992                       1,820         1,820          14,857          (16,915)             (238)
Additional paid-in capital acquired
  through services provided without                   -             -           9,000                -             9,000
  costs
Net loss                                              -             -               -          (11,227)          (11,227)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of April 1, 1993                       1,820         1,820          23,857          (28,142)           (2,465)
Additional paid-in capital acquired
  through services provided without                   -             -           9,000                -             9,000
  costs
Net loss                                              -             -               -          (12,020)          (12,020)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of April 1, 1994                       1,820         1,820          32,857          (40,162)           (5,485)
Additional paid-in capital acquired
  through services provided without costs             -             -           9,000                -             9,000
Net loss                                              -             -               -           (9,681)           (9,681)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of April 1, 1995                       1,820         1,820          41,857          (49,843)           (6,166)
Additional paid-in capital acquired
  through services provided without                   -             -           9,000                -             9,000
  costs
Net loss                                              -             -               -           (8,434)           (8,434)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of April 1, 1996                       1,820         1,820          50,857          (58,277)           (5,600)
Adjustment from change of par value to
  $ 0.025 per share                                   -        (1,775)          1,775                -                 -
Issuance of shares for acquisition of
  foreign subsidiary                             24,600           615               -                -               615
Net proceeds from private placement of
  shares                                          6,180           155         871,959                -           872,114
Net loss                                              -             -               -         (918,103)         (918,103)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of December 31, 1996                  32,600           815         924,591         (976,380)          (50,974)
Net loss                                              -             -               -          (12,487)          (12,487)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of December 31, 1997                  32,600           815         924,591         (988,867)          (63,461)
Issuance of shares, net                          27,000           675          19,325                -            20,000
Net loss                                              -             -               -          (23,250)          (23,250)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of December 31, 1998                  59,600         1,490         943,916       (1,012,117)          (66,711)
Issuance of shares for services               1,800,000        45,000         135,000                -           180,000
Issuance of warrants for consulting
  services                                            -             -          15,000                -            15,000
Issuance of shares for purchase of
  know-how                                    1,200,000        30,000          90,000                -           120,000
Issuance of shares, net                       1,080,000        27,000          94,250                -           121,250
Net loss                                              -             -               -         (386,975)         (386,975)
                                            ------------   ------------   --------------   --------------  -----------------
Balance as of December 31, 1999               4,139,600       103,490       1,278,166       (1,399,092)          (17,436)
                                            ============   ============   ==============   ==============  =================
</TABLE>

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

                                       4
<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)

STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY
--------------------------------------------------------------------------------
IN U.S. DOLLARS

<TABLE>
<CAPTION>
                                                                                                          DEFICIT
                                                                                                         ACCUMULATED
                                                          COMMON SHARES         ADDITIONAL               DURING THE        TOTAL
                                                    -------------------------    PAID-IN    DEFERRED     DEVELOPMENT   SHAREHOLDERS'
                                                        STOCK       AMOUNT       CAPITAL   COMPENSATION    STAGE        DEFICIENCY
                                                    -----------  -----------   ----------- ----------    ---------      -----------

<S>                                                 <C>          <C>           <C>         <C>          <C>            <C>

Balance as of January 1, 2000                         4,139,600      103,490    1,278,166           -   (1,399,092)       (17,436)

Exercise of share options                               500,000       12,500       50,000           -            -         62,500
Deferred compensation from shares                       566,125       14,153    1,282,273  (1,296,426)           -              -
Amortization of deferred compensation                         -            -            -     778,634            -        778,634
Net loss                                                      -            -            -           -   (1,680,989)    (1,680,989)
                                                    -----------   ----------    ----------  ----------  ----------      -----------

Balance as of September 30, 2000 (unaudited)          5,205,725      130,143     2,610,439    (517,792) (3,080,081)      (857,291)
                                                    ===========   ==========    ==========  ==========  ===========     ===========


</TABLE>

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

                                       5
<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)

CONSOLIDATED STATEMENTS OF CASH FLOWS
--------------------------------------------------------------------------------
IN U.S. DOLLARS
<TABLE>
<CAPTION>

                                                                                                                    PERIOD FROM
                                                                                                                      AUGUST 23,
                                                                                                                        1990
                                                              NINE MONTHS ENDED        THREE MONTHS ENDED           (INCEPTION)
                                                YEAR ENDED      SEPTEMBER 30,             SEPTEMBER 30,                 THROUGH
                                               DECEMBER 31,  -----------------------  --------------------------     SEPTEMBER 30,
                                                   1999        1999         2000          1999          2000            2000
                                                ---------    ---------  ------------  ------------  ------------  ----------------
                                                                                            UNAUDITED
                                                             ----------------------------------------------------------------------
<S>                                              <C>          <C>         <C>             <C>           <C>          <C>
Cash flows from operating activities:
Net loss                                         (386,975)    (132,607)   (1,680,989)     (132,607)     (573,023)    (3,080,081)
Adjustments to reconcile net loss to net cash
  used in operating activities:
  Officer salary and rent without costs                 -            -             -             -             -         41,930
  Write-down of investment in subsidiary                -            -             -             -             -        859,478
  Consulting services expenses                    195,000   (*  60,000             -    (*  60,000             -        195,000
  Depreciation and amortization                    22,480       10,376        43,412        10,376        16,762         66,353
  Decrease (increase) in accounts receivable
    and prepaid expenses                          (43,888)   (*(59,113)        6,481     (*(59,113)       53,029        (37,907)
  Increase in accounts payable and
    accrued liabilities                            57,302       46,079       124,552        46,079        55,445        240,770
  Increase (decrease) in payables to related
    parties                                        85,000   (*  56,450       (85,000)   (*  56,450             -            -
  Amortization of deferred compensation                 -   (*     -         778,634    (*  -             37,815        778,634
                                                 --------   ----------  ------------  ------------  ------------     ----------
Net cash used in operating activities             (71,081)  (* (18,815)     (812,910)   (* (18,815)     (409,972)      (935,823)
                                                 --------   ----------  ------------  ------------  ------------     ----------
Cash flows from investing activities:
Purchase of property and equipment                (41,326)     (30,072)      (56,720)      (30,072)      (18,980)       (98,046)
Advance payment to foreign subsidiary                   -            -             -             -             -       (858,864)
                                                 --------   ----------  ------------  ------------  ------------     ----------
Net cash used in investing activities             (41,326)     (30,072)      (56,720)      (30,072)      (18,980)      (956,910)
                                                 --------   ----------  ------------  ------------  ------------     ----------
Cash flows from financing activities:
Proceeds from issuance of shares, net             121,250  (*  100,000            -    (*  100,000             -      1,015,111
Exercise of share options                               -            -        62,500             -             -         62,500
Issuance of capital to a minority in a
  subsidiary, net                                       -            -     1,460,000             -             -      1,460,000
Loan received from officer                            200            -             -             -             -         67,035
Payments of loan received from officer             (4,683)           -        (3,352)            -             -        (58,035)
Short-term bank credit, net                             -        3,684         2,092         3,684       (10,982)         2,092
                                                 --------  -----------  ------------  ------------  ------------      ---------
Net cash provided by (used in) financing
  activities                                      116,767  (*  103,684     1,521,240   (*  103,684       (10,982)     2,548,703
                                                 --------  -----------  ------------  ------------  ------------      ---------
Increase (decrease) in cash and cash equivalents    4,360       54,797       651,610        54,797      (439,934)       655,970
Cash and cash equivalents at beginning of period        -            -         4,360             -     1,095,904            -
                                                 --------  -----------  ------------  ------------  ------------      ---------
Cash and cash equivalents at end of period          4,360       54,797       655,970        54,797       655,970        655,970
                                                 ========  ===========  ============  ============  ============      =========
Non-cash investing and financing activities:
Issuance of shares for purchase of know-how       120,000    (*120,000             -     (*120,000             -        120,000
                                                 ========  ===========  ============  ============  ============      =========
Issuance of shares for acquisition of
  foreign subsidiary                                    -            -             -             -             -            615
                                                 ========  ===========  ============  ============  ============      =========
Deferred stock compensation                             -    (*135,000             -     (*135,000             -        135,000
                                                 ========  ===========  ============  ============  ============      =========
Issuance expenses payable                               -   (*  28,750             -    (*  28,750             -         28,750
                                                 ========  ===========  ============  ============  ============      =========

*)   Reclassified.
</TABLE>

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

                                       6
<PAGE>

                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)


NOTE 1:-      GENERAL

              a.     Hidenet Secure Architectures Inc. ("the Company"), formerly
                     known as Savin Electronics Inc., is engaged in
                     developing products in the field of network data security.

              b.     Hidenet Secure Architectures Ltd. was incorporated in June
                     1999, as a wholly-owned subsidiary of the Company.

              c.     The Company has sustained operating losses and expects such
                     losses to continue in the foreseeable future. The Company
                     has not generated any significant revenues or product sales
                     and has not achieved profitable operations or positive cash
                     flow from operations. The Company's deficit accumulated
                     during the development stage amounts to $ 3,080,081 for
                     September 30, 2000. There is no assurance that profitable
                     operations, if ever achieved, could be sustained on a
                     continuing basis.

                     The Company plans to continue to finance its operations
                     with a combination of raising cash through an offering or
                     by financial support from its shareholders and, in the
                     longer term, by generating revenues from product sales (see
                     also Note 4). There is no assurance, however, that the
                     Company will be successful in obtaining an adequate level
                     of financing needed for the long-term development and
                     commercialization of its planned products.

NOTE 2:-      SIGNIFICANT ACCOUNTING POLICIES

              The significant accounting policies applied in the annual
              financial statements of the Company as of December 31, 1999 are
              applied consistently in these financial statements.

NOTE 3:-      UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

              The accompanying unaudited interim consolidated financial
              statements have been prepared in accordance with generally
              accepted accounting principles for interim financial information.
              Accordingly, they do not include all the information and footnotes
              required by generally accepted accounting principles for complete
              financial statements. In the opinion of management, all
              adjustments (consisting of normal recurring accruals) considered
              necessary for as fair presentation have been included. Operating
              results for the nine months ended September 30, 2000 are not
              necessarily indicative of the results that may be expected for the
              year ended December 31, 2000.

NOTE 4:-      INVESTMENT AGREEMENT

              On April 13, 2000, an investor entered into a Stock and Option
              Purchase agreement with the Company and Network Privacy.Com Inc.
              ("NPI"), according to which the investor will purchase 122,000
              Preferred shares of NPI convertible to 665,921 Common shares of
              the Company, in consideration of $ 1,525,000. The investor was
              also granted demand registration rights.

                                       7
<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)


              In April 2000, Hidenet Secure Architectures Ltd. a wholly-owned
              subsidiary, sold the intellectual property and equipment to NPI,
              in exchange for $ 325,000 and royalties equal to 1% of the sales
              proceeds received by NPI within two years. NPI, a Delaware
              corporation, was formed as a wholly-owned subsidiary of the
              Company on January 7, 2000 to assume all of the business currently
              transacted by Hidenet Secure Architectures Ltd.

NOTE 5:-      EXERCISE OF SHARE OPTIONS

              In April 2000,  500,000  warrants were exercised into 500,000
              shares of the Company,  at an exercise price of $ 0.125 per share.


NOTE 6:-      ISSUANCE OF SHARES

              a.     In April 2000 the Board of Directors of the Company
                     approved to add members to the Board of Directors of the
                     Company to a total of five members. Each of the directors
                     was subsequently granted 62,053 shares.

                     Compensation expenses in the amount of $ 710,507 were
                     recorded during the nine months ended September 30, 2000.

              b.     Pursuant to the Employment Agreement between Hidenet Secure
                     Architectures Ltd. and its Chief Executive Officer ("CEO")
                     the CEO is entitled to an aggregate amount of 15% of the
                     equity of the Company, or 818,753 restricted shares of
                     common stock, during the term of his employment. As of
                     September 30, 2000, the CEO was granted 255,860 restricted
                     shares of the Company. The CEO is also the CEO of NPI.

                     Compensation expenses in the amount of $ 68,127 were
                     recorded during the nine month ended September 30, 2000. An
                     additional $ 517,792 will be recorded by the Company over
                     an additional period of 37 months.

                              - - - - - - - - - - -

                                       8

<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)

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 Aforward-looking@ statements within the meaning of
the Private Securities Litigation Reform Act (the AReform 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
filed for patent protection in the United States for its product which it is in
the process of developing and has filed for trademark protection for the phrase
"Be Confident."

          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.

          The Company has never had any revenues since its inception. The
Company intends to develop and market products in the field of network data
security through its majority-owned subsidiary, NetworkPrivacy.com, Inc., a
Delaware corporation ("NPI"). NPI 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. It is
anticipated that the Company's product will be ready for beta testing by the end
of 2000. There is no assurance as to when its products will be ready for market.
In addition, the failure by the Company to locate funding raises doubts about
its ability to continue as a going concern.

                                       9
<PAGE>
                                               HIDENET SECURE ARCHITECTURES INC.
                                                   (A DEVELOPMENT STAGE COMPANY)

          In April 2000, NP Partners, LLC, a New York limited liability company
("NP Partners"), entered into a Stock and Option Purchase Agreement with the
Company and NPI pursuant to which (i) NPI purchased 80,000 shares of Series A
Convertible Preferred Shares of NPI for $1,000,000 and had the right to purchase
additional preferred shares and (ii) the Company granted the investor an option
to exchange the preferred shares for shares of common stock of the Company. NP
Partners currently invested an aggregate of $1,525,000 in NPI and has an option
to exchange its 122,000 preferred shares in NPI for 665,921 shares in the
Company.

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 is not presently a party to any other litigation nor, to
the knowledge of management, is any 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.

 Item 5.         Other information.

                 None.

 Item 6.         Exhibits and reports on Form 8-K

                (a)      Exhibits

                 7.1     Financial Data
                         Schedule.

                 b)      Reports on Form
                         8-K None.

                                       10
<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       /s/ Ron Fussman
                                                       Ron Fussman, President

                                              By       /s/ Avrum Savran
                                                       Avrum Savran, Treasurer

Date: November 13, 2000


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