SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)

   [X]   Quarterly report under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934 for the quarterly period ended March 31, 2000.

   [  ]  Transition report under Section 13 or 15(d) of the Securities Exchange
         Act of 1934 for the transition period from ________ to ________.

         Commission file number: 0-29605
                                 -------


                                 CYBEREXCELLENCE, INC.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)




             Nevada                                       88-0356052
             ------                                       ----------
(State or other jurisdiction of                        (I.R.S. Employer
 incorporation or organization)                       Identification No.)





            268 West 400 South, Suite 300, Salt Lake City, Utah 84101
            ---------------------------------------------------------
               (Address of principal executive office) (Zip Code)


                                 (801) 575-8073
                           ---------------------------
                           (Issuer's telephone number)

Check whether the issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 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______ No XX

The number of outstanding shares of the issuer's common stock,  $0.001 par value
(the only class of voting stock), as of May 12, 2000 was 2,042,000.


<PAGE>



                                 TABLE OF CONTENTS

                                     PART I

ITEM 1.  FINANCIAL STATEMENTS..................................................3

Unaudited Balance Sheet as of March 31, 2000 and December 31, 1999.............4

Unaudited Statement of Operations for the three months ended March 31, 2000
and 1999 and February 15, 1996 (Date of Inception) to March 31, 2000...........5

Unaudited Statement of Cash Flows for the three months ended March 31, 2000
and 1999 and February 15, 1996 (Date of Inception) to December 31, 1999........6

Notes to Condensed Financial Statements........................................7


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.............8


                                     PART II

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K......................................8

SIGNATURES.....................................................................9

INDEX TO EXHIBITS.............................................................10







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                                        2


<PAGE>



                                     PART I

ITEM 1.           FINANCIAL STATEMENTS

As used herein,  the term  "Company"  refers to  Cyberexcellence  Inc., a Nevada
corporation,  and its subsidiaries and predecessors unless otherwise  indicated.
Consolidated,  unaudited,  condensed  interim financial  statements  including a
balance  sheet for the  Company  as of the  quarter  ended  March  31,  2000 and
statements of operations,  statements of  shareholders  equity and statements of
cash flows for the interim  period up to the date of such balance  sheet and the
comparable period of the preceding year are attached hereto as Pages 4 through 8
and are incorporated herein by this reference.










                 [THIS SPACE HAS BEEN LEFT BLANK INTENTIONALLY]

                                        3


<PAGE>



                              CYBEREXCELLENCE, INC.
                          (A Development Stage Company)
                                 Balance Sheets
                   As Of March 31, 2000 and December 31, 1999
<TABLE>
<CAPTION>
                                                                                    (Unaudited)
                                                                                     March 31,          December
                                                                                        2000            31, 1999
                                                                                   --------------    --------------
ASSETS
<S>                                                                              <C>               <C>
CURRENT ASSETS:

     Cash                                                                         $           411   $             -
                                                                                   --------------    --------------
     TOTAL CURRENT ASSETS                                                                     411                 -

TOTAL ASSETS                                                                      $           411   $           360
                                                                                   ==============    ==============
LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
     Accounts Payable - Related Party                                                       1,010                 -
                                                                                   --------------    --------------
     TOTAL CURRENT LIABILITIES                                                              1,010                 -

STOCKHOLDERS' EQUITY:
     Preferred stock, $.001 par value; authorized 5,000,000 shares; no
     shares issued                                                                              -                 -
     Common stock, $.001 par value; authorized 20,000,000 shares;
     shares issued and outstanding: 2,042,000 on March 31, 2000 and
     December 31, 1999                                                                      2,042             2,042
     Additional paid-in capital                                                               324               324
     Less Stock Subscriptions Receivable                                                        -              (360)
     Accumulated deficit during development stage                                          (2,965)           (2,006)
                                                                                   --------------    --------------
     TOTAL STOCKHOLDERS' EQUITY                                                              (599)                -
                                                                                   --------------    --------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                        $           411   $             -
                                                                                   ==============    ==============
</TABLE>


    The accompanying notes are an integral part of these financial statements

                                        4


<PAGE>



                              CYBEREXCELLENCE, INC.
                          (A Development Stage Company)
                       Unaudited Statements of Operations
             For the Three Months Ended March 31, 2000 and 1999 and
             February 15, 1996 (Date of Inception) to March 31, 2000
<TABLE>
<CAPTION>
                                                                   March 31,         March 31,        Inception to
                                                                      2000             1999          March 31, 2000
                                                                ----------------  ---------------  ------------------
<S>                                                            <C>              <C>              <C>
Revenue:
     None                                                      $               - $              - $                 -
                                                                ----------------  ---------------  ------------------
Expenses:
     General and administrative costs                                          -                -               2,006
     Accounting                                                              709                -                 709
     Stock Related                                                           250                -                 250
                                                                ----------------  ---------------  ------------------
Gross Expenses                                                               959                -                2965

Operating Profit (Loss)                                                     (959)               -              (2,965)
                                                                ----------------  ---------------  ------------------
Provision for income taxes                                                     -                -                   -
                                    Net loss                   $            (959)$              - $            (2,965)
                                                                ================  ===============  ==================
Net loss per common share - basic                              $               - $              - $                 -
                                                                ================  ===============  ==================
Weighted average number of shares outstanding - basic                  1,042,822        1,000,000                   -
                                                                ================  ===============  ==================
</TABLE>














    The accompanying notes are an integral part of these financial statements

                                        5


<PAGE>



                              CYBEREXCELLENCE, INC.
                         (A Developmental Stage Company)
                       Unaudited Statements of Cash Flows
             For the Three Months Ended March 31, 2000 and 1999 and
           February 15, 1996 (Date of Inception) to December 31, 1999
<TABLE>
<CAPTION>
                                                                                                                February 15, 1996
                                                                             March 31,         March 31,         (Inception) to
                                                                               2000               1999           March 31, 2000
                                                                          ---------------     ------------    --------------------
<S>                                                                     <C>                 <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

     Net (loss)                                                          $           (959)   $           -   $              (2,965)
                                                                          ---------------     ------------    --------------------
     Adjustments  to  reconcile  net  (loss)  to  net
     cash  used  by  operating activities:

          Services and expenses paid with common stock                                  -                -                   1,006
                                                                          ---------------     ------------    --------------------
          Total adjustments                                                             -                -                   1,006
                                                                          ---------------     ------------    --------------------
     Net cash provided (used) by operating activities                                (959)               -                  (1,959)
                                                                          ---------------     ------------    --------------------
CASH FLOWS FROM FINANCING ACTIVITIES:
     Loans by Related Party                                                         1,010                -                   1,010
     Capital contributions by incorporators                                           360                -                   1,360
                                                                          ---------------     ------------    --------------------
     Net cash provided by financing activities                                      1,370                -                   2,370

Net increase in cash                                                                  411                -                     411
                                                                          ---------------     ------------    --------------------
Cash, beginning                                                                         -                -                       -
                                                                          ---------------     ------------    --------------------
Cash, ending                                                             $            411    $           -   $                 411
                                                                          ===============     ============    ====================
SUPPLEMENTAL SCHEDULE OF NON-CASH
INVESTING AND FINANCING ACTIVITIES:
     Issuance of common stock for services and expenses                  $              -    $           -   $               1,006
                                                                          ===============     ============    ====================
</TABLE>



    The accompanying notes are an integral part of these financial statements

                                        6


<PAGE>



                                  CYBEREXCELLENCE, INC
              NOTES TO CONSOLIDATED UNAUDITED FINANCIAL STATEMENTS
                                 March 31, 2000

1.  Basis of Presentation

The accompanying consolidated unaudited condensed financial statements have been
prepared by management in accordance  with the  instructions in Form 10-QSB and,
therefore,  do not include all information  and footnotes  required by generally
accepted  accounting  principles and should,  therefore,  be read in conjunction
with the Company's initial registration  statement on Form 10-SB, filed with the
Securities  and Exchange  Commission on February 18, 2000.  These  statements do
include all normal recurring  adjustments  which the Company believes  necessary
for a fair presentation of the statements.  The interim  operations  results are
not  necessarily  indicative of the results for the full year ended December 31,
2000.

2.  Year 2000 Compliance

As of May 12, 2000 the Company  has not had or become  aware of any  significant
problems associated with Year 2000 issues.

3.  Additional footnotes included by reference

Except as indicated in Notes above, there have been no other material changes in
the information  disclosed in the notes to the financial  statements included in
the  Company's  initial  registration  statement  on Form 10-SB,  filed with the
Securities  and  Exchange  Commission  on February 18,  2000.  Therefore,  those
footnotes are included herein by reference.

                                        7


<PAGE>



ITEM 2.       MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Plan of Operations

The Company's plan of operation for the coming year is to identify and acquire a
favorable business  opportunity.  The Company does not plan to limit its options
to any particular  industry,  but will evaluate each  opportunity on its merits.
The  Company  anticipates  that its owners,  affiliates,  and  consultants  will
provide it with sufficient  capital to continue  operations until the end of the
second quarter of 2000, but there can be no assurance that this expectation will
be fully realized.

The  Company  does not  expect  to  generate  any  meaningful  revenue  or incur
operating  expenses  unless and until it acquires  an  interest in an  operating
company.

                                     PART II

ITEM 6.           EXHIBITS AND REPORTS ON FORM 8-K

(a)  Exhibits Exhibits required to be attached by Item 601 of Regulation S-B are
     listed in the Index to  Exhibits  on page 10 of this Form  10-QSB,  and are
     incorporated herein by this reference.

(b)  Reports on Form 8-K.  No  reports on Form 8-K were filed  during the period
     covered by this Form 10-QSB.












                                        8


<PAGE>



                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed  on its  behalf  by the  undersigned,  hereunto  duly
authorized, this 12th day of May, 2000.

CYBEREXCELLENCE, INC.

Signature                                               Date
---------                                               ----

/s/ Richard Surber                                      May 12, 2000
-----------------------
Richard Surber
President and Director
                                        9


<PAGE>



                                INDEX TO EXHIBITS

EXHIBIT  PAGE
NO.      NO.               DESCRIPTION
-------  ----              -----------
3(i)     *          Articles  of  Incorporation  of  the  Company  (incorporated
                    herein by reference  from Exhibit No. 3(i) of the  Company's
                    Form  10-SB  as  filed  with  the  Securities  and  Exchange
                    Commission on February 18, 2000).

3(ii)    *          Bylaws of the Company,  as amended  (incorporated  herein by
                    reference  from Exhibit 3(ii) of the Company's Form 10-SB as
                    filed  with  the  Securities  and  Exchange   Commission  on
                    February 18, 2000).

                                       10


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