SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a- 16 or 15d-16 of the
Securities Exchange Act of 1934
Press Release dated September 1, 1999
Alexa Ventures Inc.
818 Erie St.
Stratford, ON
N4Z 1A2
[Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F]
Form 20-F....X...Form 40-F.........
[Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information by the
Commission pursuant to Rule 12g3-2(b) under the Securities Act of 1934.]
Yes....X...No.......
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Alexa Ventures Inc.
Date: September 1, 1999 Mr. Gerry A. Racicot
President
ALEXA
VENTURES INC.
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PRESS RELEASE
September 16, 1999
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TSE:AXA
OTC BB:ALVEF
ALEXA COMPLETES ACQUISITION OF EIGER LABS INC.
Stratford, ON, September 16th 1999, Gerry Racicot, president and CEO,
is pleased to announce the completion of the acquisitions of 64% of
Eiger Labs, Inc and Point Multimedia Systems Inc. as announced on
press release dated August 16, 1999, as the documents are being filed
with the TSE today.
Eiger Labs, Inc. founded in 1994 , provides a wide variety of PC card
and desktop peripherals including a full spectrum of storage,
multimedia, connectivity, and communications products, such as the MP3
players and ADSL modems. At present, Eiger is one of the top modem
suppliers in the world.
Eiger intends to expand the market share of it's MP3 player, one of
the most popular digital music devices on the market, with the
recently concluded promotional alliance with Juno Online Services,
Inc. Juno is a provider of Internet-related services with over 7.2
million subscribers. Buyers of the F-20V MP3 player (retail $119 US)
will be eligible for a $120 rebate when they sign up for a one-year
subscription to Juno's full Internet access service.
Eiger's F-20 MP3 player is also available at Onsale.com, Amazon.com,
Egghead.com and other participating nationwide retailers.
"The purchase of Eiger Labs, Inc. represents an outstanding
opportunity for Alexa Ventures Inc. to become a major Internet
participant" stated Racicot.
Alexa is also pleased to report that it has entered into a private
placement agreement with an arms-length investor. The agreement calls
for issuance of 700,00 units each priced an $1.13. Each unit comprised
of one common share and one share purchase warrant which entitles the
holder to purchase an additional share at $1.41 within 24 months.
For more information: www.eigerlabs.com
DIRECTORS OF ALEXA VENTURES INC.:
G.A. Racicot
Chief Executive Officer
THIS PRESS RELEASE WAS PREPARED BY THE MANAGEMENT OF THE COMPANY WHO TAKE FULL
RESPONSIBILITY FOR ITS CONTENTS. THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
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818 Erie St. Stratford, ON N4Z 1A2 519-273-0503(tel) 519-273-1684(fax)
