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 October 25, 2000
Eiger Technology, Inc.
330 Bay St. Suite 602
Toronto, ON
M5H 2S8
[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.
Eiger Technology, Inc.
Date: October 2, 2000 Mr. Gerry A. Racicot
President
<PAGE>
[LOGO] Eiger
technology inc.
For Immediate Release Wednesday, October 25, 2000
Eiger Technology Inc. Announces Strategic Relationship with DataPlay
Toronto, Ontario - Eiger Technology Inc. (Eiger), a leading manufacturer of MP3
Digital Portable Player is pleased to announce that it's subsidiary Eiger Labs
Group Inc. has entered into a strategic relationship with DataPlay.
This strategic relationship will enable Eiger to design a MP3 Digital Portable
Player that utilizes DataPlay storage device. The most expensive part in a MP3
player is the flash memory it uses. DataPlay has developed a micro-optical
engine and a quarter-sized digital media as a storage device. The miniature
DataPlay digital media is a recordable 250MB and 500MB miniature optical disc
that supports both users recordable and pre-recorded content and will retail
between $ 5 and $ 12. Compared to todays memory devices such like Smart Media,
MMC and SD that cost more than a $ 1.00 per MB, DataPlay optical disc will cost
only $ .02 per MB. This definitely solved the high cost of memory requirements
for MP3 Players.
This strategic relationship enhances the credibility of Eiger as a leader in
advanced technology and provides enhanced offerings to its current product line.
DataPlay, Inc. is the developer of universal media solutions for the delivery
and management of all forms of digital content across all digital devices and
platforms. Visit DataPlay's website at www.dataplay.com.
Eiger Technology Inc. is headquartered in Toronto, Ontario. Through its
facilities in South Korea, New Jersey and California, Eiger offers its OEM
customers SDMI compliant and Multi-Codec solutions like MP3, WMA, and AAC. As
well, Eiger designs and manufactures 56Kfax/modems, DSL modems and combination
fax/ethernet cards for the OEM market. Eiger is a publicly traded company listed
on the Toronto Stock Exchange (symbol: AXA). Visit Eiger Technology Inc.'s
website at www.eigertechnology.com.
-30-
For More Information, Please Contact:
Gerry Racicot or Keith Attoe
Eiger Technology Inc.
416-216-8659
The management of the company take full responsibility for its content, prepared
this press release. The Toronto Stock Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.
