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 March 21, 2000
Eiger Technology, 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.
Eiger Technology, Inc.
Date: March 21, 2000 Mr. Gerry A. Racicot
President
<PAGE>
[LETTERHEAD OF EIGER TECHNOLOGY, INC.]
PRESS RELEASE
March 21,2000
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TSE:AXA
OTC BB:ETIFF
EIGER TECHNOLOGY BOOSTS MP3 and DSL SALES MANAGEMENT
STRATFORD, ONTARIO, MARCH 21, 2000 -- Eiger Technology, Inc. (ETI) (TSE:AXA, OTC
BB: ETIFF) announced today that their majority owned subsidiary, Eiger Labs
Group Inc. has successfully recruited Manny C. Tan as Vice President of North
American sales.
ETI is a totally integrated research and development house which designs,
manufactures and distributes MP3 and DSL modems and other leading edge computer
peripheral products.
Tan has extensive experience in the fast paced personal computer, peripheral and
consumer market place. His success in sales and marketing strategy, channel
development, product development and leadership enabled the Magitronic brand to
reach its first goals of $100 million and continue on to even greater growth.
Thomas Lee, COO of Eiger Labs Group said "We are very pleased to have
successfully recruited Manny to co-develop our strategic sales and marketing
direction. His abilities are also invaluable in establishing a national sales
distribution network in the MP3 and DSL product lines. His marketing knowledge
and specification skills are extensively known in the industry ensuring Eiger
Labs Group's ability of rapid sales growth with concise marketing
implementation."
ETI's majority owned South Korean company EigerNet Inc. has opened its new
manufacturing facility which increases production capacity over 100% per month.
The three lines include two modem lines and one MP3 line comprising of
state-of-the-art Yamaha production equipment that permits world-class production
of Eiger's peripheral products.
Gerry Racicot, while attending the grand opening of its new manufacturing
facility in S. Korea last week, stated "ETI is continuing to go from strength to
strength as top industry personnel are attracted to the company and
manufacturing capacity grows to a level of world eminence."
DIRECTORS OF EIGER TECHNOLOGY, INC.:
G.A. Racicot
Chief Executive Officer
THE MANAGEMENT OF THE COMPANY WHO TAKE FULL RESPONSIBILITY FOR ITS CONTENTS
PREPARED THIS PRESS RELEASE. THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
