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 November 22, 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: November 23, 2000 Mr. Gerry A. Racicot
President
<PAGE>
[LOGO] Eiger technology inc.
For Immediate Release Wednesday November 22, 2000
EIGER TECHNOLOGY INC.'S REVENUE INCREASES FIVE FOLD
Toronto, Canada - Eiger Technology Inc. (Eiger) (TSE: AXA; OTC BB: ETIFF), is
pleased to announce that for the year ended September 30, 2000, revenue
increased five fold from $11,700,000 in 1999 to $60,000,000 in 2000.
Gerry Racicot, president of Eiger says, "We are especially pleased with the
successful operation of Eiger and the culmination of its contracts with major
business partners (see press release 11/02/00 Samsung and 10/27/00 Compaq). All
of these major business partners have commenced business operations with our
manufacturing facility in South Korea and recognize our leading edge R&D
initiatives."
Eiger Technology Inc. is headquartered in Toronto, Ontario. Through its
facilities in South Korea, New Jersey and California, Eiger manufactures and
distributes electronic and computer peripherals such as 56K fax/modems, MP3
players and DSL modems to OEM and consumer markets worldwide. Eiger also owns
25% of Nixxo Technologies. Nixxo is a GSM chipset and operating system design
company based in California. The GSM cellular market represents 65% of the world
cellular phone market with growth rates of over 30% a year. Eiger is a publicly
traded company listed on the Toronto Stock Exchange (symbol: AXA). Visit Eiger
Technology Inc's web site 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, who 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.
330 Bay Street, Suite 602 Toronto, ON M5H 2S8
p-416-216-8659 f-416-216-1164
