Nice to see a steady flow of releases from Eiger in the last week. If we can just get a rally in the stock market in the next couple of months, Eiger may have a nice move...
Eiger Technology Inc. welcomes new board member
08:41 EST Monday, October 30, 2000
TORONTO, Oct. 30 /CNW/ - Eiger Technology Inc., (TSE: AXA; OTC BB: ETIFF), announced today that Mr. John
G. Craig, C.A. has been appointed to the Company's Board of Directors and Secretary of the company. Mr. Craig has
over 30 years of experience as an accomplished Chief Financial Officer and business executive with operating, corporate
and boardroom experience in Canada and the United States.
Since 1996, Mr. Craig had been a director of a number of public companies in the technology sector and provided chief
financial services to companies on a consulting basis. Prior to 1996, Mr. Craig spent 15 years with communications
company Southam Inc., the last two years as a Group President and prior to that as Chief Financial Officer.
"The appointment of John Craig to our Board of Directors enables the company to draw on his wealth of business
experience and expertise, especially in the corporate governance and financial areas," explained Mr. Racicot, Eiger
Technology's President and CEO. "Both the Company and its shareholders will benefit from his contribution."
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
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. |
