EIGER TECHNOLOGY, INC.

Unaudited Consolidated Financial Statements

for the three months ended December 31, 2005

Unaudited, prepared by Management
(Stated in Canadian Dollars)

The unaudited interim consolidated financial statements of Eiger Technology, Inc. (the "Company") have
not been reviewed by the auditors of the Company. This notice is being provided in accordance with
section 4.3(3)(a) of the National Instrument 51-102 Continuous Disclosure Obligations.

EIGER TECHNOLOGY, INC.

Unaudited Consolidated Balance Sheet

	December 31		September 30
	2005		2005
	(Unaudited)		(Audited)
	$		$
Assets
Current
Cash and Marketable Securities	46,000		33,000
Accounts Receivable	321,000		586,000
Prepaid Expenses	113,000		59,000
Current Assets of Discontinued Operations	2,000		3,000
	482,000		681,000
Capital Assets (Note 2)	1,117,000		1,148,000
Long-term Investments	96,000		96,000
Other	15,000		15,000
	1,710,000		1,940,000
Liabilities and Shareholders' Deficit
Current
Accounts Payable and Accrued Liabilities	649,000		1,030,000
Capital Lease - Current Portion	26,000		82,000
Other Payable	941,000		923,000
Deferred Revenue	778,000		387,000
Current Liabilities of Discontinued Operations	--		2,000
	2,394,000		2,424,000
Non-Controlling Interest	(345,000	)	(308,000	)
Shareholders' Deficit
Capital Stock	43,297,000		43,297,000
Stock-Based Compensation	1,342,000		1,333,000
Retained Earnings (Deficit)	(44,978,000	)	(44,806,000	)
	(339,000	)	(176,000	)
	1,710,000		1,940,000

On Behalf of the Board:

"Gerry Racicot"	Director
Gerry Racicot
"Jason Moretto"	Director
Jason Moretto

EIGER TECHNOLOGY, INC.

Unaudited Consolidated Statement of Operations and Retained Earnings

For the three months ended December 31	2005		2005		2004		2004
	(Current Quarter)		(Year-to-Date)		(Current Quarter)		(Year-to-Date)
	$		$		$		$
Sales	1,022,000		1,022,000		1,513,000		1,513,000
Cost of Sales	715,000		715,000		1,365,000		1,365,000
Gross Margin	307,000		307,000		148,000		148,000
Expenses
Selling, General and Administrative	384,000		384,000		701,000		701,000
Amortization of Capital Assets	84,000		84,000		73,000		73,000
Interest and Bank Charges	50,000		50,000		49,000		49,000
Stock-Based Compensation	9,000		9,000		0		0
Discontinued Operations (Net)	--		--		84,000		84,000
	527,000		527,000		907,000		907,000
Income (Loss) before Undernoted	(220,000	)	(220,000	)	(759,000	)	(759,000	)
Non-Controlling Interest	48,000		48,000		86,000		86,000
Non-Recurring Items	--		--		(2,322,000	)	(2,322,000	)
Net Income (Loss)	(172,000	)	(172,000	)	(2,995,000	)	(2,995,000	)
Retained Earnings (Deficit), Beginning of Period	(44,806,000	)	(44,806,000	)	(40,023,000	)	(40,023,000	)
Retained Earnings (Deficit), End of Period	(44,978,000	)	(44,978,000	)	(43,018,000	)	(43,018,000	)
Earnings Per Share:
Excluding Non-recurring Items:
Basic	0.00		0.00		(0.02	)	(0.02	)
Diluted	0.00		0.00		(0.02	)	(0.02	)
Including Non-recurring Items:
Basic	0.00		0.00		(0.08	)	(0.08	)
Diluted	0.00		0.00		(0.08	)	(0.08	)

EIGER TECHNOLOGY, INC.

Unaudited Consolidated Statement of Cash Flows

For the three months ended December 31	2005		2005		2004		2004
	(Current Quarter)		(Year-to-Date)		(Current Quarter)		(Year-to-Date)
	$		$		$		$
Operating Activities:
Net Income (Loss) for the Period	(172,000	)	(172,000	)	(673,000	)	(673,000	)
Items not Involving Cash:
Loss on Non-Recurring Items	--		--		(2,322,000	)	(2,322,000	)
Stock-Based Compensation	9,000		9,000		-		-
Amortization	84,000		84,000		73,000		73,000
	(79,000	)	(79,000	)	(2,922,000	)	(2,922,000	)
Changes in Non-Cash Operating Accounts:
Accounts Receivable	265,000		265,000		1,532,000		1,532,000
Prepaid Expenses	(54,000	)	(54,000	)	73,000		73,000
Accounts Payable	(381,000	)	(381,000	)	(2,917,000	)	(2,917,000	)
Other Payable	18,000		18,000		-		-
Deferred Revenue	391,000		391,000		(98,000	)	(98,000	)
Net Assets of Discontinued Operations	-		-		1,648,000		1,648,000
	160,000		160,000		(2,684,000	)	(2,684,000	)
Investment Activities:
Sale (Purchase) of Capital Assets	(53,000	)	(53,000	)	1,010,000		1,010,000
Goodwill and Other Assets	-		-		182,000		182,000
	(53,000	)	(53,000	)	1,192,000		1,192,000
Financing Activities:
Operating Line of Credit	-		-		(1,847,000	)	(1,847,000	)
Long-Term Debt	(56,000	)	(56,000	)	(565,000	)	(565,000	)
Non-Controlling Interest	(38,000	)	(38,000	)	4,061,000		4,061,000
	(94,000	)	(94,000	)	1,649,000		1,649,000
Net Cash Flows for the Period	13,000		13,000		157,000		157,000
Cash and Cash Equivalents, Beginning of Period	33,000		33,000		245,000		245,000
Cash and Cash Equivalents, End of Period	46,000		46,000		402,000		402,000
Cash and Cash Equivalents Represented By:
Cash and Marketable Securities	46,000		46,000		402,000		402,000

EIGER TECHNOLOGY, INC.

Notes to the Consolidated Financial Statements

For the three months ended December 31, 2005

1. Significant Accounting Policies:

These interim financial statements have been prepared using the same accounting principles and the same methods of application as were used in the preparation of the Company's annual financial statements for the year ended September 30, 2004. These interim financial statements may not contain all of the disclosures necessary to be fully in accordance with Canadian generally accepted accounting principles, and should, therefore, be read in conjunction with the annual financial statements for the year ended September 30, 2004.

2. Capital Assets:

	$
Balance per September 30, 2005 financial statements	1,148,000
Additions (Deletions)	53,000
Amortization provided for three months	(84,000	)
Balance per December 31, 2005 financial statements	1,117,000

3. Discontinued Operations:

Effective June 30, 2003, management resolved to discontinue the operations of its "Newlook" segment. On July 8, 2003, the assets of ADH Custom Metal Fabricators Inc. ("ADH"), the operating company of the segment, were sold for cash.

The Company reached an agreement, effective July 31, 2004, to sell its interest in Eiger Net Inc. to the non-controlling shareholders for a nominal amount. The purchasers assumed all of the outstanding liabilities of Eiger Net Inc. as at July 31, 2004.

On December 15, 2004, K-Tronik International Corp.entered into an agreement to sell all of its interest in K-Tronik N.A. Inc. and the fixed assets of its subsidiary, K-Troniks Asia Ltd. K-Tronik International Corp. is no longer engaged in the business of manufacturing, distributing or selling electronic ballasts.

Operating results for K-Tronik for the year-to-date period are reported, in summary, as "Discontinued Operations" on the Statement of Operations and Retained Earnings.

4. Reorganization:

Effective March 18, 2004, the Company transferred its 100% interest in the shares of Onlinetel Corp. ("Onlinetel") to Newlook Industries Corp. ("Newlook") in exchange for 12,727,273 common shares of Newlook. At the same time, an additional 7,272,727 common shares of Newlook were issued to the Company in settlement of $1,200,000 of debt owing to the Company by Onlinetel. As a result of these transactions, and a private placement of 1,000,000 common shares by Newlook, the Company now owns approximately 90% of the common shares of Newlook.