Buyers, Including Dairy Farm, Samsung Electronics and Tesco, Scheduled to
Source Gifts & Novelties, Power Supplies, Personal Care & Health Products,
Telephone & VoIP Devices and Other Consumer Products
HONG KONG, May 13 /Xinhua-PRNewswire-FirstCall/ -- Major international buyers -- representing annual sales of US$603 billion -- have pre-selected Global Sources' (Nasdaq: GSOL) verified suppliers for exclusive meetings at Private Sourcing Events ( http://www.PrivateSourcingEvents.com ) from May 13 to 30 in three key sourcing centers across mainland China.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Thirty-three buyers, including Dairy Farm, Samsung Electronics and Tesco, have confirmed their participation in events this month. Dates, product categories and locations are:
-- May 13: Samsung Custom Private Sourcing Event -- Shenzhen
-- May 20: Hand & Power Tools, Gardening & Lawn Tools -- Ningbo
-- May 22: Gifts & Novelties -- Shenzhen
-- May 23: Power Supplies, Batteries & Accessories -- Shenzhen
-- May 26: Sportswear, Footwear & Sports Bags -- Quanzhou
-- May 28: Personal Care & Health Products -- Shenzhen
-- May 30: Telephone & VoIP Devices -- Shenzhen
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Despite a rising RMB and higher manufacturing costs, Greater China is still the first place buyers look to source quality products from quality suppliers -- at the most competitive price points. And, our verified suppliers are the reason more and more buyers are looking to Private Sourcing Events.
"Every supplier participating has been verified by our team and pre-screened by buyers beforehand, so buyers know they're meeting companies they can work with. This saves both parties time -- so they can get right down to the business of buying and selling."
One buyer expected to participate, Sourcing / Audit Manager of Otto International Shanghai, Vincent Sung, said: "Sourcing quality products from Greater China means working very closely with the suppliers we select. In-person meetings are the best way to know if a supplier is someone we can partner with for the long-term."
One supplier, General Manager of Anhui Honren Co. (Group) Ltd., Xia Jiguo, said: "Private Sourcing Events put us face-to-face with key decision makers at some of the world's largest companies. This gives us the unique chance to go from introductions to orders all in single meeting."
World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events
Eighty Private Sourcing Events have been scheduled for 2008, with dozens of buyers including Best Buy, Bose, Casino, Office Depot and Sears already confirmed to participate. A list of Private Sourcing Events scheduled for the first half of 2008 is available at http://www.PrivateSourcingEvents.com .
Suppliers wishing to participate should contact csm@globalsources.com.
Specialized Global Sources Websites, Face-to-Face Events and Trade Magazines
Private Sourcing Events are part of the company's portfolio of brands for sourcing and product information services, which include Global Sources Online ( http://www.globalsources.com ), China Sourcing Fairs ( http://www.chinasourcingfair.com ), Global Sources monthly magazines and Global Sources Direct ( http://www.GlobalSourcesDirect.com ).
For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visit http://corporate.globalsources.com .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world to Greater China, and trade within China, using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 700,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 2.6 million products and more than 195,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 27 times a year across eight cities.
Suppliers receive more than 32 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.
For more information, please contact:
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.:
Christiane Pelz & Kirsten Chapman
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: investor@globalsources.com
