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Buyers with Sales of US$147 Billion to Meet 49 China Digital Media Player Suppliers at Global Sources Private Sourcing Event

Global Sources
2007-03-08 16:30 2285

Circuit City, OfficeMax and Staples Among Buyers Set to Participate

in Exclusive Buyer-Meet-Supplier Event

HONG KONG, March 8 /Xinhua-PRNewswire-FirstCall/ -- Twelve buying organizations with annual sales of US$147 billion are scheduled to meet 49 Greater China suppliers of digital media players and accessories at Global Sources (Nasdaq: GSOL) Private Sourcing Event in Shenzhen on March 12.

(Logo: http://www.prnasia.com/sa/200701111135-min.jpg )

Global Sources Chairman and CEO, Merle A. Hinrichs, said: "Private Sourcing Events are an extension of our print, online and trade show media which all focus on creating high-level trading opportunities.

"These kinds of meetings are increasingly important for our suppliers as they strive to work with top buyers who can help them move up the value chain and compete on more than price alone."

OfficeMax International Marketing Manager, Jackie L.C. Wei, said: "Private Sourcing Events give us the unique opportunity to meet multiple pre-screened suppliers for a single product category, all in a single day. Each time we participate, we discover a range of new sourcing options.

"Private Sourcing Events have greatly improved our Greater China sourcing program."

Retailers set to participate in the Digital Media Players and Accessories Private Sourcing Event include:

-- Brookstone -- one of the largest specialty retailers in the US

-- Circuit City -- the second largest electronics retailer in the US

-- Casino -- France’s largest convenience store operator

-- Kesa Electricals -- Europe’s third largest electronics retailing

group

-- Kmart (Australia) -- one of Australia’s largest discount chains

-- OfficeMax -- the third largest office supply retailer in the US

-- RadioShack -- the third largest electronics chain in the US

-- Staples -- the world’s leading supplier of office products

-- Target (Australia) -- one of Australia’s largest retailers

-- Woolworths (Australia) -- Australia’s largest retailer

Buyers from IPA and Woolworths (UK) are also scheduled to participate.

"These buyers represent some of the biggest names in our industry," said Shenzhen Goldmate Science & Technology General Manager, Jeff Li. "It’s an excellent chance to introduce our newest products. And the one-to-one format gives us the opportunity to promote our company advantages in detail."

World’s Top Buyers Scheduled to Attend Upcoming Private Sourcing Events

Some of the world’s top buyers including Carrefour, Coles Group, Casino, NEC and Tchibo are scheduled to attend upcoming Private Sourcing Events.

The next three scheduled events are:

-- Sportswear, Sports Footwear, Backpacks -- March 27

-- Phone Systems -- Corded, Cordless and VoIP -- March 28

-- Kitchen & Tableware -- April 3

Suppliers wishing to participate can contact csm@globalsources.com .

Private Sourcing Event suppliers are pre-selected based on their applications. They are then scheduled by buyers to meet privately at venues arranged by Global Sources.

Private Sourcing Events are part of the company’s sourcing and product information services which include Global Sources trade magazines, Global Sources Online ( http://www.globalsources.com ), Global Sources Direct ( http://www.globalsourcesdirect.com ) and the China Sourcing Fairs

( http://www.chinasourcingfair.com ).

For more information, visit http://corporate.globalsources.com .

About Global Sources

Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way 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 key business segment facilitates trade from the world to Greater 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 560,000 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 230 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 11 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a years across seven cities. Suppliers receive more than 10 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for 36 years. In mainland China it has over 1,600 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for

Chinese-language media.

Global Sources Press Contact in Asia:

Camellia So

Tel: +852-2555-5021

Email: cso@globalsources.com

Global Sources Investor Contact in Asia:

Eddie Heng

Tel: +65-6547-2850

Email: eheng@globalsources.com

Global Sources Press Contact in U.S.:

James W.W. Strachan

Tel: +1-602-978-7504

Email: strachan@globalsources.com

Global Sources Investor Contact in U.S.:

Moriah Shilton & Cathy Mattison

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: cmattison@lhai.com

Source: Global Sources
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