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Buyers with Sales of Over US$511 Billion Set to Meet Greater China Suppliers at 14 Private Sourcing Events in June

2008-06-10 17:20 1307

Casino, Metro, Philips and Sears Among 29 Top Buyers Scheduled to Source

Arts & Craft Gifts, CCTV Cameras, Home Entertainment, Kitchen & Home Appliances, Vehicle Accessories and Other Products

HONG KONG, June 10 /Xinhua-PRNewswire-FirstCall/ -- Throughout June, Global Sources' (Nasdaq: GSOL) verified suppliers are scheduled to meet top buyers with annual sales of over US$511 billion at 14 Private Sourcing Events (http://www.PrivateSourcingEvents.com ) in five key sourcing centers across mainland China.

(Logo: http://www.prnasia.com/sa/200703271450.JPG )

Twenty-nine buyers, including Casino, Metro, Philips and Sears have confirmed their participation in the June events. Dates, product categories and locations of the Private Sourcing Events are:

-- June 3: Laptop Peripherals & Accessories - Shenzhen

-- June 4: Arts and Craft Gifts - Xiamen

-- June 5: Bags & Travel Goods - Xiamen

-- June 12: Camping & Leisure - Ningbo

-- June 12: Vehicle Accessories & Parts - Ningbo

-- June 13: Personal Home Security & Safety - Shenzhen

-- June 16: In-Car A/V Systems & Accessories - Shenzhen

-- June 17: Digital Personal Electronic Devices & Accessories - Shenzhen

-- June 20: Baby Travel Products & Furniture - Shanghai

-- June 25: Kitchen & Home Appliances - Guangzhou

-- June 26: Automotive Lighting and Auto Safety & Security - Shenzhen

-- June 27: Table & Kitchenware - Shenzhen

-- June 30: CCTV Cameras, Systems, Monitors and DVRs - Shenzhen

-- June 30: High-End Home Entertainment - Shenzhen

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "One of our key differentiators is our highly specialized sourcing platform of online media, face-to-face events and magazines. This flexible sourcing solution aims to save buyers' time by offering very focused sourcing opportunities in the channels that they prefer.

"While Global Sources Online, the China Sourcing Fairs and our monthly magazines showcase suppliers and products from specific industries, Private Sourcing Events take this one step further through exclusive meetings between buyers and suppliers of very specific products.

"Combined with our supplier verification services and comprehensive online search results, we offer a complete platform for buyers to streamline their sourcing and reduce risk."

One buyer expected to participate, Merchandise Manager of Canadian Tire, Laurence Wu, said: "We are a great supporter of the Private Sourcing Events. It is a good tool to locate potential vendors and makes our lives so much easier."

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

Eighty Private Sourcing Events are scheduled for 2008, with dozens of buyers including Best Buy, Carrefour, Circuit City and Lowe's confirmed to participate. More information about Private Sourcing Events 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.

Global Sources Press Contact in Asia:

Camellia So

Tel: +852-2555-5021

Email: cso@globalsources.com

Global Sources Investor Contact in Asia:

Investor Relations Department

Tel: +852-2555-4777

Email: investor@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 U.S.:

Christiane Pelz & Kirsten Chapman

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: investor@globalsources.com

Source: Global Sources
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