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Buyers with US$230 Billion in Annual Sales to Meet Greater China Beauty and Personal Care Product Manufacturers

Global Sources
2007-06-27 16:04 1006

Boots, Carrefour and Sears Among Eight Big Buyers Scheduled to Participate in Global Sources' Private Sourcing Event

HONG KONG, June 27 /Xinhua-PRNewswire-FirstCall/ -- Eight buying organizations with annual sales of US$230 billion are scheduled to meet Greater China beauty and personal care product manufacturers at Global Sources' (Nasdaq: GSOL) Private Sourcing Event

( http://www.privatesourcingevents.com ) in Shenzhen on June 29.

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

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "These events perfectly match the requirements of today's volume buyers who need to source the newest products in the shortest amount of time.

"When buyers show up for the event, they've already pre-screened the suppliers they want to meet with. So, they can go straight to discussing sourcing opportunities."

Sears Divisional Vice President, Randy Evans, said: "Private Sourcing Events bring us together with experienced, pre-screened suppliers who understand our markets and needs.

"We consistently find quality manufacturers who are able to meet the specs, timelines, and production volumes we need in order to get quality, private branded products to our various store formats."

Buyers scheduled to participate in the Beauty & Personal Care Products Private Sourcing Event are:

-- Boots -- the UK's largest drugstore chain

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

-- Carrefour -- the world's second-largest retailer

-- Kesa Electricals -- Europe's third-largest electronics retailing group

-- Li & Fung -- the world's largest sourcing organization

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

-- Sears -- the third-largest US retailer

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

"Buyers who participate in these events are serious buyers ready to source new products. There's real potential for us to gain some big overseas orders and find new long-term buying partners," said Shenzhen Yingzhijian Technology Board Chairman, Lin Hanrong.

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

Some of the world's top buyers including Casino, Monster Cable, Sainsbury's and Sears are scheduled to attend upcoming Private Sourcing Events.

The next three scheduled events are:

-- Personal Audio, Video & Game Devices: Shenzhen -- July 10

-- Gift Packaging & Services: Shenzhen -- July 12

-- In-Car Electronics, Entertainment & Navigation: Hong Kong -- July 17

Global Sources has scheduled more than 50 Private Sourcing Events for 2007. A complete list of Private Sourcing Events to be held this year is available at http://www.privatesourcingevents.com .

Suppliers wishing to participate should contact csm@globalsources.com. Buyers may apply by contacting privatesourcingevents@globalsources.com.

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 600,000 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 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.

Suppliers receive more than 13 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 1,700 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 & Christiane Pelz

Lippert/Heilshorn & Associates, Inc.

Tel: +1-415-433-3777

Email: CPelz@lhai.com

Source: Global Sources
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