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Global Sources' Private Sourcing Event to Advance Hong Kong's Position as Gateway for Greater China Trade

2007-07-13 13:05 1259

Carrefour, Casino, and Staples Among Buyers Scheduled to Source In-Car Electronics from Greater China Exporters in Hong Kong

HONG KONG, July 13 /Xinhua-PRNewswire-FirstCall/ -- Buyers including Carrefour, Casino and Staples are scheduled to meet Greater China in-car electronics exporters at Global Sources' (Nasdaq: GSOL) Private Sourcing Event ( http://www.privatesourcingevents.com ) in Hong Kong on July 17.

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

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Private Sourcing Events go far beyond a casual e-mail inquiry. They deliver real results by connecting pre-screened suppliers with buyers actively seeking the kind of products they make.

"We're pleased to bring these events home to Hong Kong where Global Sources has been headquartered for the past 36 years. Today's event, along with our eight China Sourcing Fair trade shows held here each year, are part of our commitment to support Hong Kong trade."

One buyer, Staples' Business Team Manager of Technology, Jeffrey Jiang, said: "For buyers at our level, face-to-face meetings are how trade is done. We need to meet suppliers in person and ask some very tough questions before we can even consider working with them.

"Private Sourcing Events help us meet excellent potential suppliers in far less time than we could using other channels."

Circuit City, Markant and RadioShack Among Buyers at July 10 Shenzhen Private Sourcing Event

Twelve international buyers met 35 Greater China exporters of personal audio, video and game devices at the July 10 Private Sourcing Event in Hong Kong.

"All the buyers we met today had very specific plans to source products within the next six months. These were high quality meetings with great potential to generate some very big orders very soon," said one supplier, Qanstar Development Marketing Executive, Daniel S. W. Chan.

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

Some of the world's top buyers including Halfords, Kmart Australia and NEC are scheduled to attend upcoming Private Sourcing Events.

The next three scheduled events are:

-- PC Peripherals: Shenzhen -- July 19

-- Camping & Leisure: Hangzhou -- July 26

-- Bluetooth Products & Accessories: Shenzhen -- July 31

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 ), andGlobal 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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