omniture

Global Sources to Present at September Investor Conferences

2010-09-07 12:35 1801

- Expecting 13% to 15% revenue growth in second half of 2010 -

- Scheduled to launch five China Sourcing Fairs in Miami in 2011 -

HONG KONG, Sept. 7, /PRNewswire-Asia/ -- Global Sources' (Nasdaq: GSOL) executive vice president of corporate development, James Strachan, is scheduled to present at the following investor conferences in September to discuss the company's strategy and outlook.

September Conferences

  • Rodman & Renshaw Annual Global Investment Conference on Tuesday, September 14th, at 11:15 a.m. ET at the Palace Hotel in New York.
  • Kaufman Bros. 13th Annual Investor Conference on Wednesday, September 15th, at 10:30 a.m. ET at the W Hotel in New York.

Recent Corporate Highlights

  • Second quarter 2010 revenue grew by 8%, as compared to the second quarter of 2009.
  • Business conditions are improving, and the company is receiving a strong positive reaction to the increasing integration of its multi-channel, end-to-end media solution. 
  • More than 60 trade shows are currently scheduled for 2011,  with the value proposition becoming increasingly "digital".
  • Five China Sourcing Fairs are scheduled to launch in Miami in July 2011, enabling Asian exporters to meet face-to-face with American, Canadian, and Latin American buyers.
  • Second half 2010 revenue is expected to be in the range of $97.0 million to $98.0 million, an increase of 13% to 15%, as compared to the second half of 2009.

Global Sources' presentation is scheduled to be webcast live and a replay of the webcast is scheduled to be available for 90 days. The link to the live webcast and replay are scheduled to be available at Global Sources' Investor Relations website: http://www.investor.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 uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 967,000 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 240 countries.

The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.5 million products and more than 262,000 suppliers annually through 14 online marketplaces, 13 monthly print and 16 digital magazines, over 80 sourcing research reports and 20 specialized trade shows which run 57 times a year across 9 cities.

Suppliers receive more than 192 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for nearly 40 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 2,500 team members in more than 40 locations, and a community of over 2 million registered online users and magazine readers for its Chinese-language media.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of the Securities Exchange Act of 1934, as amended. The company's actual results could differ materially from those set forth in the forward-looking statements as a result of the risks associated with the company's business, changes in general economic conditions, and changes in the assumptions used in making such forward-looking statements.

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:
Suzanne Wang
Tel:   +852-2555-4747

Email: investor@globalsources.com

Global Sources Investor Contact in U.S.:
Kirsten Chapman & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel:   +1-415-433-3777
Email: tdien@lhai.com

Source: Global Sources
Related Stocks:
NASDAQ:GSOL
collection