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Press Releases
Meetings with Pre-Screened Lighting Suppliers Help Seven Top Buyers, Including Brookstone, Lowe's, Woolworths Australia, Streamline Their Greater China Sourcing
Buyers Representing US$169 Billion in Combined Sales Participated in the Private Sourcing Event: Lighting & Electricals in Guangzhou; Products Sourced Ranged from Outdoor and Security Lighting to Ceiling and Track Lights HONG KONG, April 1, 2008 – Global Sources (NASDAQ:GSOL) announced that seven buyers with combined annual sales of US$169 billion met 31 pre-screened Greater China suppliers at the Private Sourcing Event: Lighting & Electricals (http://www.PrivateSourcingEvents.com) in Guangzhou on March 27, 2008.
Buyers that participated in the Private Sourcing Event to source products ranging from outdoor and security lighting to ceiling and track lights were:
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Private Sourcing Events are another way to help ensure quality for our buyers. "Like suppliers we feature on Global Sources Online and in our magazines and research reports, suppliers who participate have already been verified by our team with at least three in-person visits. For Private Sourcing Events, we take this one step further by allowing the buyers to pre-select the specific suppliers they want to meet. "This is a platform for serious negotiations, designed to create real business opportunities for both our buyers and suppliers." One participating buyer, Woolworths Australia's Electronics & Electricals Sourcing Manager, Eric Lau, said: "Global Sources' Private Sourcing Events consistently deliver good results. It is convenient to meet one-on-one with pre-qualified suppliers based on our requirements. This is my fourth time participating and the events have become part of my sourcing activities." One supplier, Marketing Manager of International Trade for Guangdong Opple Lighting, Zenith Zeng, said: "Buyers on the list are some of the top names in our industry. This is an excellent opportunity to expand to new markets and to learn about the requirements of top buyers." World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events Over 80 Private Sourcing Events are scheduled for 2008, with dozens of buyers including Best Buy, RadioShack, Staples and Toys 'R' Us already confirmed to participate. A complete 2008 Private Sourcing Events schedule is available at http://www.PrivateSourcingEvents.com. Suppliers wishing to participate should contact csm@globalsources.com. Specialized Global Sources Websites, Trade Magazines and Face-to-Face Events 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 magazines and Global Sources Direct (http://www.GlobalSourcesDirect.com). For more information, visit http://corporate.globalsources.com. |
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