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Buyers With Sales of Over US$600 Billion Scheduled to Meet Greater China Suppliers at Private Sourcing Events in May
Buyers, Including Dairy Farm, Samsung Electronics and Tesco, Scheduled to Source Gifts & Novelties, Power Supplies, Personal Care & Health Products, Telephone & VoIP Devices and Other Consumer Products
HONG KONG, May 13, 2008 – Major international buyers – representing annual sales of US$603 billion – have pre-selected Global Sources'(NASDAQ: GSOL) verified suppliers for exclusive meetings at Private Sourcing Events (http://www.PrivateSourcingEvents.com) from May 13 to 30 in three key sourcing centers across mainland China.

Thirty-three buyers, including Dairy Farm, Samsung Electronics and Tesco, have confirmed their participation in events this month. Dates, product categories and locations are:

  • May 13: Samsung Custom Private Sourcing Event – Shenzhen
  • May 20: Hand & Power Tools, Gardening & Lawn Tools – Ningbo
  • May 22: Gifts & Novelties – Shenzhen
  • May 23: Power Supplies, Batteries & Accessories – Shenzhen
  • May 26: Sportswear, Footwear & Sports Bags – Quanzhou
  • May 28: Personal Care & Health Products – Shenzhen
  • May 30: Telephone & VoIP Devices – Shenzhen

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Despite a rising RMB and higher manufacturing costs, Greater China is still the first place buyers look to source quality products from quality suppliers – at the most competitive price points. And, our verified suppliers are the reason more and more buyers are looking to Private Sourcing Events.

"Every supplier participating has been verified by our team and pre-screened by buyers beforehand, so buyers know they're meeting companies they can work with. This saves both parties time – so they can get right down to the business of buying and selling."

One buyer expected to participate, Sourcing / Audit Manager of Otto International Shanghai, Vincent Sung, said: "Sourcing quality products from Greater China means working very closely with the suppliers we select. In-person meetings are the best way to know if a supplier is someone we can partner with for the long-term."

One supplier, General Manager of Anhui Honren Co. (Group) Ltd., Xia Jiguo, said: "Private Sourcing Events put us face-to-face with key decision makers at some of the world’s largest companies. This gives us the unique chance to go from introductions to orders all in single meeting."

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

Eighty Private Sourcing Events have been scheduled for 2008, with dozens of buyers including Best Buy, Bose, Casino, Office Depot and Sears already confirmed to participate. A list of Private Sourcing Events scheduled for the first half of 2008 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 .

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