Samsung Sends Seven Sourcing Teams to Meet Sixty Global Sources Verified Suppliers at Largest Custom Private Sourcing Event

HONG KONG, May 20 /Xinhua-PRNewswire-FirstCall/ -- Samsung Electronics, the global leader in digital technology, sent seven sourcing teams to meet 60 pre-screened Global Sources (Nasdaq: GSOL) suppliers at a Custom Private Sourcing Event (http://www.PrivateSourcingEvents.com ) on May 13-14 in Shenzhen.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b )

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Samsung's products have a reputation around the world for quality. It is a testament to the quality of our suppliers that Samsung sent seven teams here to source components that go into their finished products.

"This is the largest-ever Custom Private Sourcing Event. Samsung's strong participation and the growing participation of other global buyers reflect highly on the quality of the Private Sourcing Events and the value they deliver.

"The active involvement in these Events by industry heavyweights shows the tangible benefits that Global Sources' verified suppliers can realize. We offer suppliers a truly unique value proposition encompassing our specialized marketing platform, comprehensive online marketplace and a robust system of star-ranked and verified suppliers."

Product categories covered at the Event were Audio/Video, Computers, Digital Appliances, Printers, LCDs, Visual Displays and Wireless Products.

Managing Director of Samsung Electronics, Jang Yoo Chun, said: "World- class consumer electronics require world-class components. Suppliers not only have to produce quality, they have to deliver on time, every time.

"We were impressed with the suppliers we met at the Event. We look forward to working more with Global Sources going forward to find even more suppliers at the next Samsung Custom Private Sourcing Event in the third quarter."

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

Eighty Private Sourcing Events are scheduled for 2008, with dozens of buyers including Best Buy, Bose, Casino, Office Depot and Sears 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 .

About Global Sources

Global Sources is a leading business-to-business media company and a primary facilitator of trade withGreater China. The core business is facilitating trade fromGreater China to the world, using a wide range of English-language media. The other business segments facilitate trade from the world toGreater China, and trade withinChina, using Chinese-language media.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 700,000 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 2.6 million products and more than 195,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 27 times a year across eight cities.

Suppliers receive more than 32 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com ) alone.

Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainlandChina, Global Sources has over 2,100 team members in more than 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
     e-mail: cso@globalsources.com

    Global Sources Press Contact in U.S.:
     James W.W. Strachan
     Tel: +1-480-664-8309
     e-mail: strachan@globalsources.com

    Global Sources Investor Contact in Asia:
     Investor Relations Department
     Tel: +852-2555-4777
     e-mail: investor@globalsources.com

    Global Sources Investor Contact in U.S.:
     Christiane Pelz & Kirsten Chapman
     Lippert/Heilshorn & Associates, Inc.
     Tel: +1-415-433-3777
     e-mail: investor@globalsources.com

SOURCE Global Sources

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