Greater China suppliers get strong start to 2009 with six Private Sourcing Events in January

HONG KONG, Jan. 7 /PRNewswire-Asia-FirstCall/ -- Dozens of pre-screened Greater China suppliers hope to get a strong start to 2009 by meeting top buyers at six Global Sources (Nasdaq: GSOL) Private Sourcing Events ( http://www.PrivateSourcingEvents.com ) in January. Buyers plan to source corporate gifts, digital home entertainment, portable digital devices, car electronics, baby & children's apparel and footwear, and mobile phone accessories.

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Twenty-four buyers with combined annual sales of US$980 billion are scheduled to participate in the events. Dates, product categories and locations are:

    -- Jan. 6:  Corporate Gifts -- Shenzhen
    -- Jan. 7:  Digital Home Entertainment -- Shenzhen
    -- Jan. 9:  Portable Digital Devices -- Shenzhen
    -- Jan. 14: Car Electronics -- Shenzhen
    -- Jan. 15: Baby & Children's Apparel and Footwear -- Wuxi
    -- Jan. 16: Mobile Phone Accessories -- Shenzhen

Among participating buyers are Carrefour, the world's second largest retailer; Best Buy,North America's largest specialty retailer of consumer electronics; Marks & Spencer, one of the UK's leading retailers; and Staples, the world's largest office products retailer.

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Most suppliers acrossGreater China expect that 2009 is not going to be an easy year. Global Sources is working to create new opportunities for them.

"We plan to expand our Private Sourcing Events schedule this year, giving suppliers the opportunity to meet serious international buyers at about 100 product-specific events.

"Even in a weak economy, quality buyers and suppliers can prosper as consumers seek more value for their money. Our complete online, face-to-face and print sourcing channels provide a platform for quality buyers and suppliers to meet and do business together."

One confirmed buyer, Sourcing Director of ThreeSixty Sourcing, George Ng, said: "We look for suppliers first and products second. We need to know about a supplier's business operations before we agree to work with them.

"Private Sourcing Events help us find reliable suppliers we can work with to deliver great products to our customers. These events have helped us find reliable business partners in far less time than it would normally take."

One supplier, Sales Manager of Shenzhen Kingsun Enterprises, Kevin Zhao, said: "Sales are still good for us. These days, buyers' expectations are much higher and that is leading more buyers to source our products. Private Sourcing Events connect us with the right buyers who put quality first."

World's top buyers scheduled to attend upcoming Private Sourcing Events

Over 100 Private Sourcing Events are planned for 2009, with dozens of buyers including Carrefour, Dollar General, Metro and Lowe's scheduled to participate. All Private Sourcing Events are complimentary for buyers and only Global Sources suppliers are eligible to participate. More information about Private Sourcing Events 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 Global Sources' sourcing and product information services. These include Global Sources Online ( http://www.globalsources.com ), China Sourcing Fairs ( http://www.chinasourcingfair.com ) and Global Sources monthly magazines. 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 uses English-language media to facilitate trade fromGreater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and withinGreater China.

The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 753,000 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 4.3 million products and more than 196,000 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 43 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 2,800 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
     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:
     Investor Relations Department
     Tel:   +852-2555-4777
     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

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