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Greater China suppliers set to end tough 2008 with strong buyer activity at Global Sources' Private Sourcing Events
Date:12/4/2008

HONG KONG, Dec. 4 /PRNewswire-Asia-FirstCall/ -- Dozens of pre-screened Greater China suppliers hope to end the year on a high note meeting top buyers at Global Sources' (Nasdaq: GSOL) December Private Sourcing Events ( http://www.PrivateSourcingEvents.com ) for sanitaryware & plumbing; bathroom & cleaning accessories; computer monitors, TVs & displays; toys; sporting goods; and health & personal care products.

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

Nineteen buyers with combined annual sales of US$386 billion have confirmed their participation in this month's events. Dates, product categories and locations are:

    -- Dec. 2 : Sanitaryware & Plumbing -- Hangzhou
    -- Dec. 2 : Bathroom & Cleaning Accessories -- Hangzhou
    -- Dec. 4 : Computer Monitors, TVs & Displays -- Shenzhen
    -- Dec. 9 : Toys -- Shenzhen
    -- Dec. 11: Sporting Goods -- Nanjing
    -- Dec. 16: Health & Personal Care Products -- Shanghai

Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "This has been one of the toughest years on record for Greater China suppliers. But buyers continue to source -- only they are looking to place orders with quality suppliers and doing so with more care. This is leading more buyers to our channels which offer a complete range of tools to pre-screen and locate quality suppliers.

"To start, every Global Sources supplier has been verified with at least three on-site visits before they are included in our online, face-to-face and print channels. We also offer third-party credit reports and supplier audits to help buyers further reduce uncertainty. Private Sourcing Events add another level of comfort for buyers, enabling them to filter potential partners based on specific requirements.

"Private Sourcing Events, together with our other channels, provide a complete solution for buyers as they seek highly reliable suppliers in an economy where every order has to be exactly right."

One confirmed buyer, Senior Merchandise Manager of Creata (Shenzhen) Ltd, Danny Xu, said: "Consumers today want even more value for the money they spend. We need suppliers who understand this and know that they cannot cut corners -- even in a down economy.

"Private Sourcing Events help us find these quality-focused suppliers in less time. These events have been a valuable tool to our China sourcing program."

One supplier, General Manager of HKC Group, Andrew Xu, said: "These days, it is more important than ever to work with financially stable buyers who can become long-term partners. Private Sourcing Events give us a direct channel to these kinds of buyers. It is an important face-to-face format that allows us to present the added value our company and products offer."

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

Over 50 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 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 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 mainland China, 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

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SOURCE Global Sources
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