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HONG KONG CHINA
Circuit City, RadioShack and Staples Among Buyers Scheduled to Participate in Global Sources' Private Sourcing Event HONG KONG, July 27 /Xinhua-PRNewswire-FirstCall/ -- Seven buyers withcombined annual sales of US$77 billion are scheduled to meet Greater Chinasuppliers of Bluetooth products and accessories at Global Sources' (Nasdaq:GSOL) Private Sourcing Event ( http://www.privatesourcingevents.com ) inShenzhen on July 31. (Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b ) Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Onlinepromotion has become an indispensable marketing tool -- but, alone, it'snot enough to attract top buyers. "That's why we offer suppliers a complete export marketing platformwhich includes online for lead generation, print for branding andface-to-face opportunities like our Private Sourcing Events and ChinaSourcing Fairs to finalize orders." Buyers scheduled to participate in the Bluetooth Products & AccessoriesPrivate Sourcing Event are: * Casino -- France's largest convenience store operator -- $33 billion in annual sales * Circuit City -- the second-largest electronics retailer in the US ?V $11.5 billion in annual sales * IPA -- one of Spain and Portugal's largest purchasing consortiums ?V $1.5 billion in annual sales * Kmart (Australia) -- one of Australia's largest discount department store chains -- $3.3 billion in annual sales * RadioShack -- the third-largest US electronics chain -- $4.8 billion in annual sales * Staples -- the world's largest office supply retailer -- $18.2 billion in annual sales * Woolworths (UK) -- one of the UK's largest general retailers -- $5.5 billion in annual sales One buyer, Staples' Business Team Manager -- Technology, Jeffrey Jiang,said: "Taiwan suppliers are driving the high-end in the Bluetooth devicemarket, but mainland China and Hong Kong suppliers are catching up quickly. "To find the best products, we'd usually have to visit multiplesourcing hubs. One of the advantages of Private Sourcing Events is that wecan meet some of the best suppliers from across Greater China, all in asingle location." One supplier, Zhongshan K-mate General Electronics' General Manager,Leo Ye, said: "We've transformed our company in the past year so that wecan meet the requirements of top buyers. We're very confident the buyers wemeet are going to be impressed -- not just by our innovative products --but by the value we add to what we sell." World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events Some of the world's top buyers, including A.S. Watson, Casino, Metroand QVC are scheduled to attend upcoming Private Sourcing Events: The nextthree events are: * Summer Garments: Wuxi -- August 9 * Sporting Goods: Shanghai -- August 23 * Baby & Children's Bedding & Furniture: Shanghai -- August 24 Global Sources has scheduled more than 50 Private Sourcing Events for2007. A complete list of Private Sourcing Events to be held this year isavailable at http://www.privatesourcingevents.com . Suppliers wishing to participate should contact csm@globalsources.com.Buyers may apply by contacting privatesourcingevents@globalsources.com. Private Sourcing Events are part of the company's sourcing and productinformation services which include Global Sources trade magazines, GlobalSources Online ( http://www.globalsources.com ), Global Sources Direct (http://www.globalsourcesdirect.com ) and the China Sourcing Fairs (http://www.chinasourcingfair.com ). For more information, visit http://corporate.globalsources.com . About Global Sources Global Sources is a leading business-to-business (B2B) media companyand a primary facilitator of two-way trade with Greater China. The corebusiness is facilitating trade from Greater China to the world, using awide range of English-language media. The other key business segmentfacilitates trade from the world to Greater China using Chinese-languagemedia. The company provides sourcing information to volume buyers andintegrated marketing services to suppliers. It helps a community of over600,000 active buyers source more profitably from complex overseas supplymarkets. With the goal of providing the most effective ways possible toadvertise, market and sell, Global Sources enables suppliers to sell tohard-to-reach buyers in over 230 countries. The company offers the most extensive range of media and exportmarketing services in the industries it serves. It delivers information on1.8 million products and more than 150,000 suppliers annually through 13online marketplaces, 12 monthly magazines, over 100 sourcing researchreports and nine specialized trade shows which run 22 times a year acrossseven cities. Suppliers receive more than 13 million sales leads annually from buyersthrough Global Sources Online ( http://www.globalsources.com ) alone. Global Sources has been facilitating global trade for 36 years. Inmainland China it has over 1,700 team members in 44 locations, and acommunity of over 1 million registered online users and magazine readersfor Chinese-language media. Global Sources Press Contact in Asia: Camellia So Tel: +852-2555-5021 Email: cso@globalsources.com Global Sources Investor Contact in Asia: Eddie Heng Tel: +65-6547-2850 Email: eheng@globalsources.com Global Sources Press Contact in U.S.: James W.W. Strachan Tel: +1-602-978-7504 Email: strachan@globalsources.com Global Sources Investor Contact in U.S.: Moriah Shilton & Christiane Pelz Lippert/Heilshorn & Associates, Inc. Tel: +1-415-433-3777 Email: cpelz@lhai.com
