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Meetings Create Huge New Export Opportunities for Greater China Suppliers HANGZHOU, China, Aug. 1 /Xinhua-PRNewswire-FirstCall/ -- Nine buyerswith combined annual sales of US$250 billion met Greater China exporters ofcamping and leisure products at Global Sources' (Nasdaq: GSOL) PrivateSourcing Event ( http://www.privatesourcingevents.com ) in Hangzhou on July26. (Logo: http://www.newscom.com/cgi-bin/prnh/20030303/LNM011LOGO-b ) Global Sources' Chairman and CEO, Merle A. Hinrichs, said:"Free-of-charge to both our buyers and suppliers, Private Sourcing Eventsadd value to our comprehensive print, online and face-to-face channels. "They complete our end-to-end solution which facilitates trade acrossall stages of the sourcing cycle." Buyers at the Camping & Leisure Private Sourcing Event included: -- A.S. Watson -- Hong Kong's largest retail and manufacturing group -- $12.7 billion annual sales -- Carrefour -- the world's second-largest retailer -- $105 billion in annual sales -- Casino - France's largest convenience store operator -- $33 billion in annual sales -- El Corte Ingles -- Spain's largest retailer -- $20.5 billion in annual sales -- Kmart (Australia) -- one of Australia's largest discount chains -- $3.3 billion in annual sales -- QVC -- the world's largest television shopping network -- $6.5 billion in annual sales -- Sears -- the fourth-largest US retailer -- $53 billion in annual sales -- Staples -- the world's largest office products retailer -?V $18.2 billion in annual sales -- The Warehouse -- New Zealand's largest general retailer -- $1.3 billion in annual sales Sears Holdings Divisional Vice President, Jay Burdett, said: "PrivateSourcing Events save us time and money and leverage our internal sourcingdepartment. We're able to concentrate efforts on suppliers with a highbusiness potential without hours and days of research. Private SourcingEvents are a fast track to good products and partners." One supplier, Zhejiang Feijian Industry & Trade's General Manager, XiaFeijian, said: "We make products that are built to last -- so they're a bitmore expensive. Buyers we met today were very focused on quality andwilling to pay more for it." World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events Some of the world's top buyers, including A.S. Watson, Metro, Sears andTarget Australia are scheduled to attend upcoming Private Sourcing Events.The next three 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 over635,000 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 18 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
