HONG KONG, Sept. 24 /Xinhua-PRNewswire-FirstCall/ -- Global Sources (Nasdaq: GSOL) has partnered with Verify Limited to provide global buyers with the sourcing industry’s most comprehensive online credit reports on Greater China suppliers. Free to buyers, Credit Check provides data on up to 13 different legal and financial business areas, including corporate status, shareholders, licenses and permits. The service forms one more element of the new version of Global Sources Online ( http://www.globalsources.com ), scheduled to launch next month.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Companies listed on Global Sources Online that have opted to participate in the program will carry a ‘Credit Check’ logo to show their information has been verified. Buyers can click the logo to access detailed credit information for suppliers participating in the program.
In the fourth quarter of this year, Global Sources and Verify will offer buyers more extensive reports which will include credit ratings, litigation, banking relationships and risk analysis metrics. Buyers will be able to purchase these additional reports online to check any Global Sources supplier.
Global Sources’ Chairman and CEO, Merle A. Hinrichs, said: "Before buyers consider working with any supplier they need to know their business claims are legitimate.
"Buyers already trust our suppliers because they’ve been carefully verified through personal visits from our team of professionals. Now buyers can get third-party verification of our suppliers’ data and access a wealth of additional data to better manage their sourcing risk.
"Through our partnership with Verify, a leading provider of risk management solutions in Asia, we’re enabling buyers to source with more confidence from Greater China."
Verify Limited General Manager, Allan Matheson, said: "Reliable risk management information is critical when dealing with overseas business partners.
"Often times, buyers don’t know how to access this information or think it’s simply not available. Through our partnership with Global Sources, we aim to make Greater China supplier credit information more easily accessible to buyers worldwide.
"We salute Global Sources for providing these reports free to their buyers. In doing so, they’re making it easier than ever for buyers to find reliable trade partners from across Greater China."
More information about Global Sources is available at http://corporate.globalsources.com/ .
For more information about Verify Limited, visit http://www.verifyscreening.com/ .
About Global Sources
Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 635,000 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 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 18 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 36 years. In mainland China it has over 1,700 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for
Chinese-language media.
About Verify
Verify Limited ( www.verifyscreening.com ) is a market leading provider of risk management information, combining service excellence in due diligence information, credit information, pre-employment screening and other risk management tools.
Verify’s products include credit reports, civil litigation databases, property searches, and individual screening reports, providing risk management information to help manage business risks of some of the world’s biggest companies. With operations in Hong Kong, Singapore, Kuala Lumpur, Tokyo, Zhuhai, Delhi, Mumbai and Pune, Verify has a strong footprint throughout Asia.
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: +1-480-664-8309
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
