Global Sources’ Annual Booth Capacity at AsiaWorld-Expo to Grow to 17,000 in 2009, Up from 16,000 in 2007
HONG KONG, Aug. 30 /Xinhua-PRNewswire-FirstCall/ -- Global Sources
(Nasdaq: GSOL) ( http://www.globalsources.com ) expects to offer buyers even more specialized sourcing opportunities with the expansion of its China Sourcing Fairs ( http://www.chinasourcingfairs.com ) to include new Gifts & Premiums and Home Products shows. The Fairs are set for Hong Kong’s AsiaWorld-Expo every April and October starting April 2009.
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The Gifts & Home Products Fair is scheduled to continue in and through 2008.
The new shows starting in 2009 are expected to increase total annual booth capacity for China Sourcing Fairs at AsiaWorld-Expo to 17,000, up from 16,000 in 2007.
Global Sources’ chairman and CEO, Merle A. Hinrichs, said: "We believe further specialization is key in this sector -- and vital to support the specific requirements of both volume buyers and professional suppliers. Starting in 2009, we expect to hold 10 specialized China Sourcing Fairs in Hong Kong alone -- plus others in Dubai and Shanghai.
"Our offering includes the highly successful China Sourcing Fairs and our 50-plus annual Private Sourcing Events -- where we bring suppliers together with the world’s biggest buyers.
"Our China Sourcing Fair portfolio has rapidly developed into a powerful brand, which we are successfully expanding and extending into new markets. Our shows are a critically important complement to our online and print media as they provide both buyers and sellers with face-to-face contact and ordering opportunities.
"Before buyers place orders, they need to carefully qualify suppliers they’ve learned about through our online and print media. And, for our supplier customers, meeting face-to-face with highly qualified buyers who are ready to place orders is a top export marketing priority.
"The success of our shows is a major pillar of support and catalyst for our online and print media -- and also a distinguishing competitive advantage for Global Sources."
China Sourcing Fairs Scheduled for 2008 and 2009 in Hong Kong at AsiaWorld-Expo
The China Sourcing Fairs are carefully timed to help buyers maximize their sourcing trips to Hong Kong and southern China during peak trade show seasons. China Sourcing Fairs are scheduled for 2008 at AsiaWorld-Expo in Hong Kong as follows:
-- April 12-15 & October 12-15 - Electronics & Components, Fashion
Accessories, Underwear & Swimwear
-- April 20-23 & October 20-23 - Gifts & Home Products
China Sourcing Fairs scheduled for 2009 at AsiaWorld-Expo are:
-- April 12-15 & October 12-15 -- Electronics & Components, Fashion
Accessories, Underwear & Swimwear
-- April 20-23 -- Home Products
-- April 28-May 1 -- Gifts & Premiums
-- October 20-23 -- Gifts & Premiums and Home Products
For further information about China Sourcing Fairs in Hong Kong, Shanghai and Dubai, please visit http://www.chinasourcingfair.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.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of the Securities Exchange Act of 1934, as amended. The company’s actual results could differ materially from those set forth in the forward-looking statements as a result of the risks associated with the company’s business, changes in general economic conditions, and changes in the assumptions used in making such forward-looking statements.
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
