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Friday, December 10, 2004

Buyers With Sales of US$140 Billion Participate in Global Sources Private Sourcing Event, Join Fashion Accessories Magazine 20th Anniversary Celebration

Buyers With Sales of US$140 Billion Participate in Global Sources Private Sourcing Event, Join Fashion Accessories Magazine 20th Anniversary Celebration

HONG KONG, Dec. 10 /Xinhua-PRNewswire-FirstCall/ -- Global Sources (NASDAQ:GSOL) hosted six of the world's largest retailers -- with a collective buying power of US$140 billion -- for exclusive Private Sourcing Events with select China manufacturers. Attending buyers and suppliers also participated in Asian Sources Fashion Accessories & Supplies 20th anniversary celebration.

Buyers included representatives from MGB Metro Group (Germany), El Cortes Ingles (Spain), Tchibo (Germany), OBI Asia Trade (Germany), Coles Myer (Australia) and QVC (USA) at the event in Hangzhou on Dec. 9 and 10. They met select Global Sources China manufacturers from Hangzhou, Shanghai, Wuxi and Nanjing.

Global Sources Chief Operating Officer Craig Pepples said, "Private Sourcing Events offer quality suppliers exceptional opportunities to meet one-on-one with some of the hardest-to-reach and largest buyers in the world. Global Sources is able to make this happen because of its strong relationships with these buyers and over 400,000 others worldwide.

"The 20th anniversary of Asian Sources Fashion Accessories & Supplies magazine comes at a time of enormous change for the industry, with the elimination of the World Trade Organization's quotas on textiles and garments in January 2005.

"Fashion Accessories & Supplies looks forward to continuing to help suppliers meet the needs of international buyers well into the future."

Fashion Accessories & Supplies and Private Sourcing Events are integral parts of Global Sources' complete export marketing and sourcing solution, which include Asian Sources trade magazines, Global Sources Online and China Sourcing Fairs.

About Global Sources

Global Sources is a leading business-to-business (B2B) media company that facilitates global trade, with a particular focus on the China market, by providing information to international buyers and integrated marketing services to suppliers.

We deliver content to our communities through our leading network of nine vertical marketplaces and 13 geographic portals, and through magazines, CD-ROMs and private catalogs, as well as China Sourcing Fairs and technical events. Our flagship marketplace, Global Sources Online ( www.globalsources.com ), hosts more marketing and sourcing activity than any other global merchandise trade marketplace.

We serve a growing, independently certified community of more than 419,000 active buyers in over 230 countries and territories. These buyers generate more than 4 million inquiries annually for 130,000 suppliers through Global Sources Online alone. We offer extensive creative services and export consultation through 150 client service officers in Greater China and other leading supply markets, and through more than 750 sales representatives who make approximately 40,000 supplier visits monthly. In mainland China, we have 23 years on-the-ground presence, supported by 1,000 team members in 44 locations throughout the country.

Global Sources' solutions are based on 34 years as a trade magazine publisher serving the global trade community, 14 years as a trade management software developer, 13 years as manager of trade shows in Asia, and nine years as an online marketplace operator.

Global Sources Investor Contacts:

Kirsten Chapman & Moriah Shilton
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Fax: +1-415-433-5577
Email: kirsten@lhai-sf.com

Global Sources Contact in Asia:

Camellia So
Tel: +852-2555-5023
Fax: +852-2518-8764
Email: cso@globalsources.com

Global Sources Contact in U.S.:

James W.W. Strachan
Tel: +1-602-978-7504
Fax: +1-602-978-7512
Email: strachan@globalsources.com


Source: Global Sources Ltd.

CONTACT: Kirsten Chapman & Moriah Shilton of Lippert/Heilshorn &
Associates, Inc., +1-415-433-3777, or fax, +1-415-433-5577, or
kirsten@lhai-sf.com, for Global Sources; Camellia So of Global Sources Asia,
+852-2555-5023, or fax, +852-2518-8764, or cso@globalsources.com; or
James W.W. Strachan of Global Sources U.S., +1-602-978-7504, or fax,
+1-602-978-7512, or strachan@globalsources.com

Web Site: http://www.globalsources.com/


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