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Press Release - Global Sources (GSOL-NASDAQ)

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“In October, we are launching the next generation of our flagship online marketplace at globalsources.com. The site will offer buyers two major advantages. First, it is a vertical search engine, which will deliver the largest selection of export suppliers and products anywhere on the web. Secondly, it will enable buyers to identify ‘verified suppliers’ who have all been pre-qualified through face- to- face visits and capability assessments.” - Merle A. Hinrichs (GSOL) (Interview published October 12, 2007)

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To:                  Global Sources Investor List

Date:               June 10, 2008

Subject:          Global Sources Investor Update – May News

 

Your May news summaries about Global Sources (NASDAQ-GS: GSOL) are enclosed, including top investor news, trade shows & events, industry news and more…

 

For full details, please click on the links. To read all reports, click http://www.corporate.globalsources.com/INFO/INFO_IDX.HTM.

 

Late-breaking News

 

June 5-EE Times-India's New Embedded Design India and Power Design India Websites to Meet Engineers' Demand for Specialized Electronics Design Solutions

 

Top Investor & Corporate News

  • Global Sources Reports First Quarter Results (Click icon for earnings webcast)
  • Global Sources Details Plan to Distribute up to RMB 1,000,000 to Aid Sichuan Earthquake Victims
  • Global Sources to Donate up to RMB 1 Million for China Earthquake Relief

 

Trade Shows & Events

  • 2008 China Sourcing Fairs in Dubai Expand 60 Percent
  • China Sourcing Fair Exhibitors Donate Product Samples to Charity
  • Samsung Sends Seven Sourcing Teams to Meet Sixty Global Sources Verified Suppliers at Largest Custom Private Sourcing Event
  • Buyers With Sales of Over US$600 Billion Scheduled to Meet Greater China Suppliers at Private Sourcing Events in May

 

Industry News

  • Most Exciting Electronic Products Made in Asia Sought for 2nd Annual Global Sources Electronics Design Awards
  • Exports of Mainland China and Hong Kong-Made Mini Component Systems Expected to Grow Despite Price Increases – China Sourcing Report
  • Greater China's LED Lighting Manufacturers Predict Export Boom Due to Broader Range of General Lighting Applications - China Sourcing Report

 

Top Investor & Corporate News

 

Global Sources Reports First Quarter Results Webcast

 

Revenue of $40.6 Million, Up 16% Compared to First Quarter 2007 Driven by Online Revenue Growth of 27%; First Quarter GAAP EPS of $0.17 and Non-GAAP EPS of $0.14; Increases Guidance for Second Quarter 2008 and First Half 2008 Revenue and EPS

 

NEW YORK, May 22, 2008 – Global Sources Ltd. (NASDAQ: GSOL) (http://www.globalsources.com) reported financial results for the first quarter ended March 31, 2008.

 

 

Global Sources Details Plan to Distribute up to RMB 1,000,000 to Aid Sichuan Earthquake Victims

 

HONG KONG, May 19, 2008 – Global Sources (NASDAQ: GSOL) has outlined its plan to donate up to RMB 1,000,000 to aid victims of the Sichuan earthquake. So far, the company has allocated RMB 500,000 for charity and plans to raise another RMB 500,000 by matching donations from team members. The company plans to distribute the funds to various charities in the following amounts:

  • Up to RMB 500,000 to be donated to the China Youth Development Foundation (http://www.cydf.org.cn/index.asp) to help rebuild a school in Sichuan province. Global Sources is planning to form a team of volunteers to directly assist in this project.
  • RMB 200,000 to be given to the Half the Sky Foundation (http://www.halfthesky.org) to provide care for children orphaned by the earthquake.
  • RMB 200,000 to be spent to provide medical supplies, water, food and other necessities to survivors through the local Red Cross in Guang Yuan city, a particular hard-hit area.
  • RMB 100,000 to be donated to Red Cross of China (http://www.redcross.org.cn), which now has volunteers in the affected areas actively assisting with relief efforts.

 

Global Sources to Donate up to RMB 1 Million for China Earthquake Relief
Team Members Ready to Volunteer for Aid Programs, Company Actively Looking at Ways to Help Communities Rebuild

 

HONG KONG, May 14, 2008 – Global Sources (NASDAQ: GSOL) and its team members will donate up to RMB 1 million to aid those affected by the massive earthquake in southwestern China on May 12. Team members have also offered to volunteer for relief efforts in the region and the company is exploring ways to help communities rebuild hospitals and schools.

 


 

Tradeshows & Events

 

2008 China Sourcing Fairs in Dubai Expand 60 Percent; Event Is The Largest China-products Exhibition in The Middle East

Global Sources expands 2008 Dubai Show by over 60 percent to include Greater China manufacturers of gifts and home products, electronics and fashion accessories

 

DUBAI, United Arab Emirates, May 29, 2008 – Global Sources (Nasdaq: GSOL) announced today that its three upcoming China Sourcing Fairs in Dubai will be over 60% larger this year.The China Sourcing Fairs: Gifts & Home Products, Electronics, and Fashion Accessories, will feature manufacturers from Greater China. The co-located events will be held June 9-11, 2008, at the Dubai International Convention & Exhibition Centre.

 

 

China Sourcing Fair Exhibitors Donate Product Samples to Charity

 

HONG KONG, May 23, 2008 – More than 80 exhibitors participated in Global Sources' (NASDAQ: GSOL) Care & Share charity program held during the April China Sourcing Fairs (http://www.chinasourcingfair.com) in Hong Kong. Five truckloads of donated items were given to non-profit organization Crossroads International to distribute to people affected by natural disasters, conflict and in economically depressed communities.

 

 

Samsung Sends Seven Sourcing Teams to Meet Sixty Global Sources Verified Suppliers at Largest Custom Private Sourcing Event
Categories Covered at Private Sourcing Event Include Audio/Video, Computer, Digital Appliances, Printers, LCDs, Visual Displays and Wireless Products

 

HONG KONG, May 20, 2008 –Samsung Electronics, the global leader in digital technology, sent seven sourcing teams to meet 60 pre-screened Global Sources (NASDAQ: GSOL) suppliers at a Custom Private Sourcing Event (http://www.PrivateSourcingEvents.com) on May 13-14 in Shenzhen.

 

 

Buyers With Sales of Over US$600 Billion Scheduled to Meet Greater China Suppliers at Private Sourcing Events in May
Buyers, Including Dairy Farm, Samsung Electronics and Tesco, Scheduled to Source Gifts & Novelties, Power Supplies, Personal Care & Health Products, Telephone & VoIP Devices and Other Consumer Products

 

HONG KONG, May 13, 2008 – Major international buyers – representing annual sales of US$603 billion – have pre-selected Global Sources'(NASDAQ: GSOL) verified suppliers for exclusive meetings at Private Sourcing Events (http://www.PrivateSourcingEvents.com) from May 13 to 30 in three key sourcing centers across mainland China.

 

Industry News

 

Most Exciting Electronic Products Made in Asia Sought for 2nd Annual Global Sources Electronics Design Awards
Nominations Now Open for Region's Hottest Computer Products, Home Entertainment, In-car Electronics, Mobile Communication, Networking, Personal Electronics, Power Supplies and Security Products

 

HONG KONG, May 26, 2008 – Global Sources (NASDAQ: GSOL) has opened nominations for its second annual Electronics Design Awards, which aim to identify the most exciting new electronics made in Asia ( http://www.globalsources.com/elecawards ).

 

http://www.corporate.globalsources.com/INFO/PRESS/2008/MAY26.HTM

 

 

Exports of Mainland China and Hong Kong-Made Mini Component Systems Expected to Grow Despite Price Increases – China Sourcing Report

 

HONG KONG, May 8, 2008 – Eighty-six percent of mainland China and Hong Kong mini component systems manufacturers expect higher export sales in 2008. This is despite rising prices due to a variety of factors including higher labor and raw material costs, according to Global Sources’ (NASDAQ: GSOL) China Sourcing Report: Mini Component Systems (http://www.ChinaSourcingReports.com/minicomponentsystemsreport).

 

 

Greater China's LED Lighting Manufacturers Predict Export Boom Due to Broader Range of General Lighting Applications - China Sourcing Report
China Sourcing Report: LED Lighting Fixtures Covers Pricing, Supply Market Trends, Suppliers and Details on Ceiling-Mount, In-Ground and Wall-Mount Light Emitting Diode Fixtures for Export

 

HONG KONG, May 5, 2008 – Eighty-one percent of Greater China LED light fixture suppliers predict strong export growth of 10 percent or more in the next 12 months, due primarily to a wider range of LED-based general lighting applications. This is according to Global Sources'(NASDAQ: GSOL) China Sourcing Report: LED Light Fixtures (http://www.ChinaSourcingReports.com/ledlightfixtures) .

 

http://www.corporate.globalsources.com/INFO/PRESS/2008/MAY05.HTM

 

 

 

About Global Sources

Global Sources is a leading business-to-business media company and a primary facilitator of 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 business segments facilitate trade from the world to Greater China, and trade within 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 700,000 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 2.6 million products and more than 195,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 9 specialized trade shows which run 27 times a year across eight cities.

 

Suppliers receive more than 32 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.

 

Global Sources has been facilitating global trade for 37 years. Global Sources' network covers more than 69 cities worldwide. In mainland China, Global Sources has over 2,100 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.





    

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