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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: July 7, 2008 Subject: Global Sources Investor Update June News
Your June news summary about Global Sources (NASDAQ-GS: GSOL) is enclosed, and includes top investor news, trade shows & events, and industry news.
For full details, please click on the links. To read all reports, click http://www.corporate.globalsources.com/INFO/INFO_IDX.HTM.
Top Investor & Corporate News
Trade Shows & Events
Industry News
Top Investor & Corporate News
New Export Opportunities Unfold for Vietnamese Manufacturers as Global Sources Expands Representation in Market
Media Briefing to Demonstrate How Vietnam Suppliers Can Market and Sell to 700,000 Volume Buyers Worldwide
Ho Chi Minh City, Vietnam, June 25, 2008 New export opportunities are now available for Vietnamese manufacturers as Global Sources (NASDAQ: GSOL) extends its product and service offerings to the Vietnam market.
Global Sources Doubles Donations for Sichuan Earthquake Victims to RMB 2,000,000
HONG KONG, June 12 - Global Sources (NASDAQ: GSOL) and its team members have donated RMB 2,000,000 to various charities involved in helping victims of the Sichuan earthquake - double the amount previously planned. Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "I would like to thank Global Sources team members for opening their hearts to the people of Sichuan province. "Their donations of RMB 1,000,000 far exceeded the goal we had originally set for team members. Because of their amazing generosity, the company has decided to match the full amount donated for a total of RMB 2,000,000." Global Sources previously donated RMB 500,000 to various charities in China . The newly-donated RMB 1,500,000 has now been distributed as follows:
Tradeshows & Events
Top-tier China Suppliers Benefiting from Economic Slowdown
Worlds Biggest Buyers Placing Larger Orders with Quality Suppliers, Turn to Global Sources Private Sourcing Events for Assistance
Hong Kong, June 20, 2008 The economic slowdown in the West is not necessarily bad news for China suppliers, as some discovered when attending the June 17 Private Sourcing Event: Digital Personal Electronics hosted in Shenzhen by Global Sources (NASDAQ: GSOL).
India's Construction Boom Creates Vast Opportunities for Greater China Suppliers of Hardware & Building Materials
China Sourcing Fair: Hardware & Building Materials to be held in Mumbai , India November 14-16, 2008
HONG KONG, June18, 2008 The first China Sourcing Fair: Hardware & Building Materials to take place Nov. 14-16, 2008 in Mumbai, at the Bombay Exhibition Centre, plans to harness the great opportunities available in India as it experiences a construction boom.
Industry News
EE Times-India's New Embedded Design India and Power Design India Websites to Meet Engineers' Demand for Specialized Electronics Design Solutions
Special Technology Content from Global Sources Covers Microcontrollers & Processors, Digital Signal Processing, Embedded Cores, ESL Design, Software Tools, Test & Measurement, Automotive & Industrial, Green Power Technology, Power Conversion & Management, Portable Power, Power Testing and Supplies & Accessories
HONG KONG, June 5, 2008 Global Sources'(NASDAQ: GSOL) EE Times-India has launched two technology-specific Websites, Embedded Design India (http://www.EmbeddedDesignIndia.com) and Power Design India (http://www.PowerDesignIndia.com).
Both sites launch with over 1,000 articles each, including design tutorials, white papers, application notes, new product news, discussion forums and webinars.
More Greater China Price Hikes: 93 Percent of Promotional Wearable Product Manufacturers to Increase Quotes - China Sourcing Report
Global Sources Report Covers Export Products Including Hats, Caps, T-shirts, Jackets, Windbreakers, Vests, Slippers, Aprons and Gloves
HONG KONG, June 30, 2008 Due largely to higher labor and raw material costs, 93 percent of Greater China promotional wearable manufacturers plan to raise export prices in 2008. This is according to Global Sources' (NASDAQ: GSOL) China Sourcing Report: Promotional Wearables (http://www.ChinaSourcingReports.com/promotionalwearables).
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.
Global Sources 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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