Global Sources
Launches New Service Enabling Suppliers
to Pre-Qualify Buyers
Based on Product Import Data
HONG KONG, Oct.31, 2007
– To help exporters reduce risk when dealing with overseas buyers,
Global Sources (NASDAQ: GSOL) is offering its advertisers import activity
reports on specific buyers.
Provided
by PIERS® Global Intelligence Solutions, one of the
world’s most-trusted providers of shipping data, the PIERS Trade
Profiles® reports provide comprehensive buyer import records,
including product types, estimated cargo values and ports of entry. Reports
also include company background and contact data from Dun & Bradstreet,
one of the world’s leading business
information sources.
Global
Sources’ advertisers may subscribe to access the reports through the
company’s online B2B marketplace, Global Sources Online (http://www.globalsources.com).
Global
Sources’ Chairman and CEO, Merle A. Hinrichs,
said: “This new service is an extension of our robust offering of
pre-screening and qualifying tools that help reduce the risks and
uncertainties inherent in global trade.
“In
today’s online world, suppliers get more inquiries than ever before,
often from buyers they are not familiar with. So
before investing a substantial amount of time and effort to fulfill
buyers’ requests, our new service is designed to help suppliers
pre-qualify buyers who’ve contacted them.
“This
is designed to help suppliers find better buyers to work with. Likewise,
the PIERS reports aim to help buyers demonstrate their credentials to new
companies, allowing them to work with even better suppliers.”
PIERS’Director of Asia / Pacific
Region, Richard E. Hanft, said:
“We’re proud to partner with Global Sources to provide their
community members with our comprehensive, carefully audited import data.
“From
China, or anywhere in
the world, suppliers can instantly check the background of more than
300,000 qualified buyers through our online reports, which cover 48 ports
of entry in the United
States.
“Our
Trade Profiles platform is an indispensable tool for suppliers who want to
know more about the buyers they are considering selling to.”
Specialized
Global Sources Websites, Trade Magazines and Trade Shows
PIERS
Trade Profiles are an extension of Global Sources Online 2.0, which
offers some of the industry’s most comprehensive screening tools and
search results.
It is
another part of Global Sources’ export marketing and product
information services which include the China
Sourcing Fairs (http://www.chinasourcingfair.com),
Global Sources trade magazines and Global Sources Direct (http://www.globalsourcesdirect.com).
Further
information about Global Sources is available at http://www.corporate.globalsources.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
PIERS
PIERS is a
world leader in providing current, accurate and comprehensive data on
international trade. PIERS trade intelligence offers added
value and adheres to a high standard of quality control. To learn
more about what makes PIERS Trade Data unique, follow these links:http://www.piers.com/about/tradedatavalueadded/
and http://www.piers.com/about/tradedataqualitycontrol/.
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