Featuring: publicly traded & venture capital companies on the U.S. (NYSE, NASDAQ, AMEX & OTC: BB) and Canadian (TSX & TSX-V) stock exchanges, Investment & Money Management Ideas.

Press Release - Global Sources (GSOL-NASDAQ)

wpe11.jpg (7184 bytes)

“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 (Interview published October 12, 2007)

The Most Powerful Name In Corporate News and Information.

CURRENT ISSUE  |  COVER ARCHIVES  |   INDEX   |  CONTACT  |  FINANCIALS  |  MARKETING SERVICES   |   HOME PAGE


CEOCFO
-Members Login

Become A Member!


 

Global Sources Expands Private Sourcing Events to the USA,
Coinciding with Las Vegas CES

 

Best Buy, Monster Cable and Staples Are Scheduled to Meet One-on-One with

Personal Electronics Suppliers from Greater China

 

LAS VEGAS, Jan. 7, 2008– Global Sources’ (NASDAQ: GSOL) first USA-based Private Sourcing Event (http://www.PrivateSourcingEvents.com) is scheduled to be held on Jan. 9 at the Las Vegas Hilton and to run concurrently with the Consumer Electronics Show.

 

Best Buy, Monster Cable and Staples representing over US$50 billion in annual sales, are scheduled to discuss sourcing opportunities with 16 Greater China personal electronics suppliers.

 

Global Sources’ Chairman and CEO, Merle A. Hinrichs, said: “Last year, we held over 50 Private Sourcing Events across Greater China, making it easier for buyers to find quality suppliers and products.

 

“This is our first Private Sourcing Event outside of Greater China and represents a whole new level of convenience for professional overseas buyers.

 

“Like our magazine, online and trade show channels, Private Sourcing Events enable buyers to source more confidently from suppliers knowing that they’ve already been pre-screened before they even meet them.

 

“This saves them time and, most importantly, helps find reliable suppliers committed to delivering quality products with every shipment.” 


One buyer, Monster Cable Products CEO, Noel Lee, said: “We have a sourcing office in Hong Kong, but our US-based team has to travel all the way over to Asia to meet directly with potential suppliers based there. Having this event in the US and right along side a trade show we’re already attending makes it incredibly convenient.”

 

One supplier, Sales Manager of Techwin Communications, Anne Chen, said: “We’ve participated in these events in China and we’ve gotten great results – and orders.

 

“Now that these events have expanded overseas, it should enable us to tap new markets and reach buyers who may not visit China regularly to source. This week’s event gives us the chance to meet key decision makers at the highest level at some of the biggest US retail chains. This is a huge opportunity for us.”

 

World's Top Buyers Scheduled to Attend Upcoming Private Sourcing Events

Global Sources has scheduled over 80 Private Sourcing Events for 2008, with dozens of buyers including Best Buy, Bose, Casino, Office Depot and Sears already confirmed to participate. A list of upcoming Private Sourcing Events is available at http://www.PrivateSourcingEvents.com.

 

Suppliers wishing to participate should contact csm@globalsources.com. Buyers may apply by contacting privatesourcingevents@globalsources.com.


 

 

Specialized Global Sources Websites, Trade Magazines and Face-to-Face Events

Private Sourcing Events are part of the company's sourcing and product information services which include Global Sources Online (http://www.globalsources.com), Global Sources magazines, Global Sources Direct (http://www.GlobalSourcesDirect.com) and the China Sourcing Fairs (http://www.chinasourcingfair.com).

 

For more information, visit http://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 647,000 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 million products and more than 160,000 suppliers annually through 14 online marketplaces, 13 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 23 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 2,000 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.





    

ceocfointerviews.com does not purchase or make
recommendation on stocks based on the interviews published.