Custom Private Sourcing Event helps NEC speed negotiations and orders with quality Greater China suppliers

HONG KONG, Sept. 25 /Xinhua-PRNewswire-FirstCall/ -- NEC, one of the world's top electronics and semiconductor manufacturers, sent three sourcing teams to meet 13 pre-screened Global Sources (Nasdaq: GSOL) suppliers at a Custom Private Sourcing Event ( http://www.PrivateSourcingEvents.com ) in Shenzhen on Sept. 22.

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Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "Due to the intense pre-screening Global Sources and buyers put suppliers through before participating in these exclusive events, top brands like NEC can feel confident about sourcing from the suppliers they meet. This enables both parties to save time when they are face-to-face to get right down to product discussions and negotiation."

Product categories that NEC buyers were sourcing at the Event were communication equipment, electronic and mechanical components.

NEC Deputy Department Manager, K.W. Wong, said: "NEC produces high quality products for our customers. For this purpose, we need to ensure each component meets our quality requirements and that starts with choosing reliable suppliers.

"Private Sourcing Events help us find suppliers who can meet our high standards so we can produce electronics that meet our customers' high standards. Global Sources has done an outstanding job in putting this together to meet our exact requirements. It was an incredibly productive event."

Hinrichs said: "Private Sourcing Events have gained a reputation for attracting quality suppliers, so more top buyers are requesting to participate. In fact, big industry players like Samsung, NEC and Lowe's have participated in Custom Private Sourcing Events which enable them to send multiple buying teams to meet with Global Sources suppliers."

World's top buyers scheduled to attend upcoming Private Sourcing Events

Eighty Private Sourcing Events are scheduled for 2008, with dozens of buyers including Casino, Chubb, Office Depot and Sears confirmed to participate. All Private Sourcing Events are complimentary for buyers and only Global Sources suppliers are eligible 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.

Specialized Global Sources websites, face-to-face events and trade magazines

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

For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visit http://corporate.globalsources.com .

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 725,000 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 4.3 million products and more than 196,000 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 36 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 2,800 team members in more than 44 locations, and a community of over 1 million registered online users and magazine readers for Chinese-language media.

    Global Sources Press Contact in Asia:
     Camellia So
     Tel:   +852-2555-5021
     Email: cso@globalsources.com

    Global Sources Press Contact in U.S.:
     James W.W. Strachan
     Tel:   +1-480-664-8309
     Email: strachan@globalsources.com

    Global Sources Investor Contact in Asia:
     Investor Relations Department
     Tel:   +852-2555-4777
     Email: investor@globalsources.com

    Global Sources Investor Contact in U.S.:
     Kirsten Chapman
     Lippert/Heilshorn & Associates, Inc.
     Tel:   +1-415-433-3777
     Email: investor@globalsources.com

SOURCE Global Sources