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China Sourcing Fair: Electronics &Components Poised to Open New Trading Opportunities for Buyers and Suppliers in Shanghai
9/25/03





HONG KONG, Sep 25, 2003 /PRNewswire-FirstCall via COMTEX/ --
Global Sources Ltd. (Nasdaq: GSOL) will host the China Sourcing Fair: Electronics &Components at the Shanghai Exhibition Center in Shanghai from October 9-11. The Fair offers buyers direct access to a qualified community of export-quality manufacturers of consumer electronics, electronic components, and computers and telecom products. Some 93 percent of these firms will not be exhibiting at the Hong Kong shows. Hundreds of exhibitors from the Greater China region will showcase their latest products for the first time all under one roof. Adding to the profile of the event are key endorsements from the WorldWide Retail Exchange (WWRE) and the Electronics Supply Chain Association (ESCA).

Merle Hinrichs, chairman and chief executive officer of Global Sources said, 'According to China's Ministry of Commerce, China's exports were valued at US$37.4 billion in August, an increase of 27.2 percent from last year. The strong growth in China's exports underscores the significant business opportunities for both buyers and suppliers. Global Sources is hosting the China Sourcing Fair in response to buyers'need to source direct from China for the right products, with the right quality, and certainly with the right prices.'

Hinrichs continued, 'Global Sources has been in China for more than 22 years, helping suppliers reach global buyers through a total media solution of trade publications, CD-ROMs, online and now, face-to-face with the China Sourcing Fair.'

The WWRE, the premier business-to-business exchange for retailers and suppliers, has recommended the Fair to its global membership. The consortium represents 64 industry leaders from around the world with combined revenue of over US$900 billion. Additionally, the WWRE will host a member conference at the Fair and join in an exclusive buyer-meet-supplier cocktail hosted by Global Sources. The ESCA has also endorsed the Fair to its members and participating companies. These include some of the largest original equipment manufacturers (OEMs) and distributors in the electronics industry.

Hundreds of major manufacturers will be exhibiting at the Fair. These include companies from mainland China such as Konka Group Co. Ltd., from Hong Kong such as Himage Holdings Ltd; and from Taiwan such as Walter Electronic Co., Ltd. Mr. Ken Yeung, director of one of the major show exhibitors from Hong Kong, Sharpwell Technology Ltd. said, 'We have already received valuable buyer inquiries in response to our upcoming presence at the China Sourcing Fair. Global Sources has greatly helped us market our booth and get a good head start before the show has even opened. We are excited about meeting the new buyers who have registered to come.'

Buyers from a host of well-known companies from outside Asia have registered to attend the fair. These include Microsoft, Ericsson, General Electric, Philips, Kingfisher plc and Coles Myer. Other big-name companies attending from Asia include Nokia, LG Electronics, Matsushita Electric, Toshiba Corporation, Siemens Procurement &Logistics Services, and Hyundai-JPC Inc.

Bill Janeri, vice president of Global Sources Exhibitions said, 'In addition to the Fair, we have lined up an exciting buyer conference program. The focus of the program is to help buyers source more effectively and efficiently from China and to guide them through the best practices. They can then take the right steps to forge lasting, successful and profitable sourcing partnerships.'Keynote speakers include Gloria Kamph, president and chief executive officer of Interliance, LLC and executive member of the ESCA; Ben G.J. Beune, senior vice president, Philips Electronics Hong Kong Ltd.; and Global Sources'Bruce Humes, project manager, China Market Intelligence Reports.

More information on the China Sourcing Fair: Electronics &Components including the complete exhibitor list is available at Global Sources Trade Show Center on the China Sourcing Fair: Electronics &Components site ( http://www.chinasourcingfair.com ).

About Global Sources

Global Sources creates and facilitates global trade between buyers and suppliers, by providing the right information, at the right time, in the right format. Our integrated sourcing and marketing solutions enable importers to buy, and exporters to sell, more effectively and profitably.

We aggregate and format industry-specific supplier and product information, then deliver this content to our buyer community worldwide through our leading network of 12 vertical marketplaces and 13 geographic portals, and through magazines, CD-ROMs, private catalogs, as well as China Sourcing Fairs and technical events. Our flagship marketplace, Global Sources Online ( http://www.globalsources.com ), hosts more marketing and sourcing activity than any other global merchandise trade marketplace.

We serve a growing, independently certified community of over 392,000 active buyers in over 230 countries and territories. These buyers generate more than 3.5 million inquiries annually for nearly 140,000 suppliers through Global Sources Online alone. We offer extensive supplier enablement capabilities in Greater China and other leading supply markets through 63 content management offices and 700 sales representatives, who make approximately 40,000 supplier visits monthly.

Global Sources'solutions are based on 32 years as a trade magazine publisher serving the global trade community, 12 years as a trade management software developer, 11 years in the management of trade shows in Asia, and 7 years as an online marketplace operator.

SOURCE Global Sources Ltd.

In U.S., James W.W. Strachan, [phone], or fax,[phone], [e-mail], in Asia, Camellia So,[phone], or fax, [phone], [e-mail], both of GlobalSources Ltd.; investors, John G. Nesbett or David K. Waldman,[e-mail] of Lippert/Heilshorn &Associates, Inc., [phone], orfax, [phone], for Global Sources
http://www.chinasourcingfair.com

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