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Global Sources appoints Peter Zapf to Chief Operating Officer
Zapf brings extensive e-commerce and operational experience to the role
HONG KONG, January 7, 2011 – Global Sources Ltd. (NASDAQ: GSOL) (http://www.globalsources.com) has appointed Peter Zapf, 42, to Chief Operating Officer. Zapf assumed the role effective January 5, 2011, after serving as Deputy COO since January 1, 2010. Craig Pepples, who has been COO since 1999, is shifting to focus on the China Business Group, which is dedicated to solidifying Global Sources as the market leader in China management media.

Mr. Zapf began his career in software project management with the United States Air Force. He then joined Global Sources in Phoenix, Arizona, working on the development, sales, and marketing of the company's early software and e-commerce products. Later, he worked as a research analyst at Bear Stearns in New York, focusing on the B2B market, after which he joined Hong Kong-based AsiaCommerce, a startup incubator, as Chief Executive Officer. He rejoined Global Sources in 2001.

Mr. Zapf holds a BS in Electrical Engineering and Engineering and Public Policy from Carnegie Mellon University, an MS in Computer Science from Troy State University, and an MBA from Thunderbird, the American Graduate School of International Management.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended and Section 21-E of the Securities Exchange Act of 1934, as amended. The company's actual results could differ materially from those set forth in the forward-looking statements as a result of the risks associated with the company's business, changes in general economic conditions, and changes in the assumptions used in making such forward-looking statements.

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