Management Changes at Global Sources

June 5, 2011

NASDAQ-listed Global Sources announced several key changes to take place at senior management level. Chief information officer Bill Georgiou will retire from his post at the end of January 2012 and is expected to take on a consultant role for the company. Georgiou will be replaced by current chief operating officer Peter Zapf, and the company’s general manager of content & community development, Brent Barnes, will take over the role of COO effective Feb. 1.

Merle Hinrichs, chairman and CEO of Global Sources, said, “During Peter’s 10-year tenure with Global Sources, he has provided outstanding leadership as Vice President of eCommerce and Community Development and later as COO. As General Manager of Content & Community Development, Brent manages the largest operational team in the Company and I anticipate his skill and natural gifts to continue to make an excellent contribution to the new position. I wish to sincerely thank Bill for his significant contribution to the Company in building and maintaining our Information Services Department, for his ongoing support and counsel and for facilitating Peter’s smooth transition.”

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