Article: BRIEFING - ASIA JOINT VENTURES - AUG 1, 2001.

An executive briefing on joint ventures for Aug 1, 2001, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

JAPAN'S OMRON, STANLEY ELEC TO MAKE BRIGHT, ENERGY-EFFICIENT LEDS

OSAKA - Omron Corp. (TSE:6645) and Stanley Electric Co. (TSE:6923) announced Tuesday that they will jointly develop bright, energy-efficient LEDs (light-emitting diodes).

The partners plan to market the LEDs for use in auto lighting or traffic lights.

JAPAN'S KANEBO LAUNCHES COSMETICS VENTURE WITH S KOREA'S KUMBI

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