Valeo (Paris: FR; OTC: VLEEY) and Ichikoh Industries today announced that on July 26, 2000, the final agreement confirming their Memorandum of Understanding was signed. As previously stated in April 2000, this agreement sets up a global business alliance in lighting systems and equipment. The agreement covers all industrial and commercial collaboration, as well as the design and development of new systems, products and technologies. It allows the two partners to offer innovative solutions to their customers throughout the world.