Kyocera Solar Sells South American Division

July 8, 2002 [] Kyocera Solar has sold Kyocera Solar Argentina S.A., based in Buenos Aires and includes a manufacturing operation in La Rioja, to Fernando J. Salgado, a long-time employee and division manager. Terms of the sale were not disclosed. Salgado has re-named the company “Solartec S.A.,” and has entered into supply/purchase and license agreements with Kyocera Solar, Inc. Under the terms of these agreements, Solartec will continue to market Kyocera solar products and manufacture specialty products for Kyocera Solar, Inc.