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CONTAX-Branded Camera Business
(This document was translated from the Japanese press release.)
April 12, 2005
Kyocera Corporation (President: Yasuo Nishiguchi, hereafter called "Kyocera") has decided to terminate CONTAX-branded camera business.
Although Carl Zeiss and Kyocera have entered into a long term co-operation regarding the development, production and sale of CONTAX-branded cameras, Kyocera has decided to terminate such business due to difficulties in catching up with the recent rapid market changes.
Consequently, Kyocera will terminate the shipment of CONTAX-branded cameras, and the exclusive lenses and accessories in September, 2005, except for the CONTAX 645 camera system, the shipment of which to some markets will come to an end in December, 2005.
Kyocera will continue to provide after-sales services to its customers for their CONTAX-branded cameras, and the exclusive lenses and accessories over the maximum period of ten years within the specified time of each model.