August 19th is shaping up to be a big launch day for Sprint. We had previously learned that the carrier was expected to launch the Motorola PHOTON Q 4G on that day, and well, it looks like another (lower-end) device will also be joining the available device lineup. The device is the Kyocera Rise, which will be priced at just $19.99 on a two-year agreement. Though, a note on that price, the $19.99 price point comes AFTER a $50 mail-in rebate which means you will have to shell out $$69.99 on the day of purchase. That being said, as one would have likely assumed by the low price point — the Kyocera Rise is not the highest spec’d handset. The Rise is a 3G smartphone and has a 3.5-inch HVGA touchscreen, 1GHz Snapdragon processor, 512MB of RAM, 1500 mAh battery and 3.2 megapixel rear-facing camera. Other perks worth mentioning include a full slide-out hardware QWERTY and Sprint Direct Connect compatibility. Oh and, while the specs are not necessarily high-end, there is one plus (aside from the price) — the Kyocera Rise will be arriving with Android 4.0 Ice Cream Sandwich.