Itron Appoints Former Western Digital Corporation Executive Tim Leyden to Board of Directors

LIBERTY LAKE, Wash.—Feb. 23, 2015—Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today the appointment of Timothy Leyden to its board of directors effective March 1, 2015. Leyden brings more than 30 years of global financial and operational experience in the software and manufacturing industries to this position. Most recently, Leyden served as chief financial officer of Western Digital Corporation (WDC), an industry-leading developer and manufacturer of storage solutions for digital content, until his retirement in September 2014.

"Tim Leyden's experience with global sales, marketing and manufacturing operations in the United States, Europe and the Asia-Pacific region will be an asset to the board and add a depth of international insight. We look forward to benefiting from his expertise," said Jon Eliassen, chairman of Itron's board of directors.

Leyden served in various leadership roles at WDC and its subsidiaries since 1983 in financial, accounting, manufacturing and information technology functions. He left WDC for an interim period between 2000 and 2007, during which time he served as a consultant principal for PRTM, an operational consulting company, followed by chief financial officer positions for multiple divisions of Sage Software USA, a subsidiary of Sage Software PLC and provider of business management software and services.

"As Itron looks to expand our software and services business, Tim Leyden will bring valuable insights to our board with his background in the hardware and software industries. In addition, his experience with mergers and acquisitions as well as acquisition-related integration will benefit Itron as we continue to explore growth opportunities," said Philip Mezey, Itron's president and chief executive officer.

"I am honored to join Itron's board of directors and look forward to the opportunity to help guide Itron's future strategies and further its vision of creating a more resourceful world," said Leyden.