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Press Release

GrDF Selects Itron for Smart Gas Meters in France

Itron to provide up to 3.7 million smart gas meters for world's largest smart gas metering deployment

LIBERTY LAKE, Wash. — Feb. 26, 2014 — Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that Gaz reseau Distribution France (GrDF), the main natural gas utility in France and 100 percent-owned subsidiary of GDF Suez, has selected Itron as a main supplier of Gazpar smart gas meters for its Smart Gas Meter project. The project will create smart metering excellence in France to benefit GrDF customers, improve operational efficiency and create jobs.

With this contract, Itron will supply up to 3.7 million smart gas meters with integrated radios between 2016 and 2022. The meters are an important part of GrDF's Smart Gas Meter project, which will allow 11 million GrDF residential and business customers to benefit from day-to-day consumption information and monthly invoicing of actual consumption instead of estimated reads. Consumers will be able to improve energy management with more frequent access to their usage information. Itron will supply smart gas meters that are reliable and robust, meeting the requirements outlined by GrDF.

"Itron is honored to be a part of such a significant smart metering project in France. As the largest smart gas deployment in the world, this project will be an example of excellence in smart metering and a model for future smart gas metering deployments around the world," said Marcel Regnier, president of Itron's global gas business unit. "Itron has a long history in France and we are proud to provide these industry-leading smart gas meters to the largest natural gas provider in France. We look forward to helping GrDF and its customers better manage gas resources."


About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® and OpenWay® are registered trademarks of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

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Alison Mallahan

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