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Press Release

Itron and Landis+Gyr Announce Product Integration Projects

Effort Highlights Multi-Vendor Approach to Delivering Flexible Smart Grid Solutions

LIBERTY LAKE, Wash and ATLANTA, GA.—June 14, 2011—Itron Inc. (NASDAQ: ITRI) and Landis+Gyr announced today they intend to integrate each company's smart grid communication technology into the other company's advanced meter. By integrating Landis+Gyr communications technology into the Itron CENTRON® II meter and Itron communications into the Landis+Gyr FOCUS AX-SD meter, this greatly expands the choices utilities have in deploying sophisticated metering systems.

"These projects represent an important extension of our development effort to build the products our utility customers are seeking," said Jeff Carkhuff, vice president of Product Management at Landis+Gyr. "The projects also support the companies' commitment to giving utilities technology options with the best performance and cost effectiveness for each application."

The two companies are developing integrated communications, providing compatibility with Landis+Gyr Gridstream™ and Itron OpenWay® systems. One project involves Landis+Gyr building a Gridstream RF communications module for Itron's CENTRON II meter, which provides the same robust meter functionality available on the Itron OpenWay platform. Landis+Gyr and Itron expect to announce general product availability before the end of this year.

The other project involves Itron integrating its OpenWay communications module into the Landis+Gyr FOCUS AX-SD meter, delivering on the promise of an open and interoperable solution, while also providing utilities with a second meter source for the OpenWay architecture. The OpenWay-enabled FOCUS meter is scheduled for commercial release in the third quarter of this year.

"Our customers have asked for multi-vendor systems. Working on these projects with Landis+Gyr demonstrates our dedication to offering best-of-breed solutions," said Russ Vanos, vice president and general manager sales and marketing, Itron North America. "By enabling system interoperability, we can help utilities of all sizes reduce both implementation and ongoing communications costs, as well as improve efficiencies and accelerate return on investment."


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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