Press Release

Itron's Industry Leading Residential Smart Metering Solution Certified in Brazil

Proven smart meter allows consumers to manage energy consumption and contribute back to the grid

LIBERTY LAKE, Wash.—Aug. 29, 2013—Itron, Inc. (NASDAQ: ITRI) announced today that its industry-leading residential smart metering solution is now certified for the Brazilian market. The OpenWay® CENTRON® residential smart meter received Inmetro certification in July 2013. This flexible and proven meter addresses the Brazilian market's wide variety of needs, including smart payment, distribution generated and "white tariff" or dynamic pricing capabilities.

With multi-application functionality, the Itron smart meter will bring more transparency to the national electric system and help both consumers and utilities better manage resources. The meter addresses the upcoming market requirement for accurate time-of-use pricing while also enabling customers to prepay for electricity and integrate renewable energy sources onto the grid.

"As white tariff time-of-use pricing is implemented in 2014, Itron's residential smart meter is the leading solution to help consumers manage their electricity use and take control of their bill," said Gadner Vieira, Itron's general manager for electricity in Latin America. "Itron has 12 million OpenWay CENTRON meters installed in the field. This meter is proven, reliable and accurate, and will bring significant benefits to the Brazilian market."

The meter will be demonstrated during Metering Latin America 2013. The conference takes place at Transamérica Expo Center in São Paulo city from August 27 to 29. Itron will also showcase other integrated solutions for the sustainable management of electricity, gas and water consumption. It will also participate as panel moderator for sessions discussing the smart grid.

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions 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:

PR Contact

Alison Mallahan

Senior Manager, Corporate Communications

(509) 891-3802