Itron Selected to Modernize Water System in Western Netherlands

Evides Waterbedrijf to utilize Itron metering technology to improve accuracy and reliability of water delivery

LIBERTY LAKE, Wash. — Aug. 12, 2014 — Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company, announced today that it has signed a four-year contract to supply water meters to Evides Waterbedrijf, water supplier to 2.5 million customers in the Western Netherlands. The utility will use Itron's AMI-ready volumetric water meters to accurately and reliably manage water delivery to residential customers.

The metering solution will enable Evides to track and use water resources more efficiently. Designed for long-term performance and reliability, the meters will help Evides maximize revenue collection over time. With this contract, Itron will supply up to 100,000 water meters per year for four years.

"Evides has a long history working with Itron for our commercial & industrial metering needs. We chose Itron for residential metering because of our positive experiences with their high-quality, accurate and reliable technologies," said Roy van der Knaap, Metering Manager at Evides. "We look forward to continuing to work with the world-leader in water metering solutions and benefiting from their proven, reliable metering system."

"Utilities around the globe depend on our highly-accurate, robust water meters," said Joop Groeneveld, sales director, Netherlands, UK and Ireland for Itron. "We are pleased to continue helping Evides protect revenue, improve reliability and better manage water resources."

About Itron

Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com.

Itron® is a registered trademark 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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