Press Release

Itron to Deliver Edge Intelligence to Leading Brazilian Utility

AES Eletropaulo to pilot OpenWay® Riva™ for improved operations and reduced technical losses for smart grid project in the City of Barueri, São Paulo

LIBERTY LAKE, Wash. — Nov. 26, 2014 — Itron, Inc. (NASDAQ: ITRI) announced today that it signed a contract with AES Eletropaulo, a major Brazilian utility with a base of 6.8 million customers in the state of São Paulo, for its OpenWay Riva solution. The utility is considered a pioneer in developing an innovative communication technology as a part of its Smart Grid R&D Project, launched in January 2013 in the city of Barueri, which aims to implement a redundant communication board that can embed two communication technologies — radio frequency and PLC (Power Line Carrier) — in the same device, applying adaptive communications and edge computing power.

The smart communication in the meters will provide significant potential for embedded computing and support for multiple measurement communication protocols as well as other smart devices, providing better decision-making processes for the utility.The solution's OpenWay Riva-enabled meters offer a new platform for various smart grid applications, leading intelligence to the edge of the network,including detection and analysis of power outages,transformer load management and revenue protection.

Through the smart grid project, "P&D AES Eletropaulo — Smart Grid," Itron and AES Eletropaulo will provide adaptive communication technology, deploying a single network solution that incorporates radio frequency and power line carrier in the same device. The solution dynamically selects the optimal communications path based on network operating conditions, data attributes and application requirements. AES Eletropaulo will also benefit from traditional smart metering capabilities, including remote metering, remote disconnect, diversion detection and other operational efficiencies.

The complete solution will be comprised of Itron's OpenWay Riva-enabled meters, third party electricity meters and associated software applications that will help utilities meet goals of improving service quality, decreasing operating costs and reducing technical and non-technical losses of low voltage customers of Barueri city.

"Itron is pleased to announce the first contract in Latin America for our game-changing OpenWay Riva solution. This project demonstrates the adaptability of Itron Riva to enable edge intelligence in third-party devices," said Emerson Souza, managing director of Itron Latin America, Electricity. "With revolutionary sensing and communications technology, OpenWay Riva will help visionary utilities like AES Eletropaulo improve operations and better manage energy resources."

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:

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.


Alison Mallahan

Senior Manager, Corporate Communications

(509) 891-3802


David Means

Director, Investor Relations

(737) 242-8448