Press Release

Lincoln Electric System Expands Contract with Itron to Complete Meter Replacement Project

Itron technology helps Nebraska utility increase operational efficiency and improve service

LIBERTY LAKE, Wash.—April 7, 2015—Itron, Inc. (NASDAQ: ITRI) announced today that Lincoln Electric System (LES), a publicly owned, municipal electric utility serving approximately 135,000 customers in and around the city of Lincoln, Neb., has expanded its contract with Itron to continue installation of automated meter reading (AMR) technology across the remainder of its service territory.

"Itron's technology is an important component of our Mobile Meter Reading Project and is enabling LES to streamline its meter reading process, achieve system efficiencies and address business priorities," said Lisa Hale, LES vice president of customer services. "LES will use Itron's solution with mobile collectors to improve day-to-day meter reading operations and reduce vehicle trips to the field."

As part of the contract, Itron distributor, the Dutton-Lainson Company, located in Hastings, Neb., will provide LES with more than 100,000 Itron electricity meters over the next 12 to 18 months.

"Itron and the Dutton-Lainson Company are glad to extend Itron's metering solution to the rest of LES' territory," said Lou Gust, Itron vice president of sales and marketing for electricity in North America. "Our solution will help LES better serve its customers while improving its operations. Our long-standing relationship and work with LES demonstrates how we are helping utilities better manage their resources for a more resourceful world."

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:

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