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Press Release

Itron Appoints Two New Members to Board of Directors

General Motors executive Diana Tremblay and manufacturing industry executive Frank Jaehnert to join board, Graham Wilson retires

LIBERTY LAKE, Wash.—May 11, 2015—Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today the appointment of Diana Tremblay, vice president of Global Business Services at General Motors (GM) Company, and Frank Jaehnert, former president and chief executive officer of Brady Corporation, to its board of directors effective June 1, 2015. In addition, Graham Wilson retired from the board effective May 8, 2015.

Tremblay brings nearly 40 years of manufacturing experience to the position. She has been with GM since 1977, during which time she has held a variety of positions in engineering, manufacturing and labor relations. Most recently, as leader of GM's newly formed Global Business Services, she is charged with streamlining administrative processes to improve service quality, reduce complexity and achieve cost efficiencies of more than 30 percent by 2017.

Jaehnert served as president and chief executive officer of Brady Corporation, the $1.2 billion Milwaukee-based global manufacturer of industrial identification and specialty coated material products, from 2003 to 2013. Jaehnert brings 20 years of experience working at a public company where he played a key role in the company's growth via acquisitions, completing some 30 strategically synergistic acquisitions that expanded Brady's global reach.

"Diana Tremblay and Frank Jaehnert are both ideal candidates for Itron's board of directors, bringing diverse experience and fresh perspectives to the board. We look forward to benefiting from Diana's wealth of knowledge in manufacturing and Frank's depth of experience growing an international company," said Jon Eliassen, chairman of Itron's board of directors.

"In anticipation of a number of upcoming board retirements, we have been engaged in very proactive and thoughtful succession planning as we refresh our board. I would like to acknowledge and thank Graham Wilson for his many years of service on the board and welcome Diana and Frank," added Eliassen.

"As Itron continues to focus on adding business value through software and services, Diana will bring tremendous insights and expertise to our company with her strong manufacturing background and experience with GM's services business. We will greatly benefit from Frank's global experience and expertise in strategic acquisitions as we continue to explore growth opportunities," said Philip Mezey, Itron's president and chief executive officer.


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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