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Press Release

Itron Expands Software Center of Excellence in Bangalore

Company set to drive software innovation for global markets with highly-skilled DevOps team in India

LIBERTY LAKE, Wash. — May 11, 2016 — Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company, announced today it plans to expand its software Center of Excellence by doubling its workforce over the next two years. The Bangalore Center of Excellence aims to be one of the world's leading development centers for innovative software and firmware solutions that enable utilities and cities to manage energy and water more resourcefully.

The Center of Excellence in Bangalore was established in 2013 and currently employs 240 people. With access to highly skilled software engineers in Bangalore, the center will focus on software application development to support smart cities and smart grid deployments globally.

“Our Center of Excellence in India contributes greatly to Itron’s technology portfolio and is vital to bringing world-class solutions to the global marketplace. With India’s immense talent pool, we believe we can build a sustainable future with the latest innovations, a commitment to quality and a shared passion for responsible resource management,” said Tom Deitrich, executive vice president and chief operating officer at Itron.

“The Center of Excellence in Bangalore is a display of our successful DevOps model of operations; it has enabled efficient problem resolution with faster delivery of features. Our global know-how and local software capabilities have helped accelerate innovation for smart cities in the age of the Internet of Things,” added Greg Richards, vice president, Global DevOps, at Itron.

Itron has a long history of helping utilities in India better manage energy and water. The company has successfully helped several water utilities in India by modernizing utility infrastructures to more efficiently and effectively manage precious water resources.

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.

PR Contact

Alison Mallahan

Senior Public Relations Manager

(509) 891-3802