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Press Release

Texas-New Mexico Power Turns to Itron to Run AMI Solution

Itron to Deliver Outcomes to TNMP for Data Collection, Meter Data Management and Analytics

LIBERTY LAKE, Wash. — April 11, 2017 — Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, is migrating Texas-New Mexico Power (TNMP) to Itron Total Outcomes to manage, operate and maintain what is currently one of the largest cellular advanced metering infrastructure (AMI) networks in the country. TNMP is migrating its entire system, including meter data management and data collection, as well as analytics to be managed by Itron. This will allow TNMP to keep its resources focused on core business operations.

TNMP is an electricity transmission and distribution service provider to about 245,000 homes and businesses spread across 13,000-square miles of diverse and non-contiguous service territory in Texas. In order to achieve a services-based strategy for its AMI solution, TNMP will take advantage of Itron’s team of experts to manage the system and mitigate any issues, ensuring successful AMI operations. Itron will handle data collection, data storage, network operations and upgrades, endpoint monitoring and meter reading exports for billing. In addition, Itron will deliver analytic reports that identify likely cases of energy diversion.

“It's advantageous to have a partner that has the expertise to operate and maintain these systems on our behalf so we can do what we do best by focusing on our core operations,” said Bobby Roberts, AMI program manager at TNMP. “Managed services helps us create additional value for our company and our customers."

“AMI solutions can be complex, but running them doesn’t have to be. That’s why we offer managed services with Itron Total Outcomes. We look forward to helping TNMP realize the benefits of managed services so they can focus on efficiently improving performance,” said Bruce Douglas, senior vice president and general manager of software and services at Itron. “With Itron Total Outcomes, TNMP gets more than just a dedicated, insightful team—they get a strategic partner and consultant who is helping them deliver the outcomes their business demands.”

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

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(509) 891-3802