Itron's Industry Leading Residential Smart Metering Solution Certified in Brazil

Proven smart meter allows consumers to manage energy consumption and contribute back to the grid

LIBERTY LAKE, Wash.—Aug. 29, 2013—Itron, Inc. (NASDAQ: ITRI) announced today that its industry-leading residential smart metering solution is now certified for the Brazilian market. The OpenWay® CENTRON® residential smart meter received Inmetro certification in July 2013. This flexible and proven meter addresses the Brazilian market's wide variety of needs, including smart payment, distribution generated and "white tariff" or dynamic pricing capabilities.

With multi-application functionality, the Itron smart meter will bring more transparency to the national electric system and help both consumers and utilities better manage resources. The meter addresses the upcoming market requirement for accurate time-of-use pricing while also enabling customers to prepay for electricity and integrate renewable energy sources onto the grid.

"As white tariff time-of-use pricing is implemented in 2014, Itron's residential smart meter is the leading solution to help consumers manage their electricity use and take control of their bill," said Gadner Vieira, Itron's general manager for electricity in Latin America. "Itron has 12 million OpenWay CENTRON meters installed in the field. This meter is proven, reliable and accurate, and will bring significant benefits to the Brazilian market."

The meter will be demonstrated during Metering Latin America 2013. The conference takes place at Transamérica Expo Center in São Paulo city from August 27 to 29. Itron will also showcase other integrated solutions for the sustainable management of electricity, gas and water consumption. It will also participate as panel moderator for sessions discussing the smart grid.

About Itron

Itron is a proven global leader in energy, water, smart city, IIoT and intelligent infrastructure services. For utilities, cities and society, we build innovative systems, create new efficiencies, connect communities, encourage conservation and increase resourcefulness. By safeguarding our invaluable natural resources today and tomorrow, we improve the quality of life for people around the world. Join us: www.itron.com.

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.

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