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Press release from Business Wire

Itron Releases Innovative and Flexible Thermal Energy Meter

<p class='bwalignc'> <i>Long-lasting Itron CF-UltraMaxx V meter offers superior accuracy and reliability in a compact size</i> </p>

Thursday, January 17, 2013

Itron Releases Innovative and Flexible Thermal Energy Meter08:45 EST Thursday, January 17, 2013 LIBERTY LAKE, Wash. (Business Wire) -- Itron, Inc. (NASDAQ:ITRI) announced today the release of a new thermal energy meter. The embedded ultrasonic technology will help utilities around the world more accurately and reliably measure energy in heating and cooling systems as well as provide data about usage patterns. The ItronCF-UltraMaxx V meter is a compact meter with advanced smart metering features for data analysis. It features a broad dynamic range to measure very high and low energy flow for residential areas. This new meter is available in capsule or in inline versions. The capsule version is modular and can be exchanged without removing the meter housing from the pipes. Both versions are quick and easy to install. Itron's latest thermal energy meter provides detailed information about the operation of heating and cooling systems over time, including flow rate, volume, consumption and tariffs. It is designed with flexible communications options and can be tailored to customers' specifications as well as the geography of the area where the meter is installed. In addition, the meter offers two major innovations: a unique removable calculator that can be fixed on the meter in any position, offering a high level of readability; and a patented sensor sealing which makes the installation of sensors safer for engineers by automatically locking the seal so the meter is protected against fraud. “The latest innovation, operating range and flexibility of Itron's compact thermal energy meter is an exciting new offering for our customers,” said Gavin Van Tonder, vice president of water marketing for Itron. “With the advancements in this product, Itron is providing one of the most flexible thermal energy meters available. The accuracy, reliability and long life-expectancy of this meter makes it the clear choice among thermal energy meters currently on the market.” About Itron Itron is a global technology company. We build solutions that help utilities measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement and control technology; communications systems; software; and professional services. With thousands of employees supporting nearly 8,000 utilities in more than 100 countries, Itron empowers utilities to responsibly and efficiently manage energy and water resources. Join us in creating a more resourceful world; start here: www.itron.com. Itron, Inc.Media ContactSharelynn Moore, 509-891-3524Vice President, Corporate Communicationssharelynn.moore@itron.com