Germany's Largest Municipal Water Utility Selects Itron to Modernize Water System

LIBERTY LAKE, Wash. — June12, 2014 — Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company, announced today that Hamburg Wasser, water provider to nearly 2 million people in Germany's second largest city, has selected Itron to help modernize its water metering system. Over the next three years, Hamburg Wasser will install 120,000 Itron AMR-ready water meters, enabling reliable and long-term metering performance so the utility can better manage and conserve water resources.

The largest municipal water utility in Germany, Hamburg Wasser will use the highly-accurate water meters to improve customer billing, recover revenue and account for water usage to conserve resources. The world-class piston type volumetric water meters are designed for the best in metering and billing for residential applications.

"Itron has extensive knowledge and experience in the utility industry, helping water utilities better manage resources. We look forward to sharing this expertise with Hamburg Wasser as they upgrade their metering system," said Marco Sievers, Itron Senior Sales Manager Utility, Water and Heat in Germany. "At Itron, we believe the way we manage energy and water will define this century, which is why we are dedicated to helping utilities use resources more wisely to create a more resourceful world."