Itron and EnergyHub Partnership Allows Utilities to Provide Consumers with Real-Time Data, Total Control Over Energy Usage

DENVER — Autovation 2009 — September 15, 2009 - Itron Inc. (NASDAQ: ITRI) announced today its partnership with EnergyHub, a leading home energy solutions provider, for integration of Itron's industry-leading ERT reading technology with EnergyHub's in-home energy management devices. Combining the technologies will allow electric, gas and water utilities to engage their customers as stewards in solving the peak-demand problem.

Itron is the first advanced metering vendor to incorporate EnergyHub's in-home, touchscreen Dashboard and Temperature Control Unit with ERT reading technology. Under terms of the agreement, Itron will also license its ERT reading technology to EnergyHub. This enables the dashboard to act as a two-way messaging platform through which consumption data provided by Itron's ERT reading technology can be communicated to customers, and through which customers can respond. It will also help customers understand next-generation tiered, time-of-use and critical peak rate structures.

"EnergyHub's expertise in human factors, combined with their understanding of the issues facing today's utilities, has led to the development of a world-class Smart Grid product line," said Philip Mezey, Itron North America senior vice president and chief operating officer. "Our partnership with EnergyHub creates a powerful migration path for our customers to extend the value of their deployments toward true smart grid solutions."

The dashboard combines, in a single interface, the functionality of a home energy display and a programmable communicating thermostat. It can also be augmented with EnergyHub Sockets and Strips so consumers can receive a full and detailed picture of their energy usage, down to individual appliances.

Both companies' technologies support a variety of communication standards including ZigBee, allowing for true interoperability, which is foundational to the burgeoning smart grid.

"Itron's ERT technology is the de facto standard in today's advanced metering market," said David Wechsler, vice president of Business Development for EnergyHub. "We are excited to work hand-in-hand with Itron to help bring sophisticated smart grid applications to visionary adopters of the technology."