Aguas de Valencia Selects Itron's Fixed Network Solution to Modernize Water Metering Infrastructure

LIBERTY LAKE, Wash.—April 9, 2013—Itron, Inc. (NASDAQ: ITRI) announced today that Aguas de Valencia, a private water utility serving more than 3.5 million residents mainly in Valencia, Catalonia, Aragón and Northern Spain, will begin full deployment of Itron's water AMI solution, including 100,000 water meters, 100,000 communication modules, fixed network infrastructure and software, which will be installed over the next five years. The utility has successfully completed a 5,000-endpoint pilot of Itron's advanced metering infrastructure (AMI) solution which led to their decision to move forward with Itron for a full deployment.

Itron's AMI solution has helped Aguas de Valencia modernize its metering infrastructure and create higher levels of service. With the ability to collect and utilize detailed water data, the utility can better analyze its operations and monitor distribution system integrity to become more efficient and deliver more value to its customers. Itron's AMI solution opens the way for a wide range of applications such as water conservation, customer relationship management and distribution asset optimization.

"Testing Itron's AMI solution has given Aguas de Valencia the opportunity to validate the system's performance," said Juan José Pérez Palomar, chief operating officer, Aguas de Valencia. "We sought an easy-to-manage, highly efficient solution with a low level of maintenance, and we got that with Itron's AMI solution. We look forward to realizing benefits more broadly as we expand our deployment."

"Itron's AMI solution empowers utilities to oversee and manage the delivery and usage of water more effectively and efficiently than ever before," said Pascal Michaudel, Southern & Western Europe sales director for water at Itron. "Aguas de Valencia has already begun to realize these benefits and will soon gain greater value with their expanded deployment."