Itron Meter Reading Solution Coming to New Mexico Gas Company Customers

LIBERTY LAKE, Wash. — July 28, 2010 — Itron Inc. (NASDAQ: ITRI) announced today a contract with New Mexico Gas Company to install approximately 345,000 natural gas modules with advanced automated meter reading technology. Itron will deliver its mobile collection system to streamline the data collection process. This state-of-the-art technology will enable New Mexico Gas Company meters to be read remotely and provides accurate and reliable meter readings, eliminating errors than can occur with manual readings. The installations are expected to be completed by March 2011.

New Mexico Gas Company selected Itron, Inc., the world leader in automated meter reading technology, with more than 30 years experience in more than 30 million installations. Itron's ChoiceConnect™ offers the most advanced meter reading technology and gives utilities a system with the means and flexibility to meet the future needs of its customers. Itron's 100G Datalogging Gas ERT® modules have been proven to collect accurate and reliable meter data to ensure the most accurate customer bills.

By upgrading its natural gas meters to Itron's automated meter reading technology, New Mexico Gas Company customers will no longer be inconvenienced by meter readers coming onto their property every month to read their gas meters, and they will no longer need to make arrangements for access to gas meters for meter reading. This technology will virtually eliminate missed meter reads because of bad weather or difficulty accessing meters, which means dramatically fewer estimated bills.

"New Mexico Gas Company's trust in Itron technology reaffirms the benefits of using Itron's advanced metering solutions," said Carl Porter, marketing director of gas solutions for Itron. "Most importantly, it shows how today's utility companies are investing in the future to provide the greatest service and convenience to their customers."