Itron Receives Prestigious Chairman’s Award from the Alliance to Save Energy

LIBERTY LAKE, Wash. — Sept. 14, 2017 — Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that it received the Chairman’s Award from the Alliance to Save Energy (ASE) for its OpenWay Riva IoT solution for smart cities and smart utilities. Itron will accept the award at the Evening with the Stars of Energy Efficiency Awards Dinner on Sept. 14, 2017 in Washington, D.C. The annual award is given to an individual or organization that has shown exemplary service to the cause of energy efficiency. Past winners include IBM, Elon Musk and Johnson Controls.

“Energy efficiency is a field of innovation and Itron is among six award winners that are at the cutting edge,” said Alliance President Kateri Callahan. “These honorees are each taking a lead in building a more efficient and productive economy, protecting the environment and strengthening our energy security. We are delighted to honor them for doing more with less.”

Advocating for sustainable energy, ASE is a bipartisan alliance of business, government, environmental and consumer leaders. As the leading energy efficiency coalition in the United States, ASE presents annual Stars of Energy Efficiency Awards, which honor the top energy efficiency innovators.

"Energy efficiency is the cheapest and fastest way to address our energy challenges in New Hampshire and around the country,” said Senator Shaheen. “I’m proud to award this year’s Chairman’s Award to Itron for their OpenWay Riva technology, which has helped reduce the demand on the energy grid, leading to improved energy efficiency and water resource management. These technologies are good for our economy and good for our environment, and along with the Alliance to Save Energy, I commend Itron for its innovation and commitment.”

OpenWay Riva, the next generation IoT solution for smart utilities and cities, is a significant leap forward in technology that is a powerful distributed computing platform for accelerating innovation in energy management. Itron and its ecosystem partners are working with utilities and cities globally to take advantage of new sensing and application capabilities to make real-time decisions at the edge of a utility or city network. This means greater efficiency and empowerment for utilities, cities and consumers.

“Itron is honored to receive this recognition by Senator Shaheen and the Alliance for our OpenWay Riva solution, which utilizes distributed intelligence, machine-to-machine learning and advanced network communications to drive the resourceful use of energy and water around the world,” said Mark de Vere White, president of Itron’s Electricity business line.