Itron's Water Technology Selected by Sydney Water, Australia's Largest Water Utility

LIBERTY LAKE, Wash.—June 29, 2012—Itron, Inc. (NASDAQ: ITRI) announced today that on July 1, 2012, Sydney Water, Australia's largest water utility, will begin the 3-year-long installation of Itron's high-efficiency meters to replace old meters that serve its residential and commercial customers in Sydney.

Sydney Water serves more than 4.6 million people, supplying about 500 billion liters of water a year to homes and businesses. The new high-efficiency Itron meters will help Sydney Water continue to meet rigorous national water standards.

"We are thrilled to partner with Sydney Water for the installation of Itron's water meters," said Sheena Trumble, Itron general manager, Australia. "As the leading global provider of water resource management solutions, we are positioned to help Sydney Water manage supply, optimize usage and conserve resources. The introduction of our product will enable Sydney Water to take advantage of our innovative, automated and advanced metering solutions in the future."

Itron is dedicated to solving water providers' supply and distribution challenges in Australia. Our work with the Town of Port Douglas, the City of Kalgoorlie, City West Water, South East Water, Yarra Valley Water and Barwon Water are key examples of Itron's ability to deliver proven technology that meets the unique needs of the country.