Romania's Largest Water Utility Selects Itron to Modernize Water Metering System

LIBERTY LAKE, Wash.—Jan. 14, 2015—Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company, announced today that Apa Nova Bucureşti, the largest water utility in Romania serving 2 million customers, selected Itron to help modernize its water metering system. Over the next four years, Apa Nova Bucureşti will install Itron's highly-accurate water meters for high-use customers and multi-family buildings, which will allow the utility to better manage and conserve water resources.

Apa Nova Bucureşti will use Itron's water meters to improve the accuracy of billing to enhance customer service in Romania's largest city of Bucharest. The world-class water meters were selected for their long-lasting accuracy, reliable design and accuracy at low-flow rates.

"Apa Nova Bucureşti is committed to improving our water network through best-in-class metering solutions, which is why we chose to work with Itron," said Mihai Savin, executive director at Apa Nova Bucureşt. "Itron's high-quality water meters allow us to meet our goals for accurate billing to improve customer service and recover revenues."

"Utilities around the world depend on Itron's innovative technology to accurately measure usage and conserve water resources," said Mathias Martin, Itron vice president of sales for Water in EMEA. "We are delighted to work with Apa Nova Bucureşti and offer our expertise in water metering as the utility works to update its current water system."