Press Release

Stillwater to Deploy Water SaveSource™ Fixed Network Solution from Itron

LIBERTY LAKE, Wash. — February 24, 2010 — Itron Inc. (NASDAQ: ITRI) announced today that the City of Stillwater, Okla., (Stillwater) will deploy Water SaveSource, Itron’s fixed network metering system for water providers. Serving a population of more than 50,000, Stillwater pursued an advanced meter data collection system upon receiving an American Recovery and Reinvestment Act stimulus fund award.

Located 60 miles northeast of Oklahoma City, Stillwater will deploy 17,000 Water SaveSource end points over the next three years which will be read by a fixed network. By deploying Water SaveSource, Stillwater expects to collect incremental meter reads and data logging, which will facilitate analysis of customer water usage and the tracking of unaccounted for water losses. This will improve Stillwater’s customer service and provide data for proactive in-home leak detection programs.

“When we started the process of reviewing various data collection systems, we were aware of Itron’s reputation,” said Anthony Daniel, Water Utilities director for the City of Stillwater. “With Water SaveSource, we are looking forward to its advanced capabilities, and are especially excited about the improvements it will bring to our customer service and operational efficiency.”

Stillwater is also integrating Itron’s advanced meter data management software to manage the data collected by the fixed network. The ability to offer a full turnkey solution for both the advanced network and mobile system—from field management to testing and training—was a key differentiator for Stillwater during its evaluation of solutions.

“We are pleased to offer Stillwater a fixed network and mobile solution that answers its unique meter data collection needs,” said Lou Gust, vice president of water sales and marketing for Itron. “Stillwater’s desire to integrate a meter data management solution is also very exciting and reflects its goal to fully leverage its meter data to achieve maximum results.”


About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

Contact

Alison Mallahan

Senior Manager, Corporate Communications

(509) 891-3802