ITRI Itron Inc.

Itron Recognized for AMI Leadership in Asia-Pacific by Frost & Sullivan

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, has been recognized with a best practices award in Growth Excellence Leadership in the Advanced Metering Infrastructure (AMI) industry by Frost & Sullivan. The award recognizes Itron for its consistently high standards for delivering customer value and industry growth in the Asia-Pacific region.

With Itron’s AMI network, developing countries in the Asia-Pacific region are able to easily integrate distributed energy resources (DERs) to meet growing power demand. In particular, the award recognized Provincial Electricity Authority (PEA), to deploy Itron’s AMI solution and more than 100,000 smart meters in the City of Pattaya. Itron’s solution also equips utilities to confront other challenges such as electricity theft, revenue loss and inaccurate meter reads. Due to these capabilities, Frost & Sullivan reported that Itron’s superior solution will help it penetrate this early-stage market.

“Itron has developed into a global leader in AMI, distribution automation streetlighting and emerging IoT sensing,” said Rajalingam Chinnasamy, industry manager of Industrial Practice at Frost & Sullivan. “This award recognizes Itron’s impressive growth in unit sales, overall growth rate and continued commitment in the Asia-Pacific region.”

“Itron is honored to be recognized in Frost & Sullivan’s Asia-Pacific Best Practices Awards, which highlights our commitment to the region. Through our Industrial IoT solution with Distributed Intelligence, we are delivering new value to customers through more efficient operations, better decisions and quicker responses,” said Paul Nelsen, vice president of sales, APAC at Itron.

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services 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: .

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.

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04/02/2020

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