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FOR IMMEDIATE RELEASE
Pepco Holdings Inc. Selects
Itron Enterprise Edition™ Meter Data Management System for its
Blueprint for the Future Initiative
LIBERTY LAKE, WA; February 28, 2008 - Itron Inc.
(NASDAQ: ITRI) announced today a contract with Pepco Holdings Inc.,
(PHI) one of the largest electric delivery companies in the mid-Atlantic
region, to deliver Itron Enterprise Edition™ (IEE) Meter Data
Management (MDM) solution to support PHI’s high-volume data
management needs associated with its Advanced Metering Infrastructure
(AMI) deployment. This contract is a major milestone in PHI's “Blueprint
for the Future” initiative to meet the nation's energy and environmental
challenges through a combination of energy efficiency programs and
new technologies.
PHI delivers electricity and natural gas to nearly 2 million customers
in Delaware, the District of Columbia, Maryland and New Jersey.
IEE’s open architecture enables a utility to deploy a single
enterprise repository to manage all types of metering-based data—interval,
register, and event data—collected from residential and commercial/industrial
customer segments. PHI expects to collect data from nearly 2 million
meters in its service territories. In addition, PHI will deploy
Itron Revenue Protection Suite and Curtailment Manager to improve
revenue assurance and peak load management capabilities. Both software
products run on Itron’s IEE platform.
Todd McGregor, process manager and AMI project sponsor, said it
was critical for PHI to have a MDM system in place as PHI moves
toward AMI technology.
“By deploying MDM in advance of our meters, we will be well
positioned for a smooth AMI rollout and we will simplify the integration
with all our systems,” said McGregor. “Itron has been
a long established partner with a good working knowledge of our
operations.”
With IEE Meter Data Management in place, PHI can improve business
processes by reducing the cost and time to gather and reconcile
meter data from multiple collection systems, while also streamlining
IT infrastructure and improving data security. With its powerful
VEE (Validation, Estimation and Editing) capabilities, IEE ensures
the accuracy and consistency of the meter data for billing and downstream
applications. IEE also interfaces to a suite of powerful analytical
software applications for revenue assurance, demand response, customer
care and more.
Itron Enterprise Edition is the leader in the marketplace, with
more than 30 IEE MDM customers managing data from 23 million meters.
“Itron has the industry knowledge and depth of experience
with the complexities of interval data from hundreds of successful
MDM and MV-90 installations over the years,” said Philip Mezey,
senior vice president and Itron COO for North America. “IEE
supports both mass market and C&I meters—the only MDM
solution on the market today with that capability. We know where
PHI wants to go, and we are pleased to provide the data management
infrastructure to help ensure they achieve the strongest possible
return on their AMI investment.”
About Itron
Itron Inc. is a leading technology provider to the global energy
and water industries. Itron Inc. consists of Itron in North America
and Actaris outside of North America. Our company is the world’s
leading provider of metering, data collection and utility software
solutions, with nearly 8,000 utilities worldwide relying on our
technology to optimize the delivery and use of energy and water.
Our products include electricity, gas and water meters; data collection
and communication systems, including automated meter reading (AMR)
and advanced metering infrastructure (AMI); meter data management
and related software applications; project management, installation,
and consulting services.
About PHI
PHI is one of the largest energy delivery companies in the Mid-Atlantic
region, serving about 1.9 million customers in Delaware, the District
of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva
Power and Atlantic City Electric provide regulated electricity service;
Delmarva Power also provides natural gas service. PHI provides competitive
wholesale generation services through Conectiv Energy and retail
energy products and services through Pepco Energy Services. Pepco,
a subsidiary of Pepco Holdings, Inc., provides safe and reliable
electric service to more than 750,000 residential and commercial
customers in Washington, D.C., and Montgomery and Prince George's
counties in Maryland.
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