LIBERTY LAKE, WA -March 3, 2008 - Itron Inc. (NASDAQ: ITRI) announced today that it has signed 10 contracts in the past 60 days with utilities and energy delivery companies in North America, Asia and Australia to deliver Itron’s Enterprise Edition™ (IEE) Meter Data Management system.

The MDM deployments are, in part, preparation for large-scale advanced metering infrastructure (AMI) initiatives and to improve the data collection and billing process for commercial and industrial (C&I) customers.

By managing large volumes of interval, register and event data from advanced meters in a single enterprise repository, the IEE platform enables utilities to streamline IT infrastructure and leverage the data their automated meter reading (AMR) and AMI systems collect to support a wide variety of applications, including time-based pricing, demand response and load control, outage management, revenue assurance, customer care, distribution asset management, and demand forecasting.

Itron has recently signed contracts for IEE deployments at Seattle City Light, Pepco Holdings Inc. (PHI), Georgia System Operations Corporation and the Cucamonga Valley Water District to name a few. In addition, several utilities have contracted with Itron to utilize IEE in pilot programs that will test and validate support for AMI-driven business processes.

"We are gratified to see the large number of customers building Itron meter data management solutions into their AMI and IT infrastructure," said Eric Miller, vice president of Itron software solutions. "For an increasing number of utilities, putting into place the MDM platform is a vital first step to ensuring AMI success and a strong return on their hardware investments.

"Itron now has more than 24 million meters licensed under the Itron Enterprise Edition platform," said Miller. "We see this momentum in the marketplace as a strong affirmation of IEE's proven functionality, scalability, maturity and attractive cost of ownership. These MDM system attributes will become even more critical as advanced metering technology is deployed on a much broader scale."

About Itron Inc.
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.

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