Itron to Deliver 3G Cellular Platform Based on Qualcomm Chipsets for the Smart Grid

  Itron to Deliver 3G Cellular Platform Based on Qualcomm Chipsets for the
  Smart Grid

   Itron smart meters to incorporate Qualcomm Gobi 3G™ multi-mode chipsets

DistribuTECH 2013

Business Wire

LIBERTY LAKE, Wash. -- January 29, 2013

Itron, Inc. (NASDAQ:ITRI) today announced a collaboration with Qualcomm
Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated
(NASDAQ:QCOM), on a next-generation smart energy platform that leverages
cellular technology through the use of Qualcomm’s Gobi™ MDM8x15 chipset
offered by Qualcomm Technologies. The new Itron smart meters will bring
greater choices to utility customers deploying smart metering solutions and
further strengthen Itron’s integrated cellular offerings.

The new platform will combine Itron’s OpenWay® smart meters with Qualcomm
Technologies’ Gobi MDM8x15 multi-mode modem and integrated application
processor, enabling a streamlined and cost-optimized solution. With support
for multiple 3G standards (UMTS/HSPA or CDMA2000), extensibility to 4G-LTE and
backwards compatibility with 2G technologies, this solution will have a global
footprint. These advantages combine to enable emerging smart energy
applications that require greater amounts of granular data such as
distribution automation, demand response, distributed generation, pre-paid
metering, electric vehicle integration and Volt/Var monitoring.

The cellular solution will enable utilities to strategically deploy their
smart grid devices regardless of their service territory geography - as a
standalone solution, for in-fill coverage gaps or in combination with other
access technologies. Cellular allows utilities to strategically and rapidly
deploy meters, grid devices and sensors on commercially available cellular IP
networks.

"This collaboration with Qualcomm Technologies is very significant for Itron,”
said Russ Vanos, senior vice president of strategy and business development at
Itron. “When we acquired SmartSynch, we recognized the growing importance of
3G cellular for smart grid deployments. Now, we have taken the next logical
step in working strategically with Qualcomm Technologies so that we can stay
at the forefront of cellular developments, utilize the smartphone ecosystem
and its capabilities and scale for the smart grid. It also helps ensure that
Itron continues to offer our customers a broad portfolio of integrated
communication options."

“We are planning to introduce to the smart energy space similar technologies
that we have brought to today's leading mobile and computing devices, helping
to extend our vision for the ‘Internet of Everything,’" said Kanwalinder
Singh, senior vice president of business development, Qualcomm Technologies.
"Itron is a leader in software, services and communications for the smart grid
with OpenWay. The Gobi platform will host OpenWay applications and make them
globally deployable on 3G networks with migration to LTE and backward
compatibility to 2G. We are excited about working with Itron, and, through our
Gobi 3G multi-mode chipsets, to helping enable Itron to meet the evolving
needs of global utilities with cellular technologies."

DistribuTECH 2013 Conference & Exhibition

See what Itron has brewing in booth #2714 and learn about the industry’s
broadest portfolio of software, communications and measurement technology.

Visit Qualcomm at booth #3229 to discover advanced communications and
computing technologies for smart energy solutions, including 4G/3G/2G
cellular, low resource Wi-Fi and HomePlug Green PHY.

About Itron

Itron is a global technology company. We build solutions that help utilities
measure, manage and analyze energy and water. Our broad product portfolio
includes electricity, gas, water and thermal energy measurement and control
technology; communications systems; software; and professional services. With
thousands of employees supporting nearly 8,000 utilities in more than 100
countries, Itron empowers utilities to responsibly and efficiently manage
energy and water resources. Join us in creating a more resourceful world;
start here: www.itron.com.

Qualcomm and Gobi are trademarks of Qualcomm Incorporated, registered in the
United States and other countries. All Qualcomm Incorporated trademarks are
used with permission. Other products or brand names may be trademarks or
registered trademarks of their respective owners.

Contact:

Itron, Inc.
Sharelynn Moore, 509-891-3524
Vice President, Corporate Communications
sharelynn.moore@itron.com
or
Barbara Doyle, 509-891-3443
Vice President, Investor Relations
barbara.doyle@itron.com