Itron Selected to Provide 745,000 Gas Meters to AKSA, Turkey’s Largest Gas Utility

Itron, Inc. (NASDAQ: ITRI) announced today that it was awarded a contract by Turkey’s largest private gas utility, AKSA, to provide residential as well as commercial and industrial (C&I) gas meters. During this 3-year contract, Itron’s gas meters will be rolled out in twenty different regions of AKSA’s territory. As Turkey is planning to increase its gas pipeline infrastructure to accommodate its growing energy consumption, Itron brings its industry expertise to help AKSA build a strong metering platform in the country.

"As a leading gas distribution company in Turkey, we are pleased to work with Itron. We’ve used Itron meters for years and these new meters provide embedded technology for smart meter applications that we aim to implement in the near future,” said Yasar Aslan, AKSA’s CEO. "AKSA plays a key role in the Turkish market and relies on Itron for positioning us for the future.”

"This contract further illustrates the strong relationship that Itron has built with its customers in this region. We are pleased that AKSA has once again entrusted Itron with technology that modernizes their infrastructure,” said Rémy Brill, Itron regional vice president and managing director, EMEA Energy. "We have been actively serving the Turkish market since 2002 and are very proud to be part of the country’s gasification.”

About Itron

Itron is a leading provider of energy and water resource management solutions for nearly 8,000 utilities around the world. We offer end-to-end solutions that include electricity, gas, water and thermal energy measurement and control technology; communications systems; software; and professional services. With more than 9,000 employees doing business in more than 130 countries, Itron empowers utilities to responsibly and efficiently manage energy and water resources. To realize a sustainable future, start here: www.itron.com.