Itron Estimated as Top Global Supplier of Water Meters and Communications Modules
LIBERTY LAKE, Wash.—December 14, 2011—Itron, Inc. (NASDAQ: ITRI) announced today that it is ranked number one in a number of market position estimates in the latest water meter market analysis report published by IMS Research. The report, The World Market for Water Meters—2011 Edition, published in October 2011 and authored by Nicole Juarez, estimates Itron to have the top unit share position globally for a number of segments, including Total World Water Meter Shipments, Total World Water Communications Modules and Total World Domestic Water Meters.
Itron is a global leader in providing innovative water resource management solutions—from meters, leak detection devices and communication modules, to network infrastructure and back-office data collection and analytic software—that enable utilities to manage supply, optimize usage and conserve resources. Itron's reliable water metering technology shipped to more customers around the world than any other meter supplier last year.
"Itron takes its leadership position seriously, particularly during such a critical time in the industry when water suppliers around the world are facing growing populations and infrastructure challenges," said Marcel Regnier, Itron president and COO, Water. "In developing countries, providing people with secure, potable water is the primary concern; yet, in the most developed countries, making distribution systems more reliable, smarter and energy efficient are key drivers for technology investments, together with improved consumer service. At Itron, we offer tailored solutions to meet our customers' unique business needs, and I believe this is why we are a leading global provider today."
To learn more about IMS Research, visit http://www.imsresearch.com.
About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.
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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