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

LIBERTY LAKE, Wash.—July 18, 2012—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."