Itron Inc. (NASDAQ: ITRI) announces a contract with Pepco Holdings Inc., (PHI) one of the largest electric delivery companies in the mid-Atlantic region, to deliver Itron Enterprise Edition™ (IEE) Meter Data Management (MDM) solution to support PHI's high-volume data management needs associated with its Advanced Metering Infrastructure (AMI) deployment. This contract is a major milestone in PHI's "Blueprint for the Future" initiative to meet the nation's energy and environmental challenges through a combination of energy efficiency programs and new technologies.

PHI delivers electricity and natural gas to nearly 2 million customers in Delaware, the District of Columbia, Maryland and New Jersey.

IEE's open architecture enables a utility to deploy a single enterprise repository to manage all types of metering-based data?interval, register, and event data?collected from residential and commercial/industrial customer segments. PHI expects to collect data from nearly 2 million meters in its service territories. In addition, PHI will deploy Itron Revenue Protection Suite and Curtailment Manager to improve revenue assurance and peak load management capabilities. Both software products run on Itron's IEE platform.

Todd McGregor, process manager and AMI project sponsor, said it was critical for PHI to have a MDM system in place as PHI moves toward AMI technology.

"By deploying MDM in advance of our meters, we will be well positioned for a smooth AMI rollout and we will simplify the integration with all our systems," said McGregor. "Itron has been a long established partner with a good working knowledge of our operations."

With IEE Meter Data Management in place, PHI can improve business processes by reducing the cost and time to gather and reconcile meter data from multiple collection systems, while also streamlining IT infrastructure and improving data security. With its powerful VEE (Validation, Estimation and Editing) capabilities, IEE ensures the accuracy and consistency of the meter data for billing and downstream applications. IEE also interfaces to a suite of powerful analytical software applications for revenue assurance, demand response, customer care and more.

Itron Enterprise Edition is the leader in the marketplace, with more than 30 IEE MDM customers managing data from 23 million meters.

"Itron has the industry knowledge and depth of experience with the complexities of interval data from hundreds of successful MDM and MV-90 installations over the years," said Philip Mezey, senior vice president and Itron COO for North America. "IEE supports both mass market and C&I meters?the only MDM solution on the market today with that capability. We know where PHI wants to go, and we are pleased to provide the data management infrastructure to help ensure they achieve the strongest possible return on their AMI investment."

About Itron
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. To know more, start here: www.itron.com.

About PHI
PHI is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI provides competitive wholesale generation services through Conectiv Energy and retail energy products and services through Pepco Energy Services. Pepco, a subsidiary of Pepco Holdings, Inc., provides safe and reliable electric service to more than 750,000 residential and commercial customers in Washington, D.C., and Montgomery and Prince George's counties in Maryland.

Fri Feb 29 09:47:00 CST 2008