Itron Announces Innovator Award Winner

Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, awarded the first annual Itron Innovator Award to Con Edison for its deployment of natural gas detectors, which were developed in collaboration with New Cosmos USA Inc. using Itron's Milli^tm 5 battery-optimized wireless communications module. The award, which will be presented at Itron Utility Week 2019 in Marco Island, Florida, recognizes an Itron customer for driving excellence in innovation and taking advantage of Itron's partner enablement programs to deliver value from concept to consumer.

Mitigating natural gas leaks can prevent devastating damage to a utility and its customers, but with natural gas detectors on its multi-application industrial IoT network, Con Edison is able to detect natural gas leaks and quickly alert emergency crews to improve safety in the communities they serve. Utilizing Itron's Milli 5 modules allows the devices to seamlessly integrate with Con Edison's existing network infrastructure from Itron, which the utility uses to manage 3.6 million electric meters and 1.2 million gas modules. Upon detection, the device immediately communicates with the utility, which responds with a crew and notifies the local fire department so they can respond and investigate. As of September 2019, the utility has responded to over 100 notifications.

"We are honored to receive this award, which recognizes our collaboration with Itron and New Cosmos USA Inc. to implement natural gas detection as a holistic safety solution," said Marc Huestis, senior vice president for Con Edison's Gas Operations. "The success of this solution highlights the advantages available through Con Edison's industrial IoT platform. We hope our experience inspires other utilities to deploy these devices to improve safety for the communities they serve."

"We are committed to delivering innovative industrial IoT solutions by empowering our customers to solve their highest priority challenges through our partner enablement programs, and Con Edison is an outstanding example of the success of this approach," said Sharelynn Moore, senior vice president of Networked Solutions at Itron. "We are excited to present this award to Con Edison, which has truly excelled in delivering innovative solutions to its customers."

To learn more about the Itron partner enablement programs, visit https://itron.com/partners

About Itron

Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

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