Itron Announces Election of Malcolm Unsworth to Director

Business Wire, Dec 16, 2008

LIBERTY LAKE, Wash. -- Itron Inc. (NASDAQ: ITRI) announced today that its Board of Directors has elected Malcolm Unsworth, President and Chief Operating Officer, to the company's Board of Directors effective immediately until 2010.

Malcolm Unsworth joined Itron in July of 2004 as Sr. Vice President, Hardware Solutions, following the acquisition of Schlumberger Electricity Metering. In April 2007, Mr. Unsworth was named Sr. Vice President and Chief Operating Officer of Actaris and promoted to President and Chief Operating Officer of the company in April, 2008. Prior to joining Itron, Unsworth spent 25 years with Schlumberger in a variety of management positions in the electric, gas, water and systems businesses.

"Malcolm is a highly-respected executive both domestically and internationally, with broad experience throughout the company and our industry," said Jon Eliassen, Lead Independent Director for the Board of Directors. "He understands and appreciates the complex global environment in which we operate and has built strong teams wherever he has led. He will be a valuable addition to the Board."

"Malcolm has been a key executive for Itron since joining us in 2004," said LeRoy Nosbaum, Chairman and CEO. "I want to congratulate him on this well deserved opportunity."

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; as well as project management, installation, and consulting services. To know more, start here: www.itron.com.