© 2009, Itron Inc. 1

© 2009, Itron Inc. 2

50%43%

50%> Market Leader in Automation

> Leading Worldwide Supplier of Meters

> Leading Software Provider for Meter Data Collection

> Long History of Selling to Utilities

> Consistent Revenue Base / Project Revenue Will Grow

> Leading Worldwide Publicly-Traded Pure-Play for Smart Meter/Smart Grid

Highlights

© 2009, Itron Inc. 3

Premise> The challenges that global energy and water providers face

are intensifying. > There is a ever-growing demand for resources. By 2025:

• Global population will increase 30 percent to 8 billion• Demand for electricity will double • Demand for natural gas will increase 67 percent• 22 percent more primary water supply will be needed

> Energy and water resources will be strained to meet demand• The times of low cost energy are behind us• Finite water supplies becoming a reality

> Regulatory requirements• 2006/32/CE Directive (20% energy efficiency / 20% renewable energy

and 20% carbon emission reduction by 2020)

> Environmental challenges• CO2 and climate change – this will impact your business

> Sources: U.S. Energy Information Agency and United Nations

© 2009, Itron Inc. 4

Smart Grid Architecture – OpenWay by Itron

© 2009, Itron Inc. 5

Utility Programs Must Launch….

September 28

Sunday Monday Tuesday Wednesday Thursday Friday Saturday29 30 October 1 2 3 4

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 27 28 29 30 31 November 1

October 08

IEE MDM CIS/Billing

Off Peak Usage

Part Peak Usage

On Peak Usage

Event 1CPP Usage

Event 2CPP Usage

Event 3CPP Usage

AMI Head End

IEE Readings XML File(s)

VEE and Like Day Selection

Smart Meter Deployments Systems and Back-Office Integration Dynamic Energy Pricing Programs

© 2009, Itron Inc. 6

….To Create a Market for Energy Management!