Publication: Business Wire

Thursday, November 7 1996

SPOKANE, Wash.–(BUSINESS WIRE)–Nov. 7, 1996–

Portland General Electric billing live using Itron’s fixed network in Murray Hills area of Portland

Itron (NASDAQ: ITRI), a leading provider of automatic meter reading (AMR) services and equipment to the utility industry, today announced that they have successfully achieved and passed the acceptance criteria required by Portland General Electric (PGE) for PGE’s pilot installation of Itron’s Fixed Network AMR system in Murray Hills, Ore.

PGE, a wholly owned subsidiary of Portland General Corp. (NYSE:PGN), supplies electricity to more than 630,000 customers in Northwest Oregon.

Murray Hills was selected for the pilot as it represents one of the more difficult environments for radio communications in the Portland area. Underground power lines and short decorative street lights in the area present a challenge in terms of finding places to install the key components for the network. In addition, the homes and lot sizes are larger than average and there is a great deal of foliage.

“Completion of the fixed network acceptance test at PGE is a significant milestone for Itron because we have proven that our Fixed Network AMR system works in the field under very difficult radio communications environments,” said Johnny Humphreys, Itron president and CEO.

“The fixed network technology is maturing rapidly and we have demonstrated the capability to reliably acquire reads for monthly billing over the network,” said David Carboneau, Portland General Corp. vice president of Information Technology. “With continuing improvement in functionality, we anticipate further successful deployment of Itron’s Fixed Network AMR system.”

Previously this year, Itron made several announcements involving the installation of its network AMR product, including contracts with the Duquesne Light Co., Western Resources, Baltimore Gas & Electric, Nevada Power, CSW Communications, Peoples Gas Light & Coke, Southeastern Michigan Gas, and Southern California Edison.

Headquartered in Spokane, Itron serves over 1,300 customers in more than 40 countries. With engineering, design, and manufacturing facilities in several U.S. locations and subsidiaries in the United Kingdom, France, and Australia, Itron is one of the leading suppliers of energy information, communications and management solutions to electric, gas and water utilities worldwide. For the 12-month period ending Sept. 30, 1996, Itron earned $3.8 million on revenues of $179 million.

CONTACT: Itron Inc.

Mima Scarpelli, 509/891-3565