Itron Signs Agreement with Mississippi Power to Deploy and Manage Nearly 200,000 Smart Meters Across the Magnolia State

Mississippi Power to Take Advantage of ItronÔÇÖs Standards-based
Network and Software-as-a-Service to Improve Operational Efficiencies
and Increase Grid Reliability for its Customers

LIBERTY LAKE, Wash.–(BUSINESS WIRE)–Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and
cities manage energy and water, today announced a new agreement with
Mississippi PowerÔÇöa subsidiary of Southern Company (NYSE: SO)ÔÇöto support
the utilityÔÇÖs grid modernization plans and continued leadership in
technical innovation within the utility space. Itron will deploy and
manage its standards-based Gen5 IPv6 network platform to connect
approximately 193,000 advanced metering infrastructure (AMI) devices to
help improve operational efficiencies and increase grid reliability for
Mississippi Power customers across southeast 23 Mississippi counties.
Itron will also deliver back-office capabilities to Mississippi Power
through a five-year Software-as-a-Service (Saas) model to aid in the
utilityÔÇÖs operational and customer engagement transformation efforts.

ÔÇ£AMI will allow Mississippi Power to serve our customers more
efficiently from an operational standpoint, which in turn increases the
value we provide to the communities we serve,ÔÇØ Mississippi Power Vice
President of Customer Services Organization Nicole Faulk said. ÔÇ£This
technology, and our partnership with Itron, will benefit our customers
in many ways. From real-time usage reporting to remote connect and
disconnect and more, we will be installing meters that will help us
enhance our customersÔÇÖ experience and prepare for emerging smart grid
applications.ÔÇØ

ÔÇ£WeÔÇÖre excited to be expanding our footprint in the southeastern U.S.
through our agreement with Mississippi Power on its progressive efforts
to modernize its grid system,ÔÇØ said Mark de Vere White, president of
ItronÔÇÖs Electricity business line. ÔÇ£Mississippi is a state with diverse
terrain and a history of extreme weather conditions. The opportunity to
work with Mississippi Power to deliver its customers a more reliable,
cost effective and efficient smart grid is truly rewarding. We look
forward to building a long lasting, trusted relationship with
Mississippi Power.ÔÇØ

ItronÔÇÖs advanced technology will be integrated into selected Mississippi
Power smart meters to enable secure and reliable wireless networking
connectivity between Mississippi PowerÔÇÖs business and residential
customers to the utilityÔÇÖs back office. The communications and computing
modules will help Mississippi Power form a resilient and reliable mesh
network, providing access to demand, consumption, time-of-use and
interval data, alarms and power-quality data from its smart meters. By
selecting Itron, Mississippi Power will put a platform in place capable
of meeting the modern demands of its customers that desire more control
over their energy consumption, while establishing a foundational network
and management system for future smart grid advances and applications.

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.

Itron® and OpenWay® are registered trademarks of
Itron, Inc. All third-party trademarks are property of their respective
owners and any usage herein does not suggest or imply any relationship
between Itron and the third party unless expressly stated.

Contacts

Itron, Inc.
Alison Mallahan, 509-891-3802
Senior PR
Manager
[email protected]