Itron Marks Significant Milestone with 2 Millionth Cyble 5 Module

Itron Celebrates Major Milestone with Shipping of Cyble 5 Modules

Itron, Inc. (NASDAQ: ITRI), a leader in utility and city management solutions, proudly announces the shipment of its two millionth Cyble 5 communication module. This achievement reflects Itron's ongoing commitment to innovation and the enhancement of energy and water management systems for utilities globally.

The Importance of Cyble 5 Communication Modules

The Cyble 5 multi-connectivity communication module is designed to convert raw data into valuable insights. This transformation allows for real-time monitoring, advanced analytics, and consumption insights. Such capabilities empower utilities, like Metz Eurométropole Water Utility, to make informed, data-driven choices that lead to improved operational efficiency and better service for customers.

Key Features of the Cyble 5 Module

As the primary recipient of Itron's two millionth Cyble 5 module, Metz Eurométropole, which serves over 47,000 residents, benefits significantly from the module's advanced features:

• Durable Design: The module is built with IP68-rated protection, ensuring longevity even in challenging conditions, thereby reducing maintenance and replacement costs.
• Seamless Interoperability: It integrates effortlessly with Automated Meter Reading (AMR), Advanced Metering Infrastructure (AMI), and Internet of Things (IoT) networks, ensuring compliance with various utility systems.
• Accurate Metering and Usage Data: The device logs precise, time-stamped consumption data, crucial for billing accuracy and leak detection, ultimately enhancing customer satisfaction.
• Efficient Mobile Meter Reading: The module allows for quick data collection, whether through walk-by or drive-by methods, resulting in lower operational and labor costs.

Enhancing Water Management with Advanced Technology

The Cyble 5 communication module connects seamlessly to Metz Eurométropole’s LoRaWAN AMI network. This connectivity allows for two-way communication between the meters and the utility, ensuring the timely delivery of extensive data sets. Since its launch in 2022, this innovative solution has enabled Metz Eurométropole to proactively manage water resources, minimize leaks, and ensure accurate billing.

“Receiving Itron’s two millionth Cyble 5 communication module is a significant milestone for Metz Eurométropole Water Utility,” said Morgane Pitel, Director of the utility. “This technology is revolutionizing our approach to water management, fostering sustainability and customer focus. The access we gain to water consumption data in near real-time allows us to efficiently manage resources, improve leak detection, and better serve our customers.”

Itron’s Vision for the Future

Justin Partrick, senior vice president of Devices at Itron, commented on the significance of this milestone: “The shipment of two million Cyble 5 modules marks an important chapter for Itron and our partners. As global water demands continue to increase, investing in smarter operations has never been more urgent. We are dedicated to working alongside water providers worldwide to create connected systems that provide real-time insights and operational excellence.”

Transformative Benefits of Cyble 5 Modules

The capability of the Cyble 5 communication module to transform traditional mechanical meters into intelligent devices ensures efficient operations, accurate revenue collection, and maximized earnings for utilities. Through this technology, Itron is helping reshape the landscape of water management and consumption.

About Itron

Itron is recognized as a global leader in energy, water, and smart city infrastructures. The company is committed to enhancing the efficacy of utilities and cities by facilitating innovative solutions that foster conservation and efficient utilization of natural resources. By doing so, Itron significantly improves the quality of life for communities worldwide.

If you're looking for more information on Itron’s solutions and their impact, please contact:

Itron, Inc.

Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com

Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com

Frequently Asked Questions

What is the Cyble 5 communication module?

The Cyble 5 communication module is an advanced device that facilitates real-time data collection and monitoring for utilities, enhancing operational efficiency.

How does the Cyble 5 module benefit water utilities?

It provides accurate consumption data, improves leak detection, and enables better resource management and customer service.

Why is the shipment of two million Cyble 5 modules significant?

This milestone showcases Itron's commitment to innovation and providing utilities with modern solutions for efficient water resource management.

What features distinguish the Cyble 5 module?

Key features include durability, interoperability, accurate data logging, and efficient mobile reading capabilities.

How does Itron plan to collaborate with water providers in the future?

Itron aims to continue developing connected, intelligent networks that provide actionable insights for water management across the globe.

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