LIBERTY LAKE, Wash. - July 2, 2015 - Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, announced today that it signed an agreement with ELO to provide its Itron Riva adaptive communication technology (ACT), bringing more communication technology choices to utilities in Brazil.

Itron Riva provides intelligence at the edge of the grid and ground-breaking adaptive communication technology that incorporates two communication technologies - radio frequency (RF) and power line communications (PLC) - working harmoniously in the same device and in real time. The technology dynamically selects the best communication path based on the grid's operating conditions, data attributes and application requirements.

In addition, Itron Riva technology offers a unified software platform within the device for new smart grid applications that benefit from high-performance communications and distributed computing capability on the low voltage grid. This enables new and more effective approaches to energy theft detection, detection of high-impedance connections and other dangerous grid conditions, outage analysis, transformer load management and demand response.

"Itron is pleased to provide more options to utilities by integrating our Itron Riva ACT with ELO meters. In doing so, we are providing utilities with a solution that ensures that collected data will be delivered more efficiently and reliably," explains Emerson Souza, head of Itron's electricity division, Latin America. "This agreement is a real breakthrough for the metering industry. Both companies bring their specialties into a single, compact and efficient product, accelerating results in relation to the smart grid applications."

"Choosing Itron and integrating its adaptive communication technology with our family of meters is due to Itron's proven success and expertise in the global power industry," said Luis Paulo Elustondo, CEO of ELO Sistemas Eletrônicos S.A. "We look forward to delivering a very distinctive metering and communications solution to Brazil."

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