<SEC-DOCUMENT>0001157523-18-000069.txt : 20180117
<SEC-HEADER>0001157523-18-000069.hdr.sgml : 20180117
<ACCEPTANCE-DATETIME>20180117161640
ACCESSION NUMBER:		0001157523-18-000069
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180117
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180117
DATE AS OF CHANGE:		20180117

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ITRON INC /WA/
		CENTRAL INDEX KEY:			0000780571
		STANDARD INDUSTRIAL CLASSIFICATION:	INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825]
		IRS NUMBER:				911011792
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22418
		FILM NUMBER:		18531663

	BUSINESS ADDRESS:	
		STREET 1:		2111 N MOLTER ROAD
		CITY:			LIBERTY LAKE
		STATE:			WA
		ZIP:			99019
		BUSINESS PHONE:		5099249900

	MAIL ADDRESS:	
		STREET 1:		2111 N MOLTER ROAD
		CITY:			LIBERTY LAKE
		STATE:			WA
		ZIP:			99019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ITRON INC
		DATE OF NAME CHANGE:	19920724
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51744902.htm
<DESCRIPTION>ITRON, INC. 8-K
<TEXT>
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      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Washington,
      D.C. 20549</b></font>
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    <hr style="color: #000000; text-align: center; height: 1.0 pt; width: 30%">


    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>FORM 8-K</b></font>
    </p>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br>
    </p>
    <div style="text-align:center">
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          &#160;
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>January 17, 2018</b>
          </p>
        </td>
        <td style="width: 35%">

        </td>
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        <td style="padding-left: 0.0px; text-align: center" valign="top" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date of Report (Date of Earliest Event Reported)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
    <div style="text-align:center">
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          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; padding-left: 0.0px; width: 50%; border-bottom-style: solid; border-bottom-color: black; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>ITRON, INC.</b>
          </p>
        </td>
        <td style="width: 25%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Exact Name of Registrant as Specified in its Charter)
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      <br>

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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Washington</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; padding-left: 0.0px; width: 30%; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-right: 0.0px; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>000-22418</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; padding-left: 0.0px; width: 30%; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-right: 0.0px; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>91-1011792</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 30%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or Other Jurisdiction<br>of Incorporation)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 30%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission File No.)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 30%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (IRS Employer<br>Identification No.)
          </p>
        </td>
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    </table>
    </div>
    <p>
      <br>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 95%; margin-left:auto;margin-right:auto">
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>2111 N. Molter Road, Liberty Lake, WA&#160;&#160;99019</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Address of Principal Executive Offices, Zip Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 95%; margin-left:auto;margin-right:auto">
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          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(509) 924-9900</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Registrant&#8217;s Telephone Number, Including Area Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">
      <br>

    </p>
    <div style="text-align:center">
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          &#160;
        </td>
      </tr>
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        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Former Name or Former Address, if Changed Since Last Report)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
    <p style="text-align: justify">
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
      &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
      &#167;240.12b-2).
    </p>
    <p style="text-align: left">
      Emerging growth company <font style="font-size: 10pt">&#9744;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. <font style="font-size: 10pt">&#9744;</font>
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; font-size: 10pt; text-align: center">
          -1-
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: justify">
      <b>Item 8.01 Other Events</b>
    </p>
    <p>
      On January 17, 2018, Itron, Inc. (&#8220;Itron&#8221;) issued a press release
      announcing the pricing of the previously announced private offering of
      an additional $100 million aggregate principal amount of its 5.000%
      senior notes due 2026 (the &#8220;Notes&#8221;). The Notes will be issued in the
      offering at an issue price equal to 100.000% of principal, plus accrued
      interest from December 22, 2017. The Notes will be guaranteed, jointly
      and severally, on a senior unsecured basis, by certain of Itron&#8217;s
      existing and future domestic subsidiaries. Itron intends to use the net
      proceeds from the offering of the Notes to refinance existing
      indebtedness, pay related fees and expenses and for general corporate
      purposes. There are $300 million 5.000% senior notes due 2026
      outstanding as of the date hereof. A copy of the press release is
      attached hereto as Exhibit 99.1.
    </p>
    <p>
      The Notes and the related guarantees will not be registered under the
      Securities Act of 1933, as amended, or the securities laws of any state
      or other jurisdiction, and, unless so registered, may not be offered or
      sold in the United States absent registration or an applicable exemption
      from registration requirements.
    </p>
    <p>
      This report does not constitute an offer to sell, or a solicitation of
      an offer to buy, any security. No offer, solicitation, or sale will be
      made in any jurisdiction in which such an offer, solicitation, or sale
      would be unlawful.
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; font-size: 10pt; text-align: center">
          -2-
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="white-space: nowrap">

    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="text-align: justify; white-space: nowrap">
      (d)&#160;&#160;&#160;&#160;&#160;Exhibits.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
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        <td style="border-bottom-width: 1.0pt; padding-left: 10.0px; width: 13%; border-bottom-style: solid; border-bottom-color: black; text-align: left" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit<br>Number
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; padding-left: 0.0px; width: 85%; border-bottom-style: solid; border-bottom-color: black; text-align: left" valign="bottom">
          Description
        </td>
      </tr>
      <tr>
        <td style="width: 13%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 85%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 13%; text-align: left; padding-right: 0.0px; white-space: nowrap" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51744902_ex991.htm">99.1</a>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="padding-left: 0.0px; width: 85%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51744902_ex991.htm">Press Release dated January 17, 2018*</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>
      * This exhibit is intended to be furnished and shall not be deemed filed
      for purposes of the Exchange Act.
    </p>
    <p>
      This report may contain &#8220;forward-looking&#8221; statements, as defined in
      federal securities laws including the Private Securities Litigation
      Reform Act of 1995, which are based on our current expectations,
      estimates, forecasts and projections.&#160; Statements that are not
      historical facts, including statements about beliefs, plans and
      expectations are forward-looking statements.&#160; Statements that include
      words such as &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;, &#8220;plans&#8221;, &#8220;predicts&#8221;,
      &#8220;believes&#8221;, &#8220;seeks&#8221;, &#8220;estimates&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;should&#8221;, &#8220;would&#8221;,
      &#8220;potential&#8221;, &#8220;continue&#8221;, &#8220;goals&#8221;, &#8220;targets&#8221; and variations of these
      words (or negatives of these words) or similar expressions of a future
      or forward-looking nature identify forward-looking statements.&#160; In
      addition, any statements that refer to projections or other
      characterizations of future events or circumstances, including any
      underlying assumptions are forward-looking statements.&#160; Forward-looking
      statements are based on current expectations and are subject to a number
      of risks, factors and uncertainties that could cause actual results to
      differ materially from those described in the forward-looking
      statements.&#160; Important factors and uncertainties that could cause actual
      results to differ materially from those described in these
      forward-looking statements include, without limitation: the parties&#8217;
      ability to meet expectations regarding the accounting and tax treatments
      of the Itron Networked Solutions, Inc. (aka Silver Spring Networks,
      Inc.) merger (the &#8220;SSNI Acquisition&#8221;); the impact of indebtedness
      incurred by Itron in connection with the SSNI Acquisition and the
      potential impact on the rating of indebtedness of Itron; and the effects
      of the business combination of Itron and Itron Networked Solutions,
      Inc., including the combined company&#8217;s future financial condition,
      operating results, strategy and plans.
    </p>
    <p>

    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt; margin-right: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-family: Times New Roman; font-size: 10pt; text-align: center">
          -3-
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURE</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: left">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned, hereunto duly authorized.
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; margin-bottom: 10.0px; font-size: 10pt; width: 100%">
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="top" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            ITRON, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 50%; text-align: left; padding-bottom: 2.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dated: January 17, 2018
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left; padding-bottom: 2.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By:
          </p>
        </td>
        <td style="border-bottom-width: 1.0pt; padding-left: 0.0px; width: 45%; border-bottom-style: solid; border-bottom-color: black; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Shannon M. Votava
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Shannon M. Votava
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Senior Vice President, General Counsel and Corporate Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      -4-
    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51744902_ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2018 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Itron,
      Inc. Prices Offering of Additional $100 Million of 5.000% Senior Notes
      Due 2026</b></font>
    </p>
    <p>
      LIBERTY LAKE, Wash.--(BUSINESS WIRE)--January 17, 2018--Itron, Inc.
      (Nasdaq: ITRI) (the &#8220;Company&#8221;) today announced the pricing of the
      previously announced private offering of $100 million aggregate
      principal amount of additional 5.000% senior notes due 2026 (the
      &#8220;Notes&#8221;). The Notes will be issued in the offering at an issue price
      equal to 100.000% of principal, plus accrued interest from Dec. 22,
      2017. The Notes being offered are additional notes under the indenture
      pursuant to which the Company issued $300 million aggregate principal
      amount of its 5.000% senior notes due 2026 on Dec. 22, 2017. The Notes
      will be treated as a single series with and will have the same terms as,
      the existing 2026 notes.
    </p>
    <p>
      The Company intends to use the net proceeds from the offering of the
      Notes to refinance existing indebtedness, pay related fees and expenses
      and for general corporate purposes.
    </p>
    <p>
      The Notes will be offered in the United States to qualified
      institutional buyers under Rule&#160;144A under the Securities Act of 1933,
      as amended (the &#8220;Securities Act&#8221;) and to persons outside the United
      States under Regulation&#160;S under the Securities Act. The Notes and the
      related guarantees will not be registered under the Securities Act, or
      the securities laws of any state or other jurisdiction, and, unless so
      registered, may not be offered or sold in the United States absent
      registration or an applicable exemption from registration requirements.
    </p>
    <p>
      This press release is for informational purposes only and is neither an
      offer to buy or sell nor a solicitation of an offer to buy or sell the
      securities described herein. There shall not be any sale of these
      securities in any state or other jurisdiction in which such offer,
      solicitation or sale would be unlawful prior to registration or
      qualification under the securities laws of any such jurisdiction.
    </p>
    <p>
      <b>No Offer or Solicitation</b>
    </p>
    <p>
      This communication is neither an offer to sell, nor a solicitation of an
      offer to buy any securities, nor shall there be any sale, issuance or
      transfer of securities in any jurisdiction in contravention of
      applicable law. No offer of securities shall be made except by means of
      a prospectus meeting the requirements of Section&#160;10 of the Securities
      Act and otherwise in accordance with applicable law.
    </p>
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        <div style="text-align: right">

        </div>
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    </div>
    <p>
      <b>Forward Looking Statements</b>
    </p>
    <p>
      This communication may contain &#8220;forward-looking&#8221; statements, as defined
      in federal securities laws including the Private Securities Litigation
      Reform Act of 1995, which are based on our current expectations,
      estimates, forecasts and projections. Statements that are not historical
      facts, including statements about beliefs, plans and expectations are
      forward-looking statements. Statements that include words such as
      &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;intends&#8221;, &#8220;plans&#8221;, &#8220;predicts&#8221;, &#8220;believes&#8221;,
      &#8220;seeks&#8221;, &#8220;estimates&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;should&#8221;, &#8220;would&#8221;, &#8220;potential&#8221;,
      &#8220;continue&#8221;, &#8220;goals&#8221;, &#8220;targets&#8221; and variations of these words (or
      negatives of these words) or similar expressions of a future or
      forward-looking nature identify forward-looking statements. In addition,
      any statements that refer to projections or other characterizations of
      future events or circumstances, including any underlying assumptions are
      forward-looking statements. Forward-looking statements are based on
      current expectations and are subject to a number of risks, factors and
      uncertainties that could cause actual results to differ materially from
      those described in the forward-looking statements. Important factors and
      uncertainties that could cause actual results to differ materially from
      those described in these forward-looking statements include, without
      limitation: the parties&#8217; ability to meet expectations regarding the
      accounting and tax treatments of the Itron Networked Solutions, Inc.
      (aka Silver Spring Networks, Inc.) merger (the &#8220;SSNI Acquisition&#8221;); the
      impact of indebtedness incurred by Itron in connection with the SSNI
      Acquisition and the potential impact on the rating of indebtedness of
      Itron; and the effects of the business combination of Itron and Itron
      Networked Solutions, Inc., including the combined company&#8217;s future
      financial condition, operating results, strategy and plans.
    </p>
    <p>
      <b>About Itron</b>
    </p>
    <p>
      Itron is a world-leading technology and services company dedicated to
      the resourceful use of energy and water. We provide comprehensive
      solutions that measure, manage and analyze energy and water. Our broad
      product portfolio includes electricity, gas, water and thermal energy
      measurement devices and control technology; communications systems;
      software; as well as managed and consulting services. With thousands of
      employees supporting nearly 8,000 customers in more than 100 countries,
      Itron applies knowledge and technology to better manage energy and water
      resources. Together, we can create a more resourceful world. Join us: <u>www.itron.com</u>.
    </p>
    <p>
      Itron&#174; is a registered trademark 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.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br><b>Itron, Inc.</b><br>Barbara Doyle<br>Vice President,
      Investor Relations<br>509-891-3443<br><u>barbara.doyle@itron.com</u><br>or<br>Rebecca
      Hussey<br>Program Manager, Investor Relations<br>509-891-3574<br><u>rebecca.hussey@itron.com</u>
    </p>
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