LIBERTY LAKE, WA, Sept. 22, 2014 -- Itron, Inc. (NASDAQ: ITRI), a technology and services company focusing on the resourceful use of energy and water, has announced a new alliance with i2O Water, the U.K.-based specialist in smart pressure management for water networks. The collaboration will expand Itron's water portfolio and complete its non-revenue water (NRW) offering, enabling utilities to more efficiently manage water resources across the globe.
Itron has signed a five-year agreement to distribute i2O's Smart Pressure Management products. This new alliance will combine the strengths of each company, including Itron's role in the smart water metering space and i2O's Smart Pressure Management technology, giving Itron's customers access to a comprehensive NRW offering. Likewise, i2O's Smart Pressure Management solution joins Itron's suite of NRW products, including acoustic leak detection, district metering and analytics.
I2O's solution automatically and continuously optimizes water pressure according to consumption and day-to-day changes in flow. The technology provides utilities with visibility into network performance and remote control of pressures to reduce operating costs, better serve customers and extend the life of network infrastructure. It also conserves water resources through reduced leakage and bursts, cutting the energy consumption associated with water distribution and reducing the carbon footprint of operating distribution networks.
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About Itron
Itron is a 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. For more information, visit www.itron.com.
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