1. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 1 © 2005, Itron Inc. OpenWay TM by Itron Advanced Metering Infrastructure (AMI) © 2005, Itron Inc.

2. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 2 What is AMI ?  AMI is the use of Smart Meters with advanced two-way communication technologies that enables utilities to meet their business needs regarding meter data collection & customer service, empower ALL their customers to actively and frequently participate in demand response and energy conservation and help move towards a smart grid.

3. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 3 What is OpenWay?  OpenWay deploys standards-based open architecture to build a network of smart OpenWay CENTRON meters, OpenWay Gas Modules, and ZigBee-based demand response devices with advanced two-way communication technologies, that enables utilities to: >Meet the business & operational needs for meter data collection, service connect & disconnect & advanced billing >Empower all customers to actively and frequently participate in demand response and energy conservation >Help move toward a smart grid

4. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 4 Advanced Metering by Itron © 2008, Itron Inc.

5. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 5 Advanced Metering by Itron The OpenWay Advantage  Full two-way communication to each meter  Multiple-channel interval data collection  Integrated mass market demand response  A built-in communication pathway to the home  Extensive “Smart Grid” feature/functionality Complete Communications Flexibility  Uses ANSI C12.22 protocol for networked meter communications  Independent of particular network communications technology  Supports multiple transport technologies–RF, BPL, and any IP-based communications network © 2008, Itron Inc.

6. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 6 Itron’s Commitment to the AMI Market  Extensive R&D and manufacturing capabilities- unparalleled in the industry  Unparalleled product feature set that is cost optimal – yet future proof  Ability to deliver and deploy the solution successfully

7. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 7 OpenWay – A Vision of the Future  Detailed engagement on Intelligent Grid >Distribution Automation is not Intelligent Grid >IP addressability does not make an intelligent Grid  Market leadership by successful field deployments  Engagement in customer business processes and practices  Continued engagement at the regulatory front

8. The Itron logo is integrated into the background and can not be modified, moved, added to, or altered in any way. Slide Heading Style 24pt Arial Regular Red - R192 | G0 | B0 Maximum number of lines: 1 Template release: May 2006 For the latest, go to my.itron.com Indications in green = Live content Indications in white = Edit in master Indications in blue = Locked elements Slide Body Text Style 18pt Arial Regular Black Bullet Style 14pt Arial Regular Red - R192 | G0 | B0 Maximum number of bullet indents: 4 Copyright Style 6pt Arial Regular Black Page Number Style 6pt Arial Regular Black 8 Thank You!