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Tue, February 3, 2009

Tendril and Itron Partner to Further Smarten the Smart Grid


Published on 2009-02-03 05:31:19, Last Modified on 2009-02-03 05:32:38 - Market Wire
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SAN DIEGO--([ BUSINESS WIRE ])--[ Tendril ], a leading provider of open, demand side residential energy management solutions for the utility industry and [ Itron ] (NASDAQ:ITRI), the world's leading provider of metering, data collection and utility software solutions, today announced that they have entered into a formal integration and reseller agreement that will extend the reach of the [ Tendril Residential Energy Ecosystem (TREE) ] and provide seamless integration over [ OpenWay ][ ® ][ by Itron ].

The agreement will leverage Itron's experienced sales force and allow them to resell Tendril's industry-leading TREE energy management solution to utilities and energy retailers nationwide. The program also includes all points of contact and integration with the TREE Platform, including meter and AMI backhaul technologies, Home Area Network (HAN) device manufacturers, utility billing and customer care systems and other third-party energy management service providers.

"We are very excited to be able to leverage the expertise of the Itron sales force as we continue to extend the reach of our TREE platform," said Adrian Tuck, CEO, Tendril. "The years of experience that Itron has selling to utilities and energy retailers makes them an invaluable asset to Tendril."

"Smart metering deployments continue to advance in size and scope," said Russ Vanos, vice president of marketing, Itron. "As these AMI rollouts move forward, solutions such as the TREE underscore the value of dynamic demand response technology that fully leverages the power of two-way communication."

About TREE

The TREE Platform is an enterprise-class energy management software solution for utilities and energy retailers. Designed to support multiple energy management applications simultaneously, including energy efficiency, demand response and pricing, TREE provides a complete solution that is scalable, unified and optimized for seamless integration with the utility back-office, a variety of meter networks, and ZigBee® enabled devices.

The TREE platform is the first unified energy management platform with an open, standards-based architecture that can scale to support millions of homes and their smart energy devices. An open set of APIs allows for seamless integration with new user interfaces and existing back-office enterprise systems, including meter management and billing systems, as well as load-monitoring and security applications.

The TREE platform can be accessed by consumers in various ways including, the energy management Web portal, mobile devices, an energy management widget, smart thermostats and smart in-home displays. These devices provide access and information about the other devices in the Home Area Network (HAN) as well as details on their energy consumption and billing information. The utility back-office portal provides energy retailers with the ability to monitor and manage millions of HANs simultaneously, and communicate directly with their customers regarding service and support in real-time.

About Itron OpenWay

OpenWay is an open-architecture AMI solution that has been specifically designed to meet the ever-changing requirements utilities face. Itron's firm commitment to a standards-based, open solution architecture for OpenWay fundamentally changes the landscape for AMI technology by giving utilities the freedom to adopt best in class elements throughout their network. This highly flexible approach to system design also mitigates the risks associated with current-generation systems that rely on proprietary communications while opening the door to innovation and integration with complementary technologies.

About Tendril

Tendril enables true 21st century energy efficiency by establishing a dialog between consumers and their energy providers. The Tendril Residential Energy Ecosystem (TREE) is comprised of an open, extensible and standards-based platform for energy management, a comprehensive suite of energy management applications (like Demand Response and Time-of-Use Pricing) and a suite of in-home hardware devices (like thermostats and outlets). TREE is a comprehensive and consumer-centric solution that is designed to integrate seamlessly with a Utility's or Energy Retailers' existing back office applications and network infrastructure allowing consumers and their energy companies to communicate, collaborate and create -- Smart Energy for Life™. For more information, visit: [ www.tendrilinc.com ].

About Itron

Itron Inc. is a leading technology provider to the global energy and water industries. Itron Inc. consists of Itron in North America and Actaris outside of North America. Our company is the world's leading provider of metering, data collection and utility software solutions, with nearly 8,000 utilities worldwide relying on our technology to optimize the delivery and use of energy and water. Our products include electricity, gas and water meters, data collection and communication systems, including automated meter reading (AMR) and advanced metering infrastructure (AMI); meter data management and related software applications; as well as project management, installation and consulting services. To know more, start here: [ www.itron.com ].

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