“Utilities are entering a new age; they need to reach higher efficiency in terms of distribution, loss reduction, engagement with their clients and demand response. As a technology company, we like to team up with our clients to understand their needs and work hard to deliver the best, timely solutions possible. This alliance with Itron will allow both sides to serve better and faster,” said Javier Zarama, CEO of PrimeStone.

About Itron

Itron is a global technology company. We build solutions that help utilities measure, monitor and manage energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement and control technology; communications systems; software; and professional services. With thousands of employees supporting nearly 8,000 utilities in more than 100 countries, Itron empowers utilities to responsibly and efficiently manage energy and water resources. Join us in creating a more resourceful world; start here: www.itron.com.

About PrimeStone

PrimeStone is a well-established software development company since 1990 that is focused on providing sophisticated Smart Grid applications and solutions, for data collection, validation, management, control and information exchange between meters and other devices for the power industry. Our experienced staff is headquartered in Bogota, Colombia, with satellite offices and authorized distributors located strategically in many countries. Visit us at: www.primestone.com.

Copyright Business Wire 2010

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