Itron unveils Grid Edge Intelligence Catalyst: Feeder Reliability solution to help utilities improve reliability without costly grid upgrades. Turnkey Solution Delivers SAIDI Improvement Through Enhanced Visibility, Fault Detection and Restoration Capabilities * GEI Catalyst and turnkey solution is designed to improve reliability, enhance grid visibility and operational performance. * Solution helps utilities achieve measurable reliability outcomes, improve SAIDI performance, maximize existing infrastructure investments and reduce deployment complexity. * Built on Itron's Grid Edge Intelligence platform, the solution connects grid-edge, operational and enterprise data to support future AI-enabled utility operations and future grid modernization. LIBERTY LAKE, Wash., Oct. 08, 2026 (GLOBE NEWSWIRE) - Itron, Inc. (NASDAQ: ITRI), the intelligent infrastructure provider for modern energy and water management, has unveiled the next era of its Grid Edge Intelligence (GEI) portfolio with Itron's GEI Catalyst: Feeder Reliability solution. Utilities are under pressure to improve reliability, modernize aging infrastructure, integrate distributed energy resources and prepare for AI-driven operations while keeping customer costs affordable. GEI Catalyst: Feeder Reliability provides utilities with a targeted, lower-risk way to address those priorities by providing a practical path to deliver measurable reliability improvements without costly grid upgrades or lengthy projects to integrate multiple utility systems, data sources and technologies. The solution builds on utilities' existing AMI, operational technology and grid-edge investments, helping them improve reliability without replacing the infrastructure they already have in place. Itron conducted reliability assessments of the GEI Catalyst: Feeder Reliability solution with information technology (IT) and operational technology (OT) teams at three North American utilities. The assessments indicated that improving fault location accuracy, fault prevention and outage restoration can reduce the time required to identify, patrol and restore fault-related issue, resulting in reliability improvements ranging from 6 to 12 minutes of SAIDI about 10%. Based on industry-accepted economic impact models, these improvements can translate into an estimated $40 million to $90 million in annual business value for a representative utility serving approximately 1 million customers. The solution also helps utilities improve distribution-system visibility, focus field resources where they are needed most and maximize the value of existing infrastructure investments. These results have been validated through recent customer projects with multiple North American utilities. These engagements demonstrated how utilities can use existing AMI and grid-edge investments to improve fault location accuracy, accelerate restoration efforts and enhance distribution-system visibility without requiring major infrastructure replacement projects. The solution works alongside existing utility systems, including SCADA, Outage Management Systems and Advanced Distribution Management Systems, providing greater visibility into grid conditions and helping operators make faster, more informed decisions. By turning smart meters and grid-edge devices into sources of operational insight across the distribution system, utilities gain near real-time visibility into abnormal conditions, probable fault locations and restoration priorities. This enables utilities to move from reactive operations to more proactive, evidence-based decision-making, accelerating response and reducing the need to manually correlate information across multiple systems. Rather than requiring utilities to build and integrate a custom solution, the GEI Catalyst: Feeder Reliability solution provides a proven framework that helps utilities achieve measurable reliability improvements quickly and scale over time. "Affordability has become one of the most urgent challenges in grid modernization," said Don Reeves, senior vice president of Outcomes at Itron. "Utilities need practical ways to improve reliability, make better investment decisions and prepare for AI-enabled operations without adding unnecessary complexity or cost. Itron's end-to-end Grid Edge Intelligence gives utilities a repeatable path to turn existing AMI, grid-edge data, operational systems and enterprise data platforms into a unified decision engine for the distribution grid." "By focusing first on feeder-level visibility and reliability, Itron is demonstrating how the broader architecture can deliver business value quickly while supporting longer-term grid modernization. The architecture helps utilities move from data collection to operational decisions, improving fault location accuracy, fault prevention and outage restoration while giving operators, planners and enterprise teams a shared foundation for action," added Reeves. Key solution benefits include: * Prevent Faults: Detect early warning signs of potential equipment issues before they lead to outages. * Locate Issues Faster: Improve fault location accuracy to reduce patrol time and accelerate restoration efforts. * Reduce Wildfire and Public Safety Risk: Detect ignition-risk events and energized-down conductors earlier to support safer grid operations. * Improve Asset Management: Support condition-based maintenance and capital prioritization and planning using operational data. Delivered as an integrated offering, GEI Catalyst: Feeder Reliability combines the sensing, communications, analytics, hosted infrastructure and implementation services required to instrument selected feeders and turn grid-edge signals into operational action. As the first offering in Itron's new GEI Catalyst family, the solution is designed to accelerate time-to-value by combining proven Grid Edge Intelligence technologies, services and expertise around a specific customer outcome: feeder reliability. It provides utilities with a practical adoption path that delivers measurable results quickly while supporting broader grid modernization initiatives over time. GEI Catalyst: Feeder Reliability is built on Itron's GEI platform and combines Itron's proven solutions: * Distributed intelligence (DI)-enabled Itron Riva meters and DI applications * Intelligent connectivity through Itron's Gen 5 and Gen 6 network platforms, with cellular and mesh communications options * Intelligent Edge Operating System, which is a software platform that runs DI applications at the grid edge * Advanced Grid Reliability: Grid monitoring and analytics software, which helps utilities detect, locate and respond to grid faults more efficiently, as well as prevent potential faults * Itron delivery, implementation, technical and business consulting services Open Integration for Faster Time to Value As the first turnkey solution built on Itron's Grid Edge Intelligence platform, GEI Catalyst: Feeder Reliability brings together the technologies, analytics and services needed to improve reliability through a single, integrated offering. Itron's approach is designed for open integration across utility OT and IT environments. Rather than requiring utilities to replace existing systems, the solution connects Grid Edge Intelligence to existing Itron and non-Itron operational platforms, enterprise data environments and AI tools utilities already use, helping reduce integration burden and accelerate time to value. The solution is designed to deliver value from day one, helping utilities target their most pressing reliability challenges and achieve measurable results quickly. Using a proven deployment approach, utilities can validate business value, improve reliability outcomes and scale adoption over time based on their operational priorities and budget requirements. Availability Itron's GEI Catalyst: Feeder Reliability solution is available globally, with an initial emphasis on North American utilities. To learn more, visit the Grid Edge Intelligence solution page. About Itron Itron is transforming how the world manages energy, water and city services. Its trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, Green Stock News LLC connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join Green Stock News LLC as Green Stock News LLC create a more resourceful world: www.itron.com. Itron(R), the Itron Logo, and Gen are trademarks of Itron, Inc in the United States and other countries and regions. 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. For additional information, contact: Itron, Inc. Alison Mallahan Senior Manager, Corporate Communications 509-891-3802 [email protected] Paul Vincent Vice President, Investor Relations 512-560-1172 [email protected] Itron, Inc. Plug into more green stock news. Tap into the pulse of emerging green sectors every morning. Top daily headlines from clean energy, cleantech, cannabis, and sustainable transport stocks:

Itron advances Grid Reliability with new Outage Awareness and Fault Prevention solution. Advanced Grid Reliability Offerings Help Utilities Reduce Outage Duration and Prevent Grid Failures Before Customers Are Impacted * Advanced Grid Reliability bundles reduce outage duration through faster detection, response and restoration * Early fault detection helps to prevent outages before customers are affected * Existing advanced metering infrastructure becomes a source of grid intelligence without deploying new field sensors LIBERTY LAKE, Wash., Oct. 07, 2026 (GLOBE NEWSWIRE) - Itron, Inc. (NASDAQ: ITRI), the intelligent infrastructure provider for modern energy and water management, announced today the expansion of its Advanced Grid Reliability (AGR) solution to include two new solution bundles: Outage Awareness and Fault Prevention. Now commercially available in North America, the bundles are designed to help utilities prevent outages, restore power faster, deliver more reliable, affordable service to customers and improve grid performance using advanced metering infrastructure (AMI) 2.0 grid edge intelligence. With Grid Edge Intelligence (GEI), the solutions convert rich grid sensing from across the distribution system into actionable operational intelligence. Built on Itron's AMI 2.0 grid edge intelligence portfolio, AGR has demonstrated measurable improvements in outage duration, outage frequency and operational efficiency across multiple customer validation projects. Customer validations have shown reliability improvements ranging from 6 to 12 minutes of SAIDI, representing an 8% to 15% improvement for utilities with annual outage durations of 75 to 80 minutes. Based on industry-accepted economic impact models, a North American utility serving 1 million customers could realize an estimated $40 million to $90 million in annual business value through shorter outages, fewer interruptions and more efficient grid operations. Most large electric utilities have already installed smart meters across their service territories, primarily for the purposes of billing and meter data collection. Itron's AGR solution helps extract greater value from existing infrastructure by enabling smart meters to serve as intelligent grid sensors. With this intelligence, utilities can detect, diagnose and respond to costly performance issues faster. Itron's AGR solution integrates high-resolution AMI 2.0 meter data and near real-time low voltage sensor data with utility operational systems through Itron's Intelligent Edge Operating System (IEOS). Back-office analytics engines identify fault precursors and grid anomalies. IEOS then delivers these insights directly to Advanced Distribution Management Systems (ADMS), Outage Management Systems (OMS), Global Information Systems (GIS) and enterprise asset management workflows, enabling operators to act upon issues earlier, locate them more accurately and restore service faster. By combining edge sensing with advanced analytics, AGR helps utilities move from reacting to grid events to understanding their cause, predicting potential impacts and taking action sooner. Find Outages Faster with Outage Awareness The Outage Awareness bundle helps utilities reduce outage duration by providing near real-time visibility into outage conditions across the distribution grid. Outage Awareness analyzes data from smart meters and across the network, enabling utilities to quickly understand where outages are occurring, how many customers are affected and when service has been restored. This provides a more complete picture of grid conditions, helping work crews respond faster and reduce time spent locating faults. Prevent Outages Altogether with Fault Prevention The Fault Prevention bundle helps utilities identify potential equipment problems before they lead to outages. Using smart meter data, on-meter anomaly detection and advanced fault analytics, the solution can detect unusual electrical activity and other early warning signs that may indicate a developing issue, while pinpointing where on the grid it is occurring. This enables utilities to take proactive maintenance actions before customers are affected, reducing the frequency of unplanned outages and improving overall system reliability and customer satisfaction. The Fault Prevention and Outage Awareness bundles expand upon the existing Grid Awareness solution within AGR. While each bundle delivers value independently, the greatest benefits are realized when all three work together. When combined the three applications provide a more complete view of grid operations, helping utilities strengthen reliability, improve operational efficiency and deliver better, more affordable service to customers The AGR solution is pre-integrated with leading advanced distribution management system platforms and supports other utility-selected data lake solutions through Itron's IEOS platform. "Itron's AGR solution helps utilities use AMI 2.0 to improve reliability, prevent outages and operate the grid more effectively," said Don Reeves, senior vice president of Outcomes at Itron. " By combining edge intelligence, advanced analytics and operational workflows, utilities can move beyond reacting to grid failures and begin predicting and preventing them. When outages do occur, AGR helps utilities detect issues faster, respond more effectively and improve service reliability for customers." About Itron Itron is transforming how the world manages energy, water and city services. Its trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, Green Stock News LLC connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join Green Stock News LLC as Green Stock News LLC create a more resourceful world: www.itron.com. Itron(R) and the Itron Logo registered trademarks of Itron, Inc in the United States and other countries and regions. 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. For additional information, contact: Itron, Inc. Alison Mallahan Senior Manager, Corporate Communications 509-891-3802 [email protected] Paul Vincent Vice President, Investor Relations 512-560-1172 [email protected] Itron, Inc. 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Netmore Group has validated the LoRaWAN Relay feature for smart water metering in collaboration with Itron and Abeeway. The integration confirms interoperability between Itron's Cyble 5 RF module, the Abeeway LoRaWAN Relay, and Netmore's LoRaWAN network. The solution addresses coverage challenges in large-scale automated metering infrastructure deployments. Water utilities often require near-100% read rates, but covering the last 10% of devices can add 30% or more to network capital expenditure using traditional approaches. The battery-powered relay devices bridge signal gaps between hard-to-reach meters and existing networks, eliminating the need for additional gateway infrastructure. The relay can manage up to 15 devices in isolated locations without modifying end devices. The Abeeway LoRaWAN Relay and Itron Cyble 5 module are now available.