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Landis+Gyr Wins Three-Year Agreement to Supply 450,000 Smart Meters in Idaho, Oregon

LAFAYETTE, Ind., Sept. 22 /PRNewswire/ -- Landis+Gyr, the global leader in energy management offering utilities next generation "smart grid" solutions, announced today a three-year agreement to supply 450,000 Advanced Metering Infrastructure (AMI) residential FOCUS(TM) meters to northwest utility Idaho Power Company.

Mark Heintzelman, Idaho Power project manager said: "Utilizing Landis+Gyr meters equipped with TWACS communications modules (from Aclara) enables direct two-way communication between Idaho Power and our customer meters. This technology provides timely electricity usage information, helping our customers understand and manage how their homes and businesses use energy."

The value of purchase orders anticipated to be issued to Landis+Gyr under this contract is approximately $10 million and the system is expected to be deployed for Idaho Power customers inIdaho andOregon over a three-year period beginning in early 2009.

Richard Mora, President and CEO of Landis+Gyr North America, said: "Forward-looking utilities like Idaho Power are choosing Landis+Gyr's smart meters and smart grid solutions so their customers can manage energy better.'"

    For more information, customers please contact:
    Dale Williams
    Vice President Corporate Marketing & Communications
    Landis+Gyr Inc.
    (765) 429-1335
    dale.williams@us.landisgyr.com

    Media please contact:
    Thor Valdmanis
    FD
    (212) 850-5696
    thor.valdmanis@fd.com

About Landis+Gyr

Landis+Gyr is the leading provider of integrated energy management solutions tailored to energy company needs. With a global presence and a reputation for quality and innovation, Landis+Gyr is unique in its ability to deliver true end-to-end advanced metering solutions. Today, the Company offers the broadest portfolio of products and services in the electricity metering industry, and is paving the way for the next generation of smart grid. With annualized sales of more than US$1.25 billion, Landis+Gyr operates in 30 countries across five continents, and employs over 5,000 people with the sole mission of helping the world manage energy better. For more information please visit www.landisgyr.com.

SOURCE Landis+Gyr

Tags: ,OIL,UTI,CON,IN-L and is+GyrContract
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