Press release

Raleigh, North Carolina, December 19, 2007 Elster joins EPRI IntelliGrid program

Elster, the world’s leading manufacturer and supplier of highly accurate, high quality, integrated metering and utilization solutions, announced today that it has joined the Electric Power Research Institute (EPRI) IntelliGrid program.

EPRI’s IntelliGrid program performs research, development and demonstrations with participation and funding from member electric utilities, public agencies, leading equipment manufacturers and others to establish the vision for the smart or digital-age power grid.

“We are excited to have Elster join the IntelliGrid program,” said Don Von Dollen, EPRI IntelliGrid program manager. “Elster brings another level of technical expertise to the broad consortium of companies that will refine the IntelliGrid vision and lead to advancements in making the smart grid a reality.”

Elster Electricity vice president of products and quality David G. Hart said, “EPRI is the recognized leader in the development of the utility of the future. Elster is committed to supporting industry standards and to providing innovative solutions to our customers. We believe the EnergyAxis® System AMI mesh technology is the foundation you can depend on for building the utility of the future.”

Elster’s EnergyAxis System delivers advanced metering infrastructure (AMI) solutions to manage installed devices and retrieve related metering information. Elster has the largest two-way mesh radio frequency AMI deployment in North America and has already shipped more than 1 million smart meters.

EnergyAxis AMI solutions work for urban, suburban, residential, commercial and industrial applications and range from high density metropolitan environments to lightly populated areas including remote rural villages in Alaska. EnergyAxis installations span the globe with deployments in North America, Central America, Australia, New Zealand and the Caribbean.