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Smart Meter Manufacturers’ Association of America Formed By Industry-Leading Suppliers

Smart Meter Manufacturers’ Association of America Formed By Industry-Leading Suppliers

Newly Created Group Provides Forum for Discussing Smart Meter Policies and Educating Utility Industry Stakeholders

Washington, D.C. — June 13, 2011 — The Smart Meter Manufacturers’ Association of America (SMMAA) announced its formation today. SMMAA, composed of all the major meter manufacturers in America, is a nonprofit organization with a focus on smart meter advocacy and education. The association will promote thought leadership and improve awareness in relation to smart meter standards, implementation, legislation, manufacturing and other relevant subjects. Echelon (NASDAQ: ELON), Elster (NYSE: ELT), GE (NYSE: GE), Itron (NASDAQ: ITRI), Landis+Gyr and Sensus are the founding members and representatives from each company reside on the board, with a rotation in the presidency.

“Because the smart meter is such a foundational component of the evolving intelligent grid, we see the need to better inform industry stakeholders—from regulators and legislators to media and consumers—about smart meters and smart grid benefits," said SMMAA President David Elve. "Our group is collaborating on top-of-mind subjects and creating a unified voice with the goal of moving the industry forward through policy. While our companies are competitors for utilities’ smart meter business, in the area of public policy, we stand on common ground in our desire for well-reasoned smart grid regulation and incentives to advance the market.”