{"success":true,"data":{"pressRelease":{"id":"52291","rtpr_id":"nGNX5DkHvT","ticker":"ITRI","exchange":"NASDAQ","all_tickers":["ITRI"],"title":"Corsica Utility to Support Its Conservation Goals With Itron’s Smart Water Solution","author":"Globe Newswire","published_at":"2026-06-02T12:45:00.120Z","article_body":"LIBERTY LAKE, Wash., June 02, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:\nITRI), which is innovating new ways for utilities and cities to manage energy\nand water, announced that it is working with the Office d'Equipement\nHydraulique de Corse\n(https://www.globenewswire.com/Tracker?data=VkTMqDnTYyVBu5oPhX9GzbFHu1MT5ks7AtAImVmwugKYRHFrGG8NH5giUgotE_lFf9mjpEC-gOdxolUw1M4x6WVDlSxAFqxIw3ZO9HV1UPzCUD47O3dOWjk-Joj1l3M5)\n(OEHC) to support its efforts to preserve water resources and save 5 million\ncubic meters of water per year by 2035. OEHC is a public industrial and\ncommercial entity responsible for water management across Corsica, France, an\nisland in the Mediterranean Sea. The collaboration includes upgrading 10,000\nexisting mechanical meters with Itron’s Intelis(®) wSource\n(https://www.globenewswire.com/Tracker?data=yjmLk9y0C6JwUo1WBEXs2bCas4DfJXt4HkCxmz5rdjDekae9m6C2lUf91T9jbz5XYEh4-rCj_h-cc7Pajxv-a5r7cvp2VN-Iby5ZClYDvBshZ-gBKzVkWeUNNLluJxbc)\nultrasonic solid-state water meters to improve the accuracy and reliability of\nwater consumption data collected.\n\nIn a territory particularly exposed to the effects of climate\ndisruption—where 52% of abstracted water is used for agricultural and\namenity purposes—preserving water resources represents a major challenge.\nOEHC determined that while water was being delivered through its water\nnetwork, the utility was only able to bill for about 50 percent of the water\nused by end customers. This gap was driven by outdated mechanical meters that\nlimited accurate measurement of water consumption, resulting in inaccurate\nbilling.\n\n2023 marked a turning point for OEHC, as it began piloting Itron’s\nultrasonic water meters to gain better visibility into actual water use.\nFollowing a successful pilot, OEHC is now moving forward with the deployment\nof 10,000 Itron Intelis wSource ultrasonic solid-state water meters, with the\ngoal of completing deployment by 2030.\n\nWith the deployment of Itron’s smart water solutions, OEHC will benefit\nfrom:\n1. Remote meter reading, enabling more efficient collection of water\nconsumption data\n2. MID-certified metrology, providing a trusted foundation for accurate,\nbilling grade measurement\n3. Data‑driven insights to support long‑term water resource preservation,\nhelping OEHC to determine how much water to allocate towards agriculture and\nother water needs\n4. Accurate billing based on verified usage, helping to improve customer\nsatisfaction\n“On an island, responsibly managing water resources is especially crucial\ndue to limited supply and the heightened impact of environmental\nchallenges,” said Henri Politi, Head of Operations at OEHC. “With more\nthan 3,000 kilometers of water pipelines, including 2,000 kilometers dedicated\nto crop irrigation and livestock watering, we needed a metering solution that\ncould support both end users and the demands of our irrigation network. After\ndeciding to modernize our meter fleet, we selected Itron’s ultrasonic\nsolid-state water meters because they fully met our requirements for\nreliability and accuracy. The consumption data provided by these meters will\nenable us to significantly improve how we operate and manage our water\nnetworks.”\n\n“Accurate, reliable metering is essential to managing water operations,\nespecially in regions where agriculture plays a critical role,” said Justin\nPatrick, senior vice president of Device Solutions at Itron. “Across Europe,\nincluding Greece\n(https://www.globenewswire.com/Tracker?data=Y6g6sRYb4MmzZaqyYFkggER_OzloWe0sH280Yd3Bhr-LAhGf6DOA12XJLqs8OVnkkl4sGzS3Wg4Nyx8rhcOrm8SgMB68EXrkQjU-o8QxZj7YT4jTwezlJyd8mpl9lU-c9Cyde99xYd3D9zMHvnHIkzvcjN3gq19nPlj1Gi3avjjBhXhGf7BnsscYycA8qkSQ),\nTuscany and Sardinia\n(https://www.globenewswire.com/Tracker?data=fRZKxyVzcUASTDMGfZ5qsEilutikBZIV1xBek1hPKORIkIuzFcvcLI9CVh48otNFdeWXXLJcSC6wQsJQhPXDNX9zM3ayr68r5yW8XO4C-IOQkdI5UySSeM-yf0fis4on4PpXeV6k2onAzuPIzaY88jUEw9Tiqga2mAqXvwQGa2xePE7K5cw7s-rEeDxyRKmSfTpxty-7XoBBk-DQPTd4zA==)\n— another island in the Mediterranean — utilities are increasingly\ndeploying ultrasonic smart water meters to solve their challenges. These\nmeters are built to withstand harsh environmental conditions while providing\naccurate consumption data, supporting remote meter reading and enabling\nutilities and cities to better manage their water networks.”\n\nAbout Itron\n\nItron is transforming how the world manages energy, water and city services.\nOur trusted intelligent infrastructure solutions help utilities and cities\nimprove efficiency, build resilience and deliver safe, reliable and affordable\nservice. With edge intelligence, we connect people, data insights and devices\nso communities can better manage the essential resources they rely on to live\nand thrive. Join us as we create a more resourceful world: www.itron.com.\n\nItron(®), the Itron Logo, and Intelis are registered trademarks of Itron,\nInc. in the United States and other countries and regions. All third-party\ntrademarks are property of their respective owners and any usage herein does\nnot suggest or imply any relationship between Itron and the third party unless\nexpressly stated.\n\nFor additional information, contact:\n\nItron, Inc.\n\nAlison Mallahan\nSenior Manager, Corporate Communications\n509-891-3802\nPR@Itron.com\n\nPaul Vincent\nVice President, Investor Relations\n512-560-1172\nInvestors@itron.com\n\nItron, Inc.\n* LinkedIn: www.linkedin.com/company/itroninc\n* X: www.x.com/itroninc\n* Newsroom: https://itron.com/newsroom\n* Blog: https://itron.com/blog\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/9c19b3f5-9d4d-48f6-ae78-02b6b1da535e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5DkHvT","title":"Corsica Utility to Support Its Conservation Goals With Itron’s Smart Water Solution","author":"Globe Newswire","ticker":"ITRI","created":"2026-06-02T12:45:00.120Z","tickers":["ITRI"],"exchange":"NASDAQ","article_body":"LIBERTY LAKE, Wash., June 02, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ:\nITRI), which is innovating new ways for utilities and cities to manage energy\nand water, announced that it is working with the Office d'Equipement\nHydraulique de Corse\n(https://www.globenewswire.com/Tracker?data=VkTMqDnTYyVBu5oPhX9GzbFHu1MT5ks7AtAImVmwugKYRHFrGG8NH5giUgotE_lFf9mjpEC-gOdxolUw1M4x6WVDlSxAFqxIw3ZO9HV1UPzCUD47O3dOWjk-Joj1l3M5)\n(OEHC) to support its efforts to preserve water resources and save 5 million\ncubic meters of water per year by 2035. OEHC is a public industrial and\ncommercial entity responsible for water management across Corsica, France, an\nisland in the Mediterranean Sea. The collaboration includes upgrading 10,000\nexisting mechanical meters with Itron’s Intelis(®) wSource\n(https://www.globenewswire.com/Tracker?data=yjmLk9y0C6JwUo1WBEXs2bCas4DfJXt4HkCxmz5rdjDekae9m6C2lUf91T9jbz5XYEh4-rCj_h-cc7Pajxv-a5r7cvp2VN-Iby5ZClYDvBshZ-gBKzVkWeUNNLluJxbc)\nultrasonic solid-state water meters to improve the accuracy and reliability of\nwater consumption data collected.\n\nIn a territory particularly exposed to the effects of climate\ndisruption—where 52% of abstracted water is used for agricultural and\namenity purposes—preserving water resources represents a major challenge.\nOEHC determined that while water was being delivered through its water\nnetwork, the utility was only able to bill for about 50 percent of the water\nused by end customers. This gap was driven by outdated mechanical meters that\nlimited accurate measurement of water consumption, resulting in inaccurate\nbilling.\n\n2023 marked a turning point for OEHC, as it began piloting Itron’s\nultrasonic water meters to gain better visibility into actual water use.\nFollowing a successful pilot, OEHC is now moving forward with the deployment\nof 10,000 Itron Intelis wSource ultrasonic solid-state water meters, with the\ngoal of completing deployment by 2030.\n\nWith the deployment of Itron’s smart water solutions, OEHC will benefit\nfrom:\n1. Remote meter reading, enabling more efficient collection of water\nconsumption data\n2. MID-certified metrology, providing a trusted foundation for accurate,\nbilling grade measurement\n3. Data‑driven insights to support long‑term water resource preservation,\nhelping OEHC to determine how much water to allocate towards agriculture and\nother water needs\n4. Accurate billing based on verified usage, helping to improve customer\nsatisfaction\n“On an island, responsibly managing water resources is especially crucial\ndue to limited supply and the heightened impact of environmental\nchallenges,” said Henri Politi, Head of Operations at OEHC. “With more\nthan 3,000 kilometers of water pipelines, including 2,000 kilometers dedicated\nto crop irrigation and livestock watering, we needed a metering solution that\ncould support both end users and the demands of our irrigation network. After\ndeciding to modernize our meter fleet, we selected Itron’s ultrasonic\nsolid-state water meters because they fully met our requirements for\nreliability and accuracy. The consumption data provided by these meters will\nenable us to significantly improve how we operate and manage our water\nnetworks.”\n\n“Accurate, reliable metering is essential to managing water operations,\nespecially in regions where agriculture plays a critical role,” said Justin\nPatrick, senior vice president of Device Solutions at Itron. “Across Europe,\nincluding Greece\n(https://www.globenewswire.com/Tracker?data=Y6g6sRYb4MmzZaqyYFkggER_OzloWe0sH280Yd3Bhr-LAhGf6DOA12XJLqs8OVnkkl4sGzS3Wg4Nyx8rhcOrm8SgMB68EXrkQjU-o8QxZj7YT4jTwezlJyd8mpl9lU-c9Cyde99xYd3D9zMHvnHIkzvcjN3gq19nPlj1Gi3avjjBhXhGf7BnsscYycA8qkSQ),\nTuscany and Sardinia\n(https://www.globenewswire.com/Tracker?data=fRZKxyVzcUASTDMGfZ5qsEilutikBZIV1xBek1hPKORIkIuzFcvcLI9CVh48otNFdeWXXLJcSC6wQsJQhPXDNX9zM3ayr68r5yW8XO4C-IOQkdI5UySSeM-yf0fis4on4PpXeV6k2onAzuPIzaY88jUEw9Tiqga2mAqXvwQGa2xePE7K5cw7s-rEeDxyRKmSfTpxty-7XoBBk-DQPTd4zA==)\n— another island in the Mediterranean — utilities are increasingly\ndeploying ultrasonic smart water meters to solve their challenges. These\nmeters are built to withstand harsh environmental conditions while providing\naccurate consumption data, supporting remote meter reading and enabling\nutilities and cities to better manage their water networks.”\n\nAbout Itron\n\nItron is transforming how the world manages energy, water and city services.\nOur trusted intelligent infrastructure solutions help utilities and cities\nimprove efficiency, build resilience and deliver safe, reliable and affordable\nservice. With edge intelligence, we connect people, data insights and devices\nso communities can better manage the essential resources they rely on to live\nand thrive. Join us as we create a more resourceful world: www.itron.com.\n\nItron(®), the Itron Logo, and Intelis are registered trademarks of Itron,\nInc. in the United States and other countries and regions. All third-party\ntrademarks are property of their respective owners and any usage herein does\nnot suggest or imply any relationship between Itron and the third party unless\nexpressly stated.\n\nFor additional information, contact:\n\nItron, Inc.\n\nAlison Mallahan\nSenior Manager, Corporate Communications\n509-891-3802\nPR@Itron.com\n\nPaul Vincent\nVice President, Investor Relations\n512-560-1172\nInvestors@itron.com\n\nItron, Inc.\n* LinkedIn: www.linkedin.com/company/itroninc\n* X: www.x.com/itroninc\n* Newsroom: https://itron.com/newsroom\n* Blog: https://itron.com/blog\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/9c19b3f5-9d4d-48f6-ae78-02b6b1da535e)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-02T12:45:00.163883481Z","server_sent_at_ms":1780404300163},"received_at":"2026-06-02T12:45:00.299Z","source_url":null},"analysis":{"id":"41722","press_release_id":"52291","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"partnership","narrative":"Itron announced a partnership with Corsica’s public water utility, OEHC, to deploy 10,000 Intelis wSource ultrasonic smart water meters.\n\nThe project aims to replace outdated mechanical meters, addressing a 50% billing gap and helping OEHC save 5 million cubic meters of water annually by 2035.\n\nDeployment is scheduled to complete by 2030, providing Itron with a multi-year revenue stream and validating its technology in a climate-stressed Mediterranean market.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Itron secures smart water meter deal in Corsica to fix 50% billing leak."},"keyFigures":{"customDimensions":{"billing_gap":"50 percent","meters_deployed":10000,"water_savings_target":"5 million cubic meters per year"}},"quotedText":"With more than 3,000 kilometers of water pipelines, including 2,000 kilometers dedicated to crop irrigation and livestock watering, we needed a metering solution that could support both end users and the demands of our irrigation network.","namedEntities":{"people":[{"name":"Henri Politi","role":"Head of Operations at OEHC"},{"name":"Justin Patrick","role":"Senior Vice President of Device Solutions at Itron"},{"name":"Alison Mallahan","role":"Senior Manager, Corporate Communications"},{"name":"Paul Vincent","role":"Vice President, Investor Relations"}],"products":["Intelis wSource","ultrasonic solid-state water meters"],"companies":[{"name":"Itron, Inc.","ticker":"ITRI"},{"name":"Office d'Equipement Hydraulique de Corse","relationship":"partner"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"A standard commercial win/partnership announcement for a utility metering project. While it validates Itron's technology and provides future revenue, the deal size is not disclosed and the deployment timeline (by 2030) is long, limiting immediate material impact."},"tickerRelevance":{"others":[],"primary":"ITRI"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"commercial_win","sectorWeight":"moderate","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":2,"narrative":"Itron announced a partnership with Corsica’s public water utility, OEHC, to deploy 10,000 Intelis wSource ultrasonic smart water meters.\n\nThe project aims to replace outdated mechanical meters, addressing a 50% billing gap and helping OEHC save 5 million cubic meters of water annually by 2035.\n\nDeployment is scheduled to complete by 2030, providing Itron with a multi-year revenue stream and validating its technology in a climate-stressed Mediterranean market.","key_figures":{"customDimensions":{"billing_gap":"50 percent","meters_deployed":10000,"water_savings_target":"5 million cubic meters per year"}},"named_entities":{"people":[{"name":"Henri Politi","role":"Head of Operations at OEHC"},{"name":"Justin Patrick","role":"Senior Vice President of Device Solutions at Itron"},{"name":"Alison Mallahan","role":"Senior Manager, Corporate Communications"},{"name":"Paul Vincent","role":"Vice President, Investor Relations"}],"products":["Intelis wSource","ultrasonic solid-state water meters"],"companies":[{"name":"Itron, Inc.","ticker":"ITRI"},{"name":"Office d'Equipement Hydraulique de Corse","relationship":"partner"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-02T12:47:58.278Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"mid-cap","eventGravity":"commercial_win","sectorWeight":"moderate","householdBrandBoost":"low","marketCapAdjustment":"neutral"}},"durationMs":80275,"modelName":"george-droid-qwen-72b"}}