Liberty Lake, WA, U.S.A. --- (METERING.COM) --- December 20, 2011 - Itron and Panasonic have announced a partnership agreement to design and deliver innovative gas smart metering solutions to utilities in Europe.

Through the partnership, Itron will leverage Panasonic's ultrasonic sensor technology to enhance its new residential static meters. It will provide utilities planning for large scale smart meter deployments in Europe with a solution that offers a highly accurate and reliable communicating metering solution.

Additionally, the two companies are working together to integrate key hardware electronics operating on low power radio into Itron's advanced gas data collection solution.
 
“This partnership with Panasonic demonstrates our dedication to expanding our portfolio by offering solutions of the highest quality and of the greatest reliability,” said Jean-Paul Piques, Itron marketing director, Energy, EMEA.

“Working on these projects with Itron has enabled us to leverage our 30 years of expertise in electronic gas metering and high performance radio frequency technology to serve the metering industry of Europe,” added Masanori Iwai, Panasonic global marketing manager, gas meter devices.

With the EU target of at least 80 percent of homes have a smart meter fitted by 2020 and growing public concern for energy use reduction, the demand for gas smart metering solutions for residential applications in Europe is expected to grow rapidly.