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News Release Topic: 2011

Sensus Announces Results of its Tender Offer and Consent Solicitation for its 8-5/8% Senior Subordinated Notes Due 2013

Sensus USA Inc. (“Sensus”), a leading technology company providing energy and water utility customers worldwide with innovative conservation products and services, announced today that it has accepted for purchase an aggregate of $274,980,000 (99.99%) of its 8-5/8% Senior Subordinated Notes due 2013 (the “Notes”) that were tendered in connection with its previously announced tender offer and consent solicitation.

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Sensus Introduces SmartPoint GM Transceivers for Two-Way Communication with Natural Gas Utility Meters

Natural gas utilities can now deploy any combination of walkby, drive-by or fixed-base two-way communications using Sensus SmartPoint™ GM transceivers.

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Albuquerque Bernalillo County Water Utility Authority Selects Sensus AMI Technology to Bring Advanced Metering Capabilities to Commercial Customers

The Albuquerque Bernalillo County Water Utility Authority has selected Sensus as the communications network provider for an advanced metering infrastructure (AMI) program.

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Sensus Launches Tender Offer and Consent Solicitation for its 8-5/8% Senior Subordinated Notes due 2013 and Will Host Prospective Lenders’ Meeting

Sensus USA Inc. (“Sensus”), a leading technology company providing energy and water utility customers worldwide with innovative conservation products and services, announced today that it has commenced a tender offer to purchase for cash any and all of $275,000,000 in aggregate principal amount outstanding of its 8-5/8% Senior Subordinated Notes due 2013 (the “Notes”).

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Talquin Electric Cooperative Implements Sensus Technologies for Electric and Water Services

Talquin Electric Cooperative, Florida’s 5 th largest distribution electrical cooperative, is implementing Sensus technologies for its advanced metering infrastructure (AMI) and smart metering program that will serve all 54,000 residential, commercial and industrial members in its 2,600 square mile territory.

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Sensus to Present at the U.S. Department of Energy North Carolina Smart Grid Technical Forum

Sensus will present at the 2011 North Carolina Smart Grid Technical Forum hosted by the U.S. Department of Energy and North Carolina Agricultural and Technical State University. Matt Zafuto, vice president of strategic alliances and global business development for Sensus, will present as part of an industry panel on advanced metering infrastructure (AMI) and smart metering programs.

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NRTC to Offer Sensus Smart Grid Technologies to Rural Electric Co-op Members

The National Rural Telecommunications Cooperative (NRTC) has entered into a value added reseller (VAR) agreement with Sensus.

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Sensus Becomes First Smart Grid AMI Company to Complete International Security Certification

Sensus is the first Advanced Metering Infrastructure (AMI) company to achieve overall cyber security certification after an eight-month collaborative effort with industrial testing and certification firm, Wurldtech Security Technologies. Sensus has achieved the Wurldtech Achilles Practices Certification (APC), a security best practices benchmark, in addition to the Achilles Communication Certification previously awarded for the Sensus FlexNet™ AMI communications system.

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Sensus Announces Fiscal Third Quarter 2011 Financial Results and Earnings Call

Sensus, a leading technology company providing energy and water utility customers worldwide with innovative conservation products and services, today announced financial results for the fiscal third quarter ended December 31, 2010.

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