Itron and Washington State University Applied Sciences Lab (ASL) Establish Research Partnership

Itron Inc. http://www.itron.com and the Washington State University Applied Sciences Lab (ASL) http://www.asl.wsu.edu/ announced today the establishment of a research partnership between the two organizations. Itron provided a gift to ASL of $250,000, which will be matched by The Cheney Cowles Foundation. The organizations also entered into a research agreement for $450,000 over three years, for a total commitment to ASL of $700,000 over five years.

“ASL allows Itron to extend our research and development capabilities into areas of material science and other disciplines where we do not have the resources or expertise,” said LeRoy Nosbaum, Itron chairman and CEO. “This partnership allows us to move more quickly from research to real-world application and supports our efforts to build new products for energy efficiency and water conservation that will enable us to become better stewards of our natural resources. ASL provides expertise for Itron locally that we can extend globally.”

Full Story: http://wsunews.wsu.edu/detail.asp?StoryID=7199