Elster Announces Appointment of Ivo Steklac as Global Vice President of Elster Integrated Solutions

    LUXEMBOURG, October 22 /CNW/ - Elster Group, the world's leading
manufacturer and supplier of highly accurate, high quality, integrated
metering and utilisation solutions, is pleased to announce the appointment of
Ivo Steklac as global vice president Elster Integrated Solutions reporting
directly to Elster Group CEO, Jim McGivern.

    Steklac joins the Elster Group with 20 years of metering and AMI
experience, having held various leadership positions in R&D, marketing, and
general management for Schlumberger Industries, Energy and Utilities
businesses. In 2003, Steklac founded Enspiria Solutions, Inc. a consultancy
and systems integrator with a strong focus in energy management and
operational efficiency within advanced metering infrastructure (AMI), demand
response, and smart grid.

    Commenting, Ivo Steklac said: "AMI is rapidly becoming a pivotal resource
by providing an instrumented interface between the utility distribution
network and the energy consumer that can revolutionize the way energy is
distributed and consumed. Elster is a premier leader in the world's most
important metering markets, and I look forward to strengthening our
capabilities in delivering cost effective, comprehensive AMI, demand response,
and smart grid solutions to utilities worldwide."

    Jim McGivern, Elster Group CEO commented: "The opportunities for Elster
to provide value added solutions to customers based on communications
technology have never been greater. Our customers are looking to generate
operational efficiencies, improve their customer service and conserve energy.
AMI technology provides the means to achieve these goals and Elster Group is
at the forefront of developing technology and solutions to achieve those
goals. The addition of Ivo in a worldwide role to existing EIS teams in North
America and Europe strengthens our capabilities in this important market."

    For further information contact:

    Gabrielle Puccio, Director of Corporate Communications, Elster, 208 S.
Rogers Lane, Raleigh, NC 27610, 919-250-5413, gabrielle.puccio@us.elster.com

    About Elster Integrated Solutions

    Elster Integrated Solutions (EIS) based in Raleigh, North Carolina, helps
utilities improve their revenue cycle services, customer service, delivery
reliability and workforce utilization as well as implement demand response and
conservation programs. Elster Integrated Solutions delivers and integrates
metering automation solutions for utility customers so that they can better
manage their business in the area of gas, electric, and water usage as well as
facilitate new end customer programs. Whether it is mobile AMR or AMI, EIS
enables business and customer management from metering information. Core to
EIS solutions are the use of intelligent mobile and fixed network
communications. For more information, visit www.elster-eis.com.

    About Elster Group

    Elster Group is the world's leading manufacturer and supplier of highly
accurate, high quality, integrated metering and utilizations solutions to the
gas, electricity, and water industries. In addition, through its subsidiary
Ipsen International, it is the leading global manufacturer of high level
thermo-chemical treatment equipment. The group has over 8,500 staff,
operations in 38 countries and serves over 115 markets around the world.
Elster's high quality products and systems reflect the wealth of knowledge and
experience gained from over 170 years of dedication to measuring precious
resources and energy. For additional information, visit www.elster.com.

For further information:

For further information: Elster Group Gabrielle Puccio, 919-250-5413
Director of Corporate Communications gabrielle.puccio@us.elster.com

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