Sensus Announces New Chief Financial Officer

RALEIGH, N.C., Dec. 8 /PRNewswire/ — Sensus announced today that Jeffrey
Kyle has joined the Company as its Chief Financial Officer effective December
8, 2008.

Jeffrey brings to Sensus over 20 years of finance and operations
experience with leading international electronic companies, including Tandem
and Sandisk. Most recently, he was with Power-One, Inc., a global designer
and manufacturer of power supplies and energy products, listed on NASDAQ,
first as Vice President of Operations and later Chief Financial Officer.

“I am extremely delighted to welcome Jeffrey to Sensus and add him to our
team,” said Peter Mainz, Chief Executive Officer and President. “Jeffrey
brings broad financial and operational experiences and strong leadership
developed from years in the high tech environment. These experiences will be
a valuable asset to Sensus and our continued success.”

Jeffrey holds a Bachelor of Science degree in Finance & Accounting from
University of Oregon and is a licensed Certified Public Accountant. He will
be based at Sensus’ Corporate Headquarters in Raleigh, NC.

About Sensus Metering Systems

The Sensus Metering Systems companies are leading world-class providers of
high-value metering, Advanced Metering Infrastructure (“AMI”) and Automatic
Meter Reading (“AMR”) system solutions for water, gas, electric and heat
utilities as well as sub-metering entities globally. Additional linked
businesses include Smith-Blair, a leading provider of pipe clamp and coupling
products for the water, gas and industrial markets, and Sensus Precision Die
Casting, which produces complex, high quality die-castings. For more
information, please visit the company’s Web site at www.sensus.com.

SOURCE Sensus Metering Systems