2016-10-17

SINGAPORE–(BUSINESS WIRE)–Silver Spring Networks, Inc. (NYSE: SSNI) today announced that it has

been named the Frost Sullivan 2016 Asia-Pacific Smart Grid Service

Provider of the Year. Each year, Frost Sullivan recognizes a company

in the smart grid industry through its evaluation of leadership,

technological innovation, customer service, and strategic product

development. Silver Spring delivers a proven platform, solutions and

services used by major utilities and cities around the world to support

multiple smart grid, smart city and other industrial Internet of Things

(IoT) applications. With more than 2.5 million enabled devices delivered

in Asia-Pacific, Silver Spring helps some of the region’s most standout

energy providers, including AusNet

Services, CESC,
CitiPower

Powercor, Horizon

Power, Jemena,
Singapore

Power, SmartCo,
Unison,
United

Energy, WEL

Networks and Western

Power, to modernize their infrastructure, to help their customers

improve energy management and to increase grid reliability.

“Silver Spring Networks has helped shape the face of the smart grid

services industry in the Asia-Pacific region by showcasing its

unparalleled services,” said Avanthika Satheesh, Industry Analyst,

Energy Environment Practice, Asia Pacific, Frost Sullivan. “The

company is at the forefront of smart grid services by offering effective

solutions for the challenging and evolving demands of the smart grid

market, while meeting and exceeding the demands of its customers.”

“As the demand for the digitization of the grid increases in

Asia-Pacific, we believe that we can offer the most flexible and

reliable smart grid services and solutions to meet the diverse needs of

the industry in the region,” said Eric Dresselhuys, Co-Founder and EVP

of Global Development, Silver Spring Networks. “We are truly honored to

be recognized by Frost Sullivan as the ‘Asia-Pacific Smart Grid

Service Provider of the Year,’ as we aim to help more customers realize

the benefits that can be delivered through our technology and our

expertise for building a smarter world of intelligent, connected

devices.“

With its fifth generation platform – Gen5 – Silver Spring can offer

operators speeds up to 2.4 Mbps, simultaneous mesh communication on both

sub-Gigahertz and 2.4 GHz frequencies, integration of 4G LTE

communications, and industry-leading performance, reliability, security

and scalability. By leveraging a number of global and local partners

from Silver Spring’s robust partner ecosystem, Silver Spring’s

standards-based Gen5 technology can also help operators implement a wide

range of applications using a common platform.

For more information, please visit: www.silverspringnet.com/Gen5.

Join the Silver Spring Networks Conversation

Read more on the Silver Spring Connect blog at
www.silverspringnet.com/blog

Follow @SilverSpringNet on Twitter

Like Silver Spring Networks on Facebook at www.facebook.com/silverspringnetworks

Learn more about the Wi-Sun Alliance and the value of open

standards-based IoT networking at www.wi-sun.org

About Silver Spring Networks

Silver Spring Networks is a leading networking platform and solutions

provider for smart energy networks. Silver Spring’s pioneering IPv6

networking platform, with over 24.3 million Silver Spring enabled

devices delivered, is connecting utilities to homes and businesses

throughout the world with the goal of achieving greater energy

efficiency for the planet. Silver Spring’s innovative solutions enable

utilities to gain operational efficiencies, improve grid reliability,

and empower consumers to monitor and manage energy consumption. Silver

Spring Networks’ customers include major utilities around the globe such

as Baltimore Gas Electric, CitiPower Powercor, Commonwealth Edison,

Consolidated Edison, CPS Energy, Florida Power Light, Jemena

Electricity Networks Limited, Pacific Gas Electric, Pepco Holdings,

Progress Energy, and Singapore Power, among others. To learn more,

please visit www.ssni.com.

Forward-Looking Statements

This press release contains forward-looking statements about Silver

Spring Networks’ expectations, plans, intentions, and strategies,

including, but not limited to statements regarding the benefits of

Silver Spring’s platform, solutions and services and the performance of

its fifth generation platform. Statements including words such as

“anticipate”, “believe”, “estimate”, “expect” or “future” and statements

in the future tense are forward-looking statements. These

forward-looking statements involve risks and uncertainties, as well as

assumptions, which, if they do not fully materialize or prove incorrect,

could cause our results to differ materially from those expressed or

implied by such forward-looking statements. The risks and uncertainties

include those described in Silver Spring Networks’ documents filed with

or furnished to the Securities and Exchange Commission. All

forward-looking statements in this press release are based on

information available to Silver Spring Networks as of the date hereof.

Silver Spring Networks assumes no obligation to update these

forward-looking statements.

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