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Silver Spring Networks Named One of the World’s Most Innovative Energy Companies by Fast Company Magazine

Redwood City, CA, - February 19, 2010 - Silver Spring Networks, a leading provider of Smart Grid solutions, announced today that it has been named one of the world’s most innovative energy companies in the March 2010 issue of Fast Company magazine. Editors honored Silver Spring for the widespread adoption of its Smart Energy Platform by North America’s most progressive utilities, as well as the breadth and depth of its Smart Grid deployments. Fellow honorees in the energy category include Silver Spring utility client, Pacific Gas & Electric, as well as Recurve, First Solar and NextEra Energy Resources.

“It’s an honor to be recognized by the editors of Fast Company as one of the world’s most innovative companies alongside the exceptional nominees in this category,” said Scott Lang, Chairman, President, and CEO of Silver Spring Networks. "We feel privileged to apply our innovative smart grid solutions to begin solving the world’s energy challenge. This recognition honors the work of Silver Spring employees and our clients."

About Silver Spring Networks

Silver Spring Networks is a leading smart grid networking platform technology and solutions provider. We have connected over 10 million homes and businesses throughout the world with the goal of achieving greater energy efficiency for the planet. Our innovative products enable utilities to gain efficiencies,integrate renewable energy sources and empower customers to monitor and manage energy consumption. Silver Spring Networks’ utility clients include Baltimore Gas & Electric, CitiPower & Powercor, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric and Pepco Holdings, Inc. among others.  For more information please visit www.silverspringnet.com.

About FAST COMPANY

FAST COMPANY is an award-winning monthly magazine, Web site, and digital distribution platform that covers the business of innovation like no other media source. Editor Robert Safian was named AdWeek's Editor of the Year in 2009. FastCompany.com, under the auspices of executive editor Noah Robischon and publisher Christine Osekoski, has tripled traffic and revenue year over year. FAST COMPANY is owned by Joe Mansueto, founder and owner of Morningstar, a leading provider of independent investment research.

Media Contact:
Silver Spring Networks
Cara Ryan
Ryanc@ruderfinn.com
(212) 715-1595

Fast Company
Jocelyn Hawkes
media@fastcompany.com
(212) 389-5435