Silver Spring’s Multi-Application IPv6 Network to Establish Citywide Canopy and Help Pioneering UK City Create a Living Lab for Innovation and Foundation for Growth
London, UK – March 10, 2015 – Today, Silver Spring Networks, Inc. (NYSE: SSNI) announced that it has been selected for the ‘Bristol is Open’ smart city programme, a joint venture between Bristol City Council and the University of Bristol in the UK. The programme will deploy Silver Spring’s standards-based IPv6 wireless network across the city, connecting a variety of smart city sensors and creating a ‘living innovation lab.’ Qualified start-up businesses, entrepreneurs, and academic institutions will be able to leverage the resulting sensor data and insights to prototype new smart city applications and services. Silver Spring will also connect existing city assets, such as street lights in the Brunel Mile and other centrally located areas, enabling Bristol to rapidly demonstrate the economic and energy benefits of intelligent street lighting. The same network canopy can also be used for other advanced smart city applications such as parking meters, traffic light and congestion sensors, safety cameras, air quality sensors, weather sensors, public transportation sensors, remote personal healthcare monitors, and acoustic detection.
“Silver Spring’s proven Internet-of-Things platform helps ensure ubiquitous connectivity across the entire Bristol metropolitan area and enables Europe’s hottest start-ups and brightest academics to securely trial new smart city applications and services that will help drive the future digital economy in the UK,” said Eric Dresselhuys, EVP of Sales and Global Development, Silver Spring Networks. “Our commitment to open standards offers Bristol maximum choice of interoperable devices, software, and partners to help turn the living laboratory concept into reality, while providing start-ups with a global market place for their innovations.”
Paul Wilson, Managing Director of Bristol Is Open said, “We are building in Bristol the world’s first open programmable city, a groundbreaking project aimed at providing a platform for the development of applications that will promote innovation and deliver a better quality of life. After a fair and open competition we are delighted to be working with Silver Spring Networks. A variety of factors informed our decision, one of which was Silver Spring Network’s ability to support an open Software Defined Network environment. We look forward to working together in the spirit of innovation as we break new ground.”
Silver Spring’s award-winning smart city solution helps connect critical infrastructure in iconic global cities such as Chicago, Copenhagen, Glasgow, Melbourne, Paris, Sao Paulo, San Francisco, and Singapore, and includes what is believed to be the largest smart street light project in the world, nearly 500,000 networked lights across Miami and South Florida. Silver Spring’s solution enables multiple applications and services to leverage a common network, control and data platform to help drive economic, sustainability, transportation, energy efficiency, and safety initiatives.
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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 20 million Silver Spring enabled devices delivered, is connecting utilities to homes and business 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, 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.silverspringnet.com.
Silver Spring Networks
About Bristol Is Open
How cities work is changing. Bristol Is Open is a research infrastructure to explore developments in software, hardware and telecom networks that enable more interaction between people and places and more machine-to-machine communication. The project uses a high performance software defined network as the city operating system, then internet of things platforms and big data analytics feed an emerging number of smart city applications. This is giving people more ability to interact, work and play with the city that they live in, and will help cities address some of the biggest challenges of modern urban life. This is the Open Programmable City – http://www.bristolisopen.com/
Bristol City Council
This press release contains forward-looking statements about Silver Spring Networks’ expectations, plans, intentions, and strategies, including, but not limited to statements regarding the scope and benefits of Silver Spring’s engagement with “Bristol is Open” and the benefits Silver Spring’s smart city solution to, cities and citizens. 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 the successful implementation and deployment of the engagement with the Bristol City Council, as well as 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.