Internet of Things Pioneer Recognized for Helping Improve Sustainability, Increase ROI, and Create More Economic Opportunity for Cities Around the World
Redwood City, CA – January 13, 2015 – Silver Spring Networks (NYSE: SSNI) today announced that it has been recognized with the 2014 M2M Evolution IoT Excellence Award from TMCNet.com and Crossfire Media. Silver Spring connects over 20 million devices for critical infrastructure on five continents, including such iconic cities as Chicago, Copenhagen, Glasgow, Melbourne, Miami, Paris, Sao Paulo, San Francisco, and Singapore. The Silver Spring Smart City solution enables cities and utilities to help reduce energy costs, increase operational savings, improve public safety, and establish multiple smart city application and services such as smart street lights and traffic controls, health and safety sensors, electric vehicle chargers, smart transportation networks, and smart energy grids.
“With billions of devices coming online, Silver Spring is making the IoT a reality by helping cities and utilities operate more efficiently, lower carbon emissions, improve reliability, and empower citizens with new smart city and smart energy services,” said Brandon Davito, Vice President, Smart Lighting and Cities, Silver Spring Networks. “We are honored to receive this award, as it affirms our position as a leading provider of IoT platforms for mission critical infrastructure and demonstrates the value that we are bringing to our customers and partners.”
The Silver Spring Smart City solution can also be delivered to cities, utilities, and energy service providers through a Network-as-a-Service offering, where Silver Spring will deploy, manage, and operate the network to help the customer avoid upfront capital equipment and deployment costs, and reduce operations and management costs. Silver Spring has one of the industry’s largest ecosystems to deliver a wide range of IoT applications and devices atop a standards-based platform, ensuring technology interoperability to drive higher quality and lower costs for cities and utilities.
For more information on the Silver Spring Smart City solution please visit www.silverspringnet.com/smartcities.
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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
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 Network’s Smart City solution and Network-as-a-Service offering, as well as Silver Spring Networks’ projects in Chicago, Copenhagen, Glasgow, Paris, Melbourne, Miami, Sao Paulo, San Francisco, and Singapore. 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.