Silver Spring Networks Applauds CEPT Outcome to Free Up Additional Radio Spectrum in Europe

Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking platform and solutions provider for smart energy networks, today expressed its support for the CEPT’s framework for members to rationalize spectrum use at 870-875.6 MHz within European countries. Within the CEPT framework, 5.6 MHz of spectrum (870-875.6 MHz) has been allocated for use by systems such as “Metropolitan and Rural Area Networks (MRANS),” also widely known as wireless mesh machine-to-machine (M2M) networks. CEPT is the organization that represents the national regulatory authorities (NRAs) of 48 European countries.

“We take for granted the everyday use of wireless WiFi and Bluetooth, but these technologies and their immense societal value came about because of the wisdom to make the 2.4 and 5.8 GHz bands license exempt (i.e., unlicensed),” said James Pace, Managing Director of European Markets, Silver Spring Networks. “Likewise, we believe the release of license exempt sub-GHz spectrum will unlock billions of Euros in value for the widespread deployment of many M2M solutions, whose business cases are often broken when licensed spectrum technologies are the only option.”

“This is an important step in rationalizing cross-border spectrum use and helping further ensure the reliable and secure implementation of large-scale M2M networks across Europe,” Mr. Pace continued. “We are currently deploying our technology in a number of European countries and we look forward to continuing to help our customers realize the benefits of increasingly advanced smart grid and smart city networks.”

The CEPT’s designation of additional license exempt spectrum for M2M is the first step in the release of spectrum for broad commercial use across Europe. With the framework now in place, individual CEPT member countries can now proceed to allocate spectrum for use in a variety of machine-to-machine, smart grid, and smart city wireless networks, among others. The market certainty provided by this decision and corresponding standards will help result in cost effective radio implementations of benefit to all European citizens.

About Silver Spring Networks

Silver Spring Networks (NYSE: SSNI) is a leading networking platform and solutions provider for smart energy networks. Silver Spring’s pioneering IPv6 networking platform, with over 18 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, 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.

Forward-Looking Statements

This press release contains forward-looking statements about the benefits of the CEPT unlicensed spectrum recommendation, and the impact on Silver Spring Networks and its European customers. 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.