City Utilities of Springfield Selects Silver Spring Networks for Smart Electricity, Gas and Water System

Silver Spring Networks, Inc. (NYSE:SSNI) today announced that it has been selected for an advanced, multi-application smart grid deployment for City Utilities of Springfield, a community-owned utility delivering electricity, natural gas and water services to more than 106,000 customers in southwest Missouri. City Utilities’ advanced smart grid program is expected to unlock increased customer value by leveraging Silver Spring’s unified network platform and managed services across its three different services. It is also expected to deliver improved service reliability, reduced operating costs, greater energy efficiency, and to empower City Utilities’ customers to make better energy and water usage decisions.

“We are honored to help City Utilities leverage some of the industry’s most advanced technology to deliver smart electricity, water, and gas services to their customers,” said Eric Dresselhuys, EVP of Global Sales and Development, Silver Spring Networks. “Multi-service municipal utilities face complex challenges in managing separate distribution networks for each service and we applaud City Utilities’ ‘no compromise’ approach to delivering lasting benefits for its customers. City Utilities’ program is expected to deliver benefits on par with the best global projects and set a new standard for public power providers.”

“Silver Spring’s multi-application networking platform allows us to better manage and reduce operational costs,” said Scott Miller, General Manager, City Utilities. “This solution provides innovative options for all of our customers.”

“This agreement with City Utilities continues the great momentum that Silver Spring has built in addressing the specific needs of public power providers,” continued Dresselhuys. “We expect to expand further into this market and increase our investments in this space.”

Silver Spring offers a ready-to-deploy Municipal and Cooperative Smart Grid Solution that makes it easy to rapidly scope, deploy and test results for capabilities such as sophisticated Advanced Metering Infrastructure for electricity, water, and natural gas customers, Demand Response, Distribution Automation, and other critical infrastructure applications over time. Silver Spring is already working with municipal and cooperative utilities such as CPS Energy, Modesto Irrigation District, Sacramento Municipal Utility District, Snohomish County Public Utility District and others, to unlock smart grid benefits for their consumers today.

For more information, visit www.silverspringnet.com/bigsolutions.

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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 19 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.

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 Silver Spring Networks’ multi-application smart grid deployment with City Utilities of Springfield, the benefits of that deployment to City Utilities and its customers, and Silver Spring Networks’ intentions to expand further into and increase its investments in the public power market. 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.