Silver Spring Networks Announces Starfish™ Expansion to Stockholm

Today at Smart Cities Summit, Silver Spring Networks, Inc. (NYSE:SSNI) announced the initial applications leveraging the latest deployment of Starfish™ in Stockholm, Sweden. Starfish is Silver Spring’s international Internet of Things (IoT) public cloud network and data service that arms commercial enterprises, cities, utilities, and developers with two-way command-and-control, near-real time telemetry and industrial-grade security to every device.

As part of the EU-funded ‘GrowSmarter’ program, Silver Spring also announced today that it has been selected to initially deploy its standards-based IPv6 platform and solutions to upgrade aging lighting infrastructure with intelligent street light controls in the capital of Sweden, and to demonstrate the benefits of open standards in this area. GrowSmarter aims to deliver smart innovation energy, infrastructure and mobility solutions in three Lighthouse Cities – Stockholm, Sweden, Barcelona, Spain and Cologne, France – to achieve goals such as reducing greenhouse gas emissions by 60 percent and creating an estimated 1,500 jobs.

“Cities and the industry need to collaborate more closely together on innovation to break the status quo of silos and drive more horizontal-focused models,” said Gustaf Landahl, Head of Departments, City of Stockholm. “Through GrowSmarter’s program and solutions such as those delivered by Silver Spring Networks, Stockholm is closer to meeting its larger sustainability and energy efficiency goals.”

“We see great synergy between GrowSmarter’s program goals and Silver Spring’s own vision of a horizontal platform helping to stimulate sustainable innovation within the constraints of city bureaucracy and governance,” said Eric Dresselhuys, Executive Vice President of Global Development, Silver Spring Networks. “By demonstrating the efficacy of open standards in enabling interoperability within intelligent lighting systems, we are thrilled to offer Starfish in Stockholm, and to help contribute to the city’s larger economic development and sustainability goals.”

Stockholm will join other cities around the world where Starfish will first be available including Bristol, Copenhagen, Glasgow, London and in Crossmolina, Ireland in Europe; in Chicago, Providence, San Antonio and San Jose in the U.S.; and in Kolkata, India.

To learn more on Starfish, join Silver Spring’s European Commercial Director for Smart Cities, Brian McGuigan, for a presentation on September 21 at 14.40-15.00 GMT at the Smart Cities Summit in Olympia, London. Or visit www.ssni.com/starfish.

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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 24.3 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, Consolidated 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.ssni.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 the benefits of Silver Spring’s Starfish platform; the scope of Silver Spring’s engagement with GrowSmarter; and the future availability of Starfish. 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 of the engagement with GrowSmarter in Stockholm, 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.

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