Silver Spring Networks Selected by SP PowerAssets for Advanced Metering Infrastructure

  Silver Spring Networks Selected by SP PowerAssets for Advanced Metering
  Infrastructure

 Industry Innovators Partner to Deliver Highly Efficient, Reliable and Secure
                     21^st Century Energy Infrastructure

Business Wire

REDWOOD CITY, Calif. -- March 27, 2013

Silver Spring Networks, Inc., (NYSE: SSNI) a leading networking platform and
solutions provider for smart energy networks, today announced it has been
appointed by SP PowerAssets Limited (SPPA) to deliver the network and control
platform for the initial phase of its advanced metering infrastructure (AMI)
project. Under this contract, SPPA, which is a member of the Singapore Power
Group and owns the electricity transmission and distribution assets in
Singapore, will deploy Silver Spring’s IPv6-based wireless networking platform
across its service territory.

"As a global industry leader, SPPA is widely recognized for its business and
technological innovations in delivering reliable and secure energy to one of
the most advanced economies on Earth – we are honored to partner with them on
this next-generation AMI deployment," said Scott Lang, Chairman, President &
CEO, Silver Spring Networks. "Our proven, IPv6-based networking platform
establishes an open and interoperable foundation upon which SPPA can deliver
AMI services to its customers for years to come."

Silver Spring has also partnered with STEE-Infocomm, a division of Singapore
Technologies and a recognized leader in implementing smart infrastructure, for
this project. STEE-Infocomm will provide a variety of implementation and
logistics support.

Silver Spring's Smart Energy Platform includes hardware, software and services
and is based on an open IPv6 network, enabling continuous secure communication
between utilities and their consumers. With the industry’s largest partner
ecosystem, it is compatible with a wide array of smart energy network
devices.The networking platform can be rapidly scaled, allowing utilities of
all sizes and across all geographies to quickly and economically expand their
smart gridservices offerings. For more information please visit
www.silverspringnet.com/solutions.

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About Silver Spring Networks

Silver Spring Networks isaleadingnetworking platform and solutions provider
for smart energy networks. Silver Spring’s pioneering IPv6 networking
platform, with 15.8 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 operationalefficiencies,
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, Inc., and Progress Energy,
among others. For more informationplease visitwww.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 the scope and duration of Silver Spring’s AMI
project with SP PowerAssets Limited (SPPA). 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.

Contact:

Silver Spring Networks
Noel Hartzell, 650-839-4184
Global Communications
nhartzell@silverspringnet.com
 
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