Silver Spring Networks Extends Smart City Infrastructure Platform with New LED Roadway Lighting Collaboration Industry’s First Networked & Field Swappable LED Streetlight Solution Delivers Greater Control and Efficiency While Lowering Operational Costs and Extending Deployment Lifespans LIGHTFAIR International 2013 Business Wire PHILADELPHIA & REDWOOD CITY, Calif. -- April 23, 2013 Today at the LIGHTFAIR International conference, Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking platform and solutions provider for smart energy networks, and LED Roadway Lighting, a leading designer and manufacturer of LED-based street and area lighting fixtures and control systems, announced a collaboration to deliver the market’s first networked, field swappable intelligent streetlight solution. As part of the collaboration, Silver Spring plans to integrate its industry-leading networking platform into the new LED Roadway Lighting NXT module to deliver a highly reliable solution for highway and municipal streetlight operators to improve energy efficiency, better manage and control streetlight networks, extend the lifespan of streetlights deployed in the field, and easily upgrade existing streetlight networks. “Today, the top leaders in their respective industries are joining forces to raise the bar for intelligent streetlights and deliver a game-changing solution for the Smart Cities of the future,” said Sterling Hughes, Senior Director of Advanced Technology, Silver Spring Networks. “Silver Spring’s proven IPv6 networking platform is the perfect complement to LED Roadway’s first-of-its kind NXT module, unlocking enormous value for lighting operators and making streets safer for citizens.” “Coupling Silver Spring’s leading networking platform with the market’s most efficient and most reliable streetlights from LED Roadway eliminates waste, improves ROI, and delivers improved lighting services for our communities,” said Chuck Cartmill, CEO of LED Roadway Lighting. “Moreover, it enables public lighting to become an integrated part of the smart grids and smarter city infrastructure which Silver Spring is leading globally.” Efficient streetlights are a major cost, environmental, and safety consideration for utilities, lighting network operators, and municipal governments around the world. The new Silver Spring and LED Roadway Lighting solution is expected to deliver up to 65% in energy savings over traditional high-pressure sodium streetlights due to advanced LED technology and controlled dimming capabilities. The new solution is also designed to help operators reduce maintenance costs by up to 90% because of automatic streetlight failure notification and extended deployment lifespans. Silver Spring provides a high-performance IPv6-based network that establishes a communications foundation for a city’s assets regardless of distribution topology. Silver Spring is expanding the functionality of its smart infrastructure platform to support Smart City solutions such as intelligent street lighting, traffic signal control, and electric vehicle charging, among others. For more information please see www.silverspringnet.com/solutions. Join the Silver Spring Networks Conversation *Follow @SilverSpringNet on Twitter *Like Silver Spring Networks on Facebook at www.facebook.com/silverspringnetworks 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. To learn more, please 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 Silver Spring’s relationship with LED Roadway Lighting; the planned integration of Silver Spring’s technology into the new LED Roadway Lighting NXT module and the anticipated benefits that are expected to result from such integration; and the ability of Silver Spring’s IPv6-based network to support current and anticipated future Smart City applications. 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, 650-298-4184 Global Communications email@example.com
Silver Spring Networks Extends Smart City Infrastructure Platform with New LED Roadway Lighting Collaboration
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