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Silver Spring Networks and ComEd Kick Off Full Smart Grid Deployment for Illinois Infrastructure Modernization Program



  Silver Spring Networks and ComEd Kick Off Full Smart Grid Deployment for
  Illinois Infrastructure Modernization Program

  Silicon Valley Innovator to Open Chicago Office and Build Next-Generation
              Network Operations Center for the Greater Midwest

Business Wire

CHICAGO -- July 9, 2013

Today, Scott Lang, Chairman, President & CEO of Silver Spring Networks, Inc.
(NYSE: SSNI), joined Anne Pramaggiore, President and CEO of ComEd; Mayor of
Chicago Rahm Emanuel; and Mark Hura, General Manager-Sales, North America, GE
(NYSE: GE), to commence full deployment of the smart grid element of ComEd’s
10-year, $2.6 billion Infrastructure Investment Plan to strengthen the
Illinois electric system. Silver Spring’s standards-based networking platform
and smart grid applications will connect 4 million homes and businesses over
the next 10 years across ComEd’s service territory and will unlock significant
operational and consumer benefits including improved outage management,
increased energy efficiency, improved grid reliability, and greater
empowerment for consumers.

Silver Spring Networks also announced it will be opening a downtown Chicago
office to support the rollout of ComEd’s smart grid infrastructure
modernization program and will be building a next-generation network
operations center to support smart grid programs in Illinois and across the
greater Midwest. The office is expected to employ dozens of field engineering,
project management, sales and marketing, and network infrastructure management
professionals. A cutting-edge network operations center is also planned to be
housed in the facility, serving both ComEd’s infrastructure modernization
initiative and acting as a command center for smart grid programs across the
Midwest.

“Silver Spring Networks is thrilled to partner with a forward-thinking company
like ComEd to bring more technology jobs to Chicago and deliver the benefits
of infrastructure innovation to all of ComEd’s customers,” said Scott Lang,
Chairman, President and CEO of Silver Spring Networks. “The full deployment of
ComEd’s grid modernization initiative will deliver enormous benefits to the
citizens of Illinois and create a long-term foundation for greater energy
efficiency, improved reliability and performance of the energy grid, and
increasingly empowered citizens who can better manage their energy
consumption.”

“A modern power grid that meets the needs and demands of the 21^st Century is
critical to ensuring long-lasting economic growth and opportunity for our
citizens,” said Anne Pramaggiore, President and CEO, ComEd. “Our continuing
partnership with world-class innovators like Silver Spring Networks is crucial
in helping us achieve this vision.”

“The City of Chicago is excited to welcome a Silicon Valley innovator like
Silver Spring Networks,” said Chicago Mayor Rahm Emanuel. “Industry leaders
such as Silver Spring and ComEd are providing the innovation, expertise, and
investment to create jobs and economic opportunity throughout the city and its
neighborhoods.”

Silver Spring Networks’ smart infrastructure networking platform, software and
services help create an intelligent, dynamic, electric delivery system and
provide ComEd with critical tools to improve overall grid operational
efficiency and system reliability. Silver Spring’s IPv6 networking platform
can be rapidly scaled across a diverse service territory, allowing utilities
to quickly and economically expand their smart grid services offerings and add
new solutions on the same, standards-based platform. For more information
visit 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 (NYSE: SSNI) is a leading networking platform and
solutions provider for smart energy networks. Silver Spring’s pioneering IPv6
networking platform, with 16.5 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,
Inc., 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 the scope and duration of Silver Spring’s
deployment with ComEd and presence in Illinois. Statements including words
such as "anticipate", "believe", "estimate", "expect" or “future” or “will”
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' Form 10-Q for the quarter ended March 31,
2013 filed with 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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