ESB Telecoms Ltd to Work with Silver Spring Networks to Deploy National IoT Network in Ireland

Industry Leaders to Collaborate to Roll Out Industrial IoT Platform
Leveraging Silver Spring Starfish™ Standards-Based Mesh Technology,
Built on the Wi-SUN® Technology Specification

DUBLIN, Ireland & SAN JOSE, Calif.–(BUSINESS WIRE)–Silver Spring Networks, Inc. (NYSE: SSNI) today announced it has agreed
to work with ESB Telecoms Ltd to develop a national Internet of Things
(IoT) network across Ireland. ESB Telecoms Ltd is a wholly owned
subsidiary of ESB and operates a national open access wholesale
telecommunications network throughout Ireland.

The envisioned network will serve as a catalyst for municipal,
commercial and industrial customers to connect IoT and smart city
applications and devices. Once the deployment of the IoT network is
completed, Silver Spring’s Starfish™
platform-as-a-service (PaaS) would augment ESB Telecoms Ltd’s
telecoms infrastructure and services nationally. Starfish PaaS would
offer service level agreements, and be based on Silver Spring’s proven,
secure, reliable, Wi-SUN® standards-based mesh technology, built on the
IEEE 802.15.4g specification¹.

“Many Irish cities, towns and businesses are interested in how the IoT
can help create new innovative, efficient and sustainable services,” said
Rory McGowan, Managing Director, ESB Telcoms Ltd. “By working with
Silver Spring Networks, we believe that we’ll be able to accelerate IoT
development nationally, with the high standard of reliability and
service that our customers have come to expect from us. We look forward
to helping Ireland become a leader through the deployment of one of the
world’s first standards-based national IoT rollouts.”

“We will be honored to work with ESB Telecoms Ltd and see this as a
further endorsement of the Wi-SUN mesh network protocol. Together we
expect to utilize currently existing standards-based technology to
accelerate deployment of massive-scale networks for devices, enabling
entities to cost-effectively join the IoT revolution through our
Starfish Platform-as-a-Service,” said Mike Bell, President and
CEO, Silver Spring Networks. “By its very nature, mesh technology
can securely aggregate data from widely distributed endpoints – from
dense urban environments to remote rural areas – and then backhaul that
data through the carriers’ towers. And above all, it’s real and scalable
– it has already proven itself for industrial IoT on five continents.”

As mesh-connected devices communicate with their neighbor devices, these
networks are uniquely suited for delivering the robust and reliable
connectivity that IoT networks require. With more than 26.7 million
enabled devices delivered, Silver Spring has deployed its technology in
Bristol, Chicago, Copenhagen, Dubai, Glasgow, Kolkata, London,
Melbourne, Mexico City, Paris, San Francisco, Sao Paulo, Singapore, and
Washington, D.C.

To learn more on why mesh networks are suited for smart cities and the
Internet of Important Things™, visit www.youtube.com/watch?v=cYN2poDFiec.

Join the Silver Spring Networks Conversation

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• Learn more about the Wi-Sun Alliance and the value of open
  standards-based IoT networking at www.wi-sun.org

About ESB Telecoms Ltd.

ESB Telecoms Ltd is the telecoms subsidiary of ESB, the Irish energy
utility. ESB Telecoms Ltd owns and operates the National
Telecommunications Fibre Optic Network covering the entire country. It
also operates 450 telecommunication towers and sites on which all major
Irish telecommunications companies have substantial installations.
Customers of ESB Telecoms Ltd include all Mobile Phone operators, Irish
Government bodies, licensed FM operators and Wireless Internet services
providers.
www.esb.ie/our-businesses/telecoms/telecoms-overview

About Silver Spring Networks

Silver Spring Networks enables the Internet of Important Things™ by
reliably and securely connecting things that matter. Cities, utilities,
and companies on five continents use the company’s cost-effective,
high-performance IoT network and data platform to operate more
efficiently, get greener, and enable innovative services that can
improve the lives of millions of people. With more than 26.7 million
devices delivered, Silver Spring provides a proven standards-based
platform safeguarded with military grade security. Silver Spring
Networks’ customers include Baltimore Gas & Electric, CitiPower &
Powercor, ComEd, Consolidated Edison, CPS Energy, Florida Power & Light,
Pacific Gas & Electric, Pepco Holdings, and Singapore Power. Silver
Spring has also deployed networks in Smart Cities including Copenhagen,
Glasgow, Paris, Providence, and Stockholm. To learn more, 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 Silver Spring’s
intended collaboration with ESB Telecoms Ltd. 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 negotiation and execution of a definitive agreement, 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.

¹ Wi-SUN is a registered trademark of the Wi-SUN Alliance.

Contacts

Silver Spring Networks
Amy Nunnemacher, 669-770-4183
Global
Communications
[email protected]