Silver Spring Networks Selected for Grant County Public Utility District Advanced Metering Program

Silver Spring’s Gen5 Network Platform to be Deployed to Approximately
47,000 Advanced Metering Public Power Customers to Unlock Smart Grid
Benefits in Rural Pacific Northwest

SAN JOSE, Calif.–(BUSINESS WIRE)–Silver Spring Networks, Inc. (NYSE:SSNI) today announced its selection
for an advanced metering program with Grant County Public Utility
District (Grant PUD). Grant PUD is a public power corporation that
generates and sells electricity across a 2,777-square mile service area
in Central Washington and the Pacific Northwest. Silver Spring’s
standards-based Gen5 network platform will connect approximately 47,000
Grant PUD advanced metering customers to help deliver operational
savings, improve service reliability, and enable greater energy
efficiency.

“As the backbone of power distribution in the U.S., public power needs
technology that is flexible enough to meet its own set of unique
challenges,” said Chuck Allen, Public Affairs Officer for Grant PUD.
“As a proven end-to-end provider of standards-based networks for the
smart grid value chain, Silver Spring’s technology will be integral in
the success of the Grant PUD roll-out.”

“We see this program as additional momentum in a recent wave of
municipal and public power communities planning to modernize their
infrastructure through powerful two-way communications. By deploying a
standards-based and future-proofed network, backed by Silver Spring’s
professional support services, rural communities can deploy advanced
meter solutions more rapidly and successfully,” said Craig Lawson,
SVP – North America, Silver Spring Networks. “We are excited to
deliver this deployment to Grant PUD, and are committed to delivering a
system that has been designed to fit public power members’ requirements.”

Silver Spring Networks, with more than 26 million enabled devices
delivered on five continents, works with public power and municipal
utilities across the U.S., including American Municipal Power, Choptank
Electric Cooperative, City Utilities of Springfield, CPS Energy, Golden
Valley Electric Association, Modesto Irrigation District, New Braunfels
Utilities, Sacramento Municipal Utility District, and Snohomish County
Public Utility District.

For more information on municipal and cooperative solutions for smart
grid, smart city and other Internet of Important Things™ applications,
please visit www.ssni.com/solutions/smart-utilities/.

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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 26.0 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 the scope and
benefits of Silver Spring’s engagement for Grant County Public Utility
District. 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 and deployment of the engagement, 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.

Contacts

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