Silver Spring Networks Named Frost & Sullivan New Zealand Smart Grid Solutions Company of the Year For Second Consecutive Year

Auckland, New Zealand – August 27, 2015 – Silver Spring Networks, Inc. (NYSE: SSNI) today announced that it has been named as the Frost & Sullivan New Zealand Smart Grid Solutions Company of the Year for the second year in a row. Silver Spring’s IPv6 critical infrastructure networking platform was recognized for helping energy retailers, distribution companies and Metering Services Providers (MSPs) in New Zealand’s disaggregated market to provide more reliable coverage in varying topographies, give urban and rural customers up-to-date, two-way information on their usage for better energy management and cost efficiencies, and offer program flexibility to expand to additional smart grid, smart city, and other critical infrastructure applications in the future. Highlighted programs include:

• Expansion of a Distribution Automation deployment with Unison Networks in New Zealand to further build on the benefit of the Silver Spring Platform;
• Deployments across New Zealand with SmartCo, a consortium of lines companies including Alpine Energy, Electricity Invercargill, Network Tasman, The Power Company, OnMetering, WEL Networks; and
• Partnering with Metrix to offer an innovative metering-as-a-service model, including for a joint deployment at Counties Power.

“We are honored that Silver Spring has been awarded New Zealand’s Smart Grid Solutions Company of the Year for a second consecutive year,” said Andrew Vlachiotis, Vice President of Asia Pacific Sales, Silver Spring Networks. “As there is an increase in demand for grid reliability in the region, more customers are turning to Silver Spring for our vision and expertise in building a smarter world of intelligent, connected Internet of Things devices. Innovations such as the Silver Spring Gen5 critical infrastructure platform including the ‘Milli 5’ will also enable the water industry to realise significant benefits as the electric industry in region has done.”

The Silver Spring “Milli 5,” a part of Silver Spring’s fifth generation critical infrastructure platform, is a postage-stamp sized networking card that can embed in small, battery-powered IOT devices to create self-meshing, large-scale sensor networks for smart cities, water and gas metering, EV charging, environmental and acoustic sensors, transportation and logistics monitoring, industrial and manufacturing equipment, and agricultural sensors, among many others.

Including New Zealand, Silver Spring’s critical infrastructure networking platform has connected over 21.5 million devices for the world’s leading network operators to help drive cost, operational, and energy efficiency benefits through leading critical infrastructure IoT technology.

For more information on Silver Spring’s customers in New Zealand and worldwide, please visit: https://www.itron.com/customers