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Silver Spring Networks Showcases the Power of IoT Platform for Grid Management at DistribuTECH 2017Today at DistribuTECH, the utility industry's leading smart energy conference and exhibition, Silver Spring Networks, Inc. (NYSE:SSNI) showcased utilities and grid device partners that are leveraging its platform to yield powerful Grid Management advances for grid reliability, restoration acceleration, efficiency, and asset optimization. Silver Spring works with some of the world's leading utility companies such as Baltimore Gas and Electric, ComEd, CPFL Energia, CPS Energy, Florida Power & Light Company (FPL), Pacific Gas & Electric, Pepco Holdings Inc., and Sacramento Municipal Utility District to leverage real-time grid information to advance Distribution Automation (DA) programs. Silver Spring's standards-based IPv6 IoT platform also provides integrated communication for the most diverse portfolio of grid-edge devices including continuously-powered, battery-powered, and power harvesting solutions from partners such as Incon, Sentient Energy, V2Com, and Varentec. "With more demands being placed upon utilities to integrate distributed generation, continually improve reliability to the grid, and provide timely energy consumption information to consumers, the industry is looking to proven platforms to provide more intelligent control and monitoring of the entire grid," said Matt Smith, Senior Director, Grid Management, Silver Spring Networks. "Silver Spring's advanced communications and data platform has been designed from the beginning to provide the bandwidth, security and geographic coverage to support benefits that extend beyond advanced metering. Some of the company's top AMI customers are leading the charge by leveraging the same IoT multi-application network that is securely and reliably connecting millions of homes and businesses to now modernize their entire distribution system." Leading Utilities Unlock Value From Silver Spring Networks' Grid Management Solutions By taking advantage of Silver Spring's multi-application platform, energy customers on five continents are achieving benefits for grid management and DA programs. Recent examples include:
IoT platforms for the utility and energy industry demand the innovations and interoperability of many companies. With over 125 partners globally, including leading DA device and software vendors, the Silver Spring ecosystem delivers comprehensive solutions for smart energy customers. "As the IoT extends to include every part of the energy industry, our standards-based platform offers one of the industry's broadest selection of devices and applications to help our customers reduce operating expenses, deliver proven innovation and demonstrate operational improvement on both sunny and stormy days," continued Smith. With today's announcement, integrated solutions that will feature proven Silver Spring technology include:
With speeds up to 2.4 Mbps, the backwards compatible, fifth generation of Silver Spring Networks' IPv6 platform - Gen5™ and Gen5-based products - enables a broad range of device integrations. The Bridge 5 is optimized for performance-intensive applications that demand higher capacity, lower latency, and longer range. The self-meshing, postage stamp-size Milli 5™ Communications Module can connect battery-powered and energy harvesting sensor devices for emerging smart energy, smart city, and other IoT applications where line power is unavailable. To learn more, please visit Silver Spring at DistribuTECH 2017 - Booth # 2831 - from January 31 - February 2 in San Diego, Calif. For additional information on Silver Spring's DA solutions, please visit www.silverspringnet.com/solutions/da-devices/. 1. MM3 and ZM1 are registered trademarks of Sentient Energy. Join the Silver Spring Networks Conversation
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 24.9 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 benefits of Silver Spring Networks' networking platform and solutions integrated with Silver Spring Networks' technology, as well as the performance and capabilities Silver Spring Networks' Gen5 networking platform and Gen5-based products. 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.
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