Silver Spring Networks Selected for Smart Streetlight and Traffic Signal Project in City of Paris
May 15 2013 - 8:30AM
Business Wire
Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking
platform and solutions provider for smart energy networks, today
announced that it has been selected by Evesa for an advanced
streetlight and traffic signal management project in the City of
Paris as the city seeks to reduce its public lighting energy
consumption by 30% over the next 10 years. This is the first in a
multi-step process that the “City of Lights” is undertaking to
manage a complex array of thousands of streetlights, streetlight
control boxes, traffic signal control boxes, and other elements of
Paris’ public lighting and traffic control infrastructure.
“We’re honored to deploy our intelligent streetlights solution
in such an iconic and innovative city as Paris – their pioneering
Smart City efforts are poised to deliver even greater value to
their citizens,” said Scott Lang, Chairman, President and CEO of
Silver Spring Networks. “Extending our proven IPv6 platform to a
diversity of Smart City solutions expands the value we deliver,
driving increased energy efficiency and improved safety for cities
and their citizens.”
Silver Spring provides a high-performance IPv6-based network
that establishes a communications foundation for a city’s assets
regardless of distribution topology. Silver Spring is expanding the
functionality of its smart infrastructure platform to support Smart
City solutions such as intelligent street lighting, traffic signal
control, and electric vehicle charging, among others. For more
information please see
www.silverspringnet.com/solutions.
Silver Spring has partnered with Streetlight Vision, a leader in
public lighting control software applications, to provide a
complete solution to meeting operators’ needs for improved lighting
control and monitoring.
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About Silver Spring Networks
Silver Spring Networks 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, and Progress Energy, 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 project with Evesa and the
City of Paris. 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'
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.
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