Silver Spring Networks’ Smart Street Lights Solution Named Edison Award Finalist
February 14 2014 - 8:30AM
Business Wire
Proven IPv6 Networking Platform for Street
Lights Helps Reduce Energy Consumption, Lower Operational Costs,
and Improve Citizen Safety
Today Silver Spring Networks, Inc. (NYSE: SSNI), a leading
networking platform and solutions provider for smart energy
networks, announced that the Silver Spring smart street lights
solution was named an Edison Awards finalist in the Energy &
Sustainability category. Silver Spring’s smart street lights
solution enables lighting network operators to improve energy
efficiency, lower operational costs, enable remote lighting
management and control, and improve citizen safety. The solution
also allows municipalities to leverage a smart street lights
network canopy to deploy additional Smart City applications over
time, lowering long-term costs and accelerating speed of deployment
for new services.
“We’re honored that our proven, scalable and secure IPv6
networking solution for street lights has been named an Edison
Awards finalist,” said Sterling Hughes, Senior Director of Advanced
Technologies, Silver Spring Networks. “Cities worldwide are looking
to networked LED street lights as a way to improve energy
efficiency and lower costs. We believe the Silver Spring smart
street lights solution can deliver up to 65% in energy savings and
increase operational savings by up to 40% while helping cities
continue to modernize their lighting infrastructure.“
Silver Spring has been selected for smart street light and Smart
City programs in iconic cities such as Paris and Copenhagen. In
Paris, Silver Spring has been selected for an advanced street
lighting and traffic controls program as the city seeks to reduce
its public lighting energy consumption by 30% over the next 10
years. Copenhagen, often referred to as the world’s most
sustainable city, is looking to Silver Spring to deploy a citywide
canopy network to connect more than 20,000 street lights.
The Edison Awards have recognized and honored some of the most
innovative products and business leaders in the world and is among
the most prestigious accolades honoring excellence in new product
and service development, marketing, design and innovation. The 2014
Edison Award winners will be named on April 30.
For more information on Silver Spring’s smart street lights and
Smart City solutions please visit
www.silverspringnet.com/smartcities.
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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 over 18 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, Progress Energy and Singapore Power, 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
benefits of Silver Spring’s smart street lights solution.
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.
Silver Spring NetworksNoel Hartzell, 650-839-4184Global
Communicationsnhartzell@silverspringnet.com
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