Silver Spring SilverLink™ Sensor Network Wins 2014 Smart Grid Product of the Year
May 21 2014 - 4:30PM
Business Wire
Silver Spring Honored for Propelling Smart Grid
Innovation
Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking
platform and solutions provider for smart energy networks, today
announced that the SilverLink™ Sensor Network has been honored with
a 2014 Smart Grid Product of the Year Award
from TMCNet.com and Crossfire Media. Silver
Spring’s SilverLink Sensor Network is a new approach to unlocking
insights from smart grid big data at up to 10x the speed and 1/10th
the cost of traditional IT infrastructure.
“We are honored that new Silver Spring technology – the
SilverLink Sensor Network – has been recognized as TMCNet.com’s
2014 Smart Grid Product of the Year,” said Alex Zheng, SilverLink
Business Lead, Silver Spring Networks. “Utility companies seek new
ways to unlock more value, and quickly and cost effectively develop
and deliver new services. The SilverLink Sensor Network expedites
the implementation of smart grid applications so utilities have
greater insight into the data flowing off their network. These
insights can be used to transform the customer experience.”
The SilverLink Sensor Network enables utilities and other
network operators to connect real-time data to business processes
to make smarter and faster business decisions, lower IT costs,
create a more agile organization, and more quickly and
cost-effectively launch new business models and services. Partners
including AutoGrid, Bidgely, Detectent, DVI, MongoDB, ONZO,
Plotwatt, and Sentient are already engaging with Silver Spring to
leverage the SilverLink Sensor Network.
For more information on The SilverLink Sensor Network, please
visit www.silverspringnet.com/silverlink.
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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 18.5
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, 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
performance and capabilities of, as well as the cost savings, speed
and other benefits customers may realize from, the SilverLink
Sensor Network. 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 NetworksAmy Cook, 650-839-4183Global
Communicationsacook@silverspringnet.com
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