CESC India and Singapore Power Among First
Silver Spring Customers in Asia to Benefit from Genus Electric
Meter Integrations
Silver Spring Networks, Inc. (NYSE:SSNI) today announced a
new agreement with Genus Power Infrastructures Ltd., a leading
smart meter provider in India and Southeast Asia. Under the
agreement, Genus will integrate Silver Spring’s standards-based
IPv6 network interface cards (NICs) into its single-phase and
three-phase smart electric meters. Silver Spring’s technology is
based on Wi-SUN® standards-based mesh, built on IEEE 802.15.4g.
Today, Silver Spring also announced that Silver Spring-enabled
Genus smart electric meters will be deployed to support a portion
of several previously-announced regional smart grid programs in
Asia. These include CESC Limited in India, where Silver Spring will
provide two-way advanced metering infrastructure (AMI) in the
Bharatpur and Kota franchise service areas, and Singapore Power,
where Silver Spring-enabled devices will be deployed to connect
additional AMI customers.
“The agreement with Genus expands Silver Spring’s ecosystem of
meter choices in Asia to nearly two dozen, offering utilities
unmatched device diversity, choice and value to achieve their
business goals. Ensuring technology interoperability through an
open standards-based platform allows our customers flexibility and
choice of a range of local and global partners,” said Alex
Beveridge, General Manager – Asia Pacific, Silver Spring
Networks. “We’re pleased to add Genus to support our customers
in providing the highest quality connected devices, while
delivering smart grid benefits to consumers in India and
Singapore.”
“By working with Silver Spring Networks, we are delivering smart
grid benefits to some of the highest profile programs in the
region,” said Jitendra Aggarwal, Joint Managing Director, Genus
Power Infrastructure Ltd. “Standardizing on Silver Spring
technology is helping Genus expand its reach internationally, while
offering other energy providers in the region a framework for how
to deliver higher quality smart meters and devices with proven IoT
solutions.”
“Silver Spring’s technology couples standards-based,
military-grade security with local standards to unlock the highest
value at the lowest risk for our customers,” said Kavita Sinha,
General Manager – India Region, Silver Spring Networks. “We are
proud of our work with Genus to deploy the first IS-16444 compliant
meters at a commercial scale in India.”
1 Wi-SUN is a registered trademark of the Wi-SUN Alliance.
Silver Spring’s advanced technology is being integrated into
Genus smart meters to enable secure and reliable wireless
networking connectivity between home and business customers and the
back-offices of utilities. The communications and computing modules
will help form a highly resilient mesh network for utilities,
providing access to demand, consumption, time-of-use and interval
data, alarms, and power-quality data from Genus smart meters.
With more than 26.7 million enabled devices delivered on five
continents, Silver Spring works with some of the world’s leading
energy and utility providers including AusNet Services, Baltimore
Gas & Electric, CESC Limited, CFE, CitiPower & Powercor,
ComEd, Consolidated Edison, Dubai Electric and Water Authority,
CPFL Energia, Florida Power & Light, Jamaica Public Service
Company, Pacific Gas & Electric, Pepco Holdings Inc., Singapore
Power and United Energy, to deliver its proven, reliable and secure
platform.
Join the Silver Spring Networks’ Conversation
- Read more on the Silver Spring Connect
blog at www.ssni.com/blog/
- Follow @SilverSpringNet on Twitter
- Like Silver Spring Networks on Facebook
at www.facebook.com/silverspringnetworks
- Learn more about the Wi-Sun Alliance
and the value of open standards-based IoT networking at
www.wi-sun.org
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 26.7 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.
About Genus Power Infrastructures Limited
Genus Power Infrastructures Ltd (Genus) is the largest
manufacturer of Electronic Energy Meters in India with an
installation base of more than 44 Million meters working
satisfactorily in field. Genus, a pioneer in the development of
anti-tamper electricity meters, offers wide spectrum of metering
solutions including Smart Meters, DT Meters and related Software’s
to enable utilities reduce their losses. It has its own top notch
in-house R&D recognized by Department of Science and
Technology, Government of India that has helped it custom
develop a range of highly innovative and sustainable metering
products and solutions to mitigate the pain areas of Utilities /
DISCOMs. This coupled with multiple advance manufacturing
facilities, complete forward and backward integration from plastic
parts to final products, automated SMT lines, Lean Assembly
techniques and a team of highly qualified and experienced engineers
has endowed Genus to dominate the metering segment and be at the
forefront of new technology. To learn more, visit www.genus.in.
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
Silver Spring Networks’ relationship and offerings with Genus Power
Infrastructures Ltd. 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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Silver Spring NetworksAmy Nunnemacher, 669-770-4183Global
Communicationspr@ssni.com
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