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Silver Spring Networks Celebrates 20 Million Connected Devices Delivered and Hits Record BacklogREDWOOD CITY, Calif. --(Business Wire)-- Silver Spring Networks (NYSE:SSNI), a leading networking platform and solutions provider for smart energy networks, today celebrated the delivery of more than 20 million connected devices for smart energy and smart city networks across five continents. In addition to this major milestone, Silver Spring also hit a record backlog of business at the end of its third quarter as more customers around the world are selecting more Silver Spring solutions than ever before. "Today I want to thank both our longtime and our new customers. Together, we are transforming the industry by unlocking exceptional efficiencies, driving record consumer satisfaction levels, and improving the sustainability of our communities," said Scott Lang, Chairman, President and CEO, Silver Spring Networks. "In partnership with our leading global customers, we are delivering the only proven platform that delivers these ongoing benefits for decades to come." Silver Spring has recently announced the expansion of its solutions offerings to complement its industry pioneering, multi-application Gen4 networking platform. These include:
With one of the industry's largest artner ecosystems, Silver Spring's open, standards-based platform also offers its customers one of the widest arrays of choice, interoperability, and technology leadership in the marketplace today. Join the Silver Spring Networks Conversation
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 20 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 Networks' platform, software, solutions, and partnerships. 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. These 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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