|By Business Wire||
|March 13, 2014 10:00 PM EDT||
In a keynote speech today at the IPv6 Conference 2014 in Singapore, Silver Spring Networks, Inc. (NYSE: SSNI), a leading networking platform and solutions provider for smart energy networks, showcased the role IPv6 networks can play in developing the next generation of intelligent infrastructure across Southeast Asia. In his keynote, “IPv6: Smart Infrastructure for a Smarter Singapore,” Mr. Eric Dresselhuys, Executive Vice President of Global Development for Silver Spring, highlighted the opportunities for Singapore, and other economic hubs in Southeast Asia, to leverage open and secure IPv6 networks to accelerate innovation, help ensure interoperability, speed deployment times, and reduce the cost and risk of their critical infrastructure programs.
Silver Spring’s early commitment to and delivery of an IPv6 standards-based networking platform transformed the utility industry’s approach to modernizing the energy grid. Beginning in 2006, Silver Spring delivered what is believed to be the industry’s first IPv6-based smart grid networking platform. Since then, Silver Spring has networked more than 18 million homes and businesses worldwide, including deploying an IPv6 network canopy for an initial smart grid program in Singapore with SP PowerAssets Limited (SPPA), a member of the Singapore Power Group.
“Our machine-to-machine network securely connects millions of devices in some of the world’s harshest conditions and topographically diverse environments – we chose to build around IPv6 precisely because of its scalability, security, proven performance, and openness,” said Dresselhuys. “As tens of billions of people and devices are connected, IPv6 has become the networking foundation for the Internet of Things. In our view, IPv6 networks will become a critical element for vital infrastructure and citizen services that help Southeast Asian cities remain competitive on the global economic stage.”
Silver Spring’s Smart City solutions leverage an open and interoperable IPv6 networking foundation, along with control software optimized for Smart City devices, delivered via a new Network-as-a-Service offering that enables cities to quickly and easily deploy Smart City services to their citizens. Iconic cities such as Copenhagen, Miami and Paris are using Silver Spring’s IPv6-based solutions to help address the economic, environmental, health and safety, and traffic and transportation challenges they are faced with today.
The IPv6 Conference 2014 is organized by the Infocomm Development Authority of Singapore (IDA), a government agency that helps oversee IT standards, policies, guidelines and procedures for the Singapore Government. For more information on Silver Spring’s Smart City solution 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 more than 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.
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 IPv6 networks and Silver Spring Networks’ solutions, as well as Silver Spring Networks’ projects with SP PowerAssets Limited (SPPA) and the cities of Copenhagen, Miami and 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' 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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