Silver Spring Networks Selected for Smart Streetlight and Traffic Signal Project in City of Paris
Silver Spring's IPv6-Based Smart City Infrastructure Platform to be Deployed in the "City of Lights"
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Silver Spring Networks, Inc. (NYS: SSNI) , a leading networking platform and solutions provider for smart energy networks, today announced that it has been selected by Evesa for an advanced streetlight and traffic signal management project in the City of Paris as the city seeks to reduce its public lighting energy consumption by 30% over the next 10 years. This is the first in a multi-step process that the "City of Lights" is undertaking to manage a complex array of thousands of streetlights, streetlight control boxes, traffic signal control boxes, and other elements of Paris' public lighting and traffic control infrastructure.
"We're honored to deploy our intelligent streetlights solution in such an iconic and innovative city as Paris - their pioneering Smart City efforts are poised to deliver even greater value to their citizens," said Scott Lang, Chairman, President and CEO of Silver Spring Networks. "Extending our proven IPv6 platform to a diversity of Smart City solutions expands the value we deliver, driving increased energy efficiency and improved safety for cities and their citizens."
Silver Spring provides a high-performance IPv6-based network that establishes a communications foundation for a city's assets regardless of distribution topology. Silver Spring is expanding the functionality of its smart infrastructure platform to support Smart City solutions such as intelligent street lighting, traffic signal control, and electric vehicle charging, among others. For more information please see www.silverspringnet.com/solutions.
Silver Spring has partnered with Streetlight Vision, a leader in public lighting control software applications, to provide a complete solution to meeting operators' needs for improved lighting control and monitoring.
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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 16.5 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, and Progress Energy, 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 scope and duration of Silver Spring's project with Evesa and the City of 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' Form 10-Q for the quarter ended March 31, 2013 filed with 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 Networks
Noel Hartzell, 650-839-4184
KEYWORDS: United States Europe North America California France
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