Redwood City, CA – June 9, 2015 – Today Silver Spring Networks (NYSE: SSNI) announced that its Gen5 networking platform has been recognized with a ‘Smart Grid Product of the Year’ award from SmartGrid.TMCnet.com. With major advancements in speed, latency, range, distributed intelligence, power optimization, and size, the Gen5 platform strengthens core smart grid operations, plus an emerging set of applications for real-time operations data, Distribution Automation, dynamic applications at the edge of the network, as well as smart city services for utilities, cities, and other network operators.

Silver Spring was also named a ‘2015 Smart Grid Company to Watch’ by Smart Grid News for its impact on the modern grid, in particular its pioneering work in delivering large-scale, open, IPv6-based critical infrastructure networks. Silver Spring’s networking platform connects over 20.5 million homes and businesses on five continents.

“The open, standards-based IPv6 Gen5 platform enables our customers and partners to accelerate adoption of Internet of Things applications and services, allowing millions of devices to be securely connected over varying conditions and environments,” said Don Reeves, EVP of Engineering and Managed Services, Silver Spring Networks. “We’re honored to be recognized for our efforts and look forward to pushing the technology envelope even further in the future.”

“It is my pleasure to recognize Silver Spring Networks with a 2015 Smart Grid Product of the Year Award for its contribution to the advancement of smart grid technology solutions,” said Rich Tehrani, CEO, TMC. “I look forward to seeing more innovation from them in the coming years.”