[August 09, 2012]

Silver Spring Networks Surpasses One Million Australian Homes and Businesses Connected With IPv6-based Smart Energy Network

Silver Spring Networks, a leading networking platform and solutions provider for smart energy networks, today announced that it has connected more than one million homes and businesses in Australia. In partnership with CitiPower and Powercor Australia, Jemena, and United Energy, Silver Spring Networks is providing the standards-based IPv6 networking platform, software and services to support the rollout of the State Government of Victoria's Advanced Metering Infrastructure (AMI) program.

"Silver Spring's industry leading IPv6 networking platform, with over 12 million homes and businesses connected globally, is helping utilities around the world better connect with their customers," said Scott Lang, CEO of Silver Spring Networks. "Today's milestone achievement establishes Australian utilities at the forefront of global efforts to implement open, standards-based smart energy networks and empower consumers to achieve greater energy efficiency."

Customers of CitiPower and Powercor, Jemena, and United Energy are already realizing the benefits of the smart grid today. Because advanced metering provides frequent and reliable reads, estimated bills are quickly becoming a thing of the past, and consumers are already starting to access their energy usage information online. Smart energy networks also enable consumers with smart meters to enjoy faster and more affordable service and maintenance without needing a field technician to visit their home.

"Working with Silver Spring, CitiPower and Powercor have been able to roll out more than 700,000 smart meters in both dense urban areas and sparse rural territories to date, with more to come," said Shane Breheny, CEO f CitiPower and Powercor. "Our program is on-time and on-budget and has commenced delivering benefits to consumers via In Home Displays, remote reconnections and enhanced outage management."

"Silver Spring has enabled Jemena to reliably read well over 99% of our smart meters every day," said Paul Adams, Managing Director of Jemena. "Jemena shares that information with consumers via our Electricity Outlook portal enabling them to understand their household energy usage and better manage their energy costs and greenhouse gas emissions."

"Silver Spring is helping us achieve our vision to create The Intelligent Utility," said Hugh Gleeson, CEO of United Energy. "Smart metering is just the first step. We are already beginning to leverage our network investment to improve energy reliability and efficiency by better managing the distribution network and empowering consumers with new tools such as our Energy Easy internet portal. By using Energy Easy (available to UE customers with a smart meter installed via www.ue.com.au) our customers can monitor and understand their energy use and use that information to choose a retail electricity offer that better suits their lifestyle."

Silver Spring's standards-based IPv6 networking platform supports a range of solutions and applications focused on increasing power grid performance and improving energy efficiency. The platform supports distribution automation and outage notification systems to enhance the reliability of the electrical grid for consumers. The platform will also support demand-side management and is fully compliant with the Victorian Energy Efficiency Target (News - Alert) (VEET) criteria enabling in-home displays for end-customers.

About Silver Spring Networks

Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. With its pioneering IPv6 networking platform, Silver Spring has connected more than 12 million homes and businesses throughout the world with the goal of achieving greater energy efficiency for the planet. Silver Spring's innovative products enable utilities to gain efficiencies, integrate renewable energy sources and empower customers to monitor and manage energy consumption. Silver Spring Networks is used by major utilities around the globe including Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth Edison, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Inc. and United Energy among others. For more information please visit www.silverspringnet.com.

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