Silver Spring Networks, Inc. (NYSE: SSNI) announced today that it has been named one of the Top 100 Most Innovative San Francisco Bay Area Companies for 2015 in the Thompson Reuters Top 100 Global Innovators report. Silver Spring joined Silicon Valley leaders from a wide range of industries such as Apple, Google, Oracle, Tesla and many more. The report cites the San Francisco Bay Area and Silicon Valley’s unique status in driving innovation globally.

“As a Silicon Valley pioneer developing industrial strength, open standards-based networks for smart energy, smart cities and the Internet of Things, it is an honor to receive this recognition alongside these legendary technology leaders,” said Mike Bell, President and CEO, Silver Spring Networks. “I would like to thank our customers and our partners for the inspiration they provide us and I’d also like to thank the entire Silver Spring team for their tireless efforts to drive innovations that are truly changing the world.”

David Brown, Senior Vice President of Thompson Reuters Science and IP, writes in the report, “Innovation. We hear and read about it every day, yet the word still holds a certain mystic. With necessity the mother of invention, there’s no shortage of ideas for doing things better, faster or in completely new ways, however the leap from idea to reality is long and challenging.”

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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 over 22.3 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.