[October 18, 2010]

Silver Spring Networks Named Number 1 in Global Cleantech 100 Ranking

Silver Spring Networks would like to thank its utility clients, industry partners and employees for their contributions to being named Number 1 on the 2010 Global Cleantech 100. Bestowed by The Guardian newspaper and Cleantech Group, the Global Cleantech 100 represents the collective opinion of hundreds of leading experts from cleantech innovation around the world, as well as the specific input of an expert industry panel. In addition, Silver Spring Networks topped the Global Cleantech 100's "2010 Lust List," a subset of the top 100 companies that are consistently admired by non-stakeholder peers.

"Silver Spring Networks' top ranking in the Global Cleantech 100 is the result of the commitment we share with our utility clients, which is to deliver the most advanced, field proven and standard-based smart grid technology available in the world," said Scott Lang, Chairman, President and CEO of Silver Spring Networks. "On behalf of our clients, partners and employees, we are honored to accept this recognition of our mission to deliver solutions that are engaging consumers and delivering results to the unique challenges faced by utilities around the world."

Silver Spring Networks has also received the top honor in the 2010 AlwaysOn GoingGreen Silicon Valley 100, in the "Energy Management, Smart Grid, and Energy Efficiency" category. The GoingGreen Silicon Valley 100 recognizes companies with game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players.

The company has also been recognized by the Platt's 2010 Global Energy Awards, with a nomination in the "Industry Leadership Award" category, for its role in advancing the smart grid globally. The winners of the Platts 2010 Global Energy Awards will be announced in December.

These recent honors reflect Silver Spring Networks' ongoing commitment to innovation, operational excellence and maintaining strong relationships with its utility partners. In previous years, Silver Spring Networks has received other major industry awards including: CNBC's 2010 Top 15 Green Tech Startups (ranked No. 2); The Wall Street Journal's Top 10 Venture-Backed, Clean Technology Companies; Greentech Media's Top 50 VC-Funded Greentech Startups; Fast Company's 2010 Most Innovative Companies: Energy; the 2010 GridVision Awards; the CRO Responsible CEO of the Year award; The Carbon Trust (News - Alert): CleanTech 100; among others.

About Silver Spring Networks

Silver Spring Networks is a leading smart grid solution provider that enables utilities to achieve operational efficiencies, reduce carbon emissions and empower their consumers with new ways to monitor and manage their energy consumption. Silver Spring provides the hardware, software and services that allow utilities to deploy and run multiple advanced solutions, including Smart Metering, Demand Response, Distribution Automation and Distributed Generation, over a single, unified network. Silver Spring's Smart Energy Platform is based on open, Internet Protocol (IP) standards, allowing continuous, two-way communication between the utility and devices on the grid. Silver Spring has numerous deployments with leading utilities in the US and abroad, including Baltimore Gas and Electric, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Inc., and United Energy Distribution, among others. For additional information, please visit www.silverspringnet.com.

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