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| [April 30, 2012] |
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WEL Networks Selects Silver Spring Networks for Next-Generation Smart Grid Deployment
BRISBANE, Australia --(Business Wire)--
Today at the Energy Networks 2012 conference, Silver Spring Networks, a
leading provider of the networking platform and solutions for the smart
grid, announced it has been selected by WEL Networks for an innovative
smart grid deployment in the Waikato region of New Zealand. Silver
Spring will provide its smart grid platform - including advanced
metering, distribution automation and deployment - to enable WEL
Networks to better deliver reliable, efficient, and affordable power to
its residential and commercial customers. The first deployment phase of
10,000 customers has now been extended to 45,000 for the coming year.
WEL Networks will benefit from the increased flexibility and performance
enabled by Silver Spring's recently announced Gen4 networking technology.
"Cost, performance, and the ability to build atop a single, standardized
platform are critical for WEL Networks' next-generation utility grid,"
said Dr. Julian Elder, CEO of WEL Networks. "Silver Spring gave us the
ability to deliver multiple smart grid applications over a single, open
platform and utilize its advanced technology to meet the performance
needs of our network, all with a cost profile that helps WEL effectively
invest in modernization improvements for the benefit of our customrs."
"We're proud to partner with WEL Networks to lead the way toward a
smarter, more energy efficient utility grid of the future," said John
Garner, managing director of Australia and New Zealand, Silver Spring
Networks. "Silver Spring's standards-based IPv6 networking platform sets
the foundation for a diverse range of smart grid applications and
represents a big step forward in the journey to energy efficiency and
sustainability."
Silver Spring's family of products embedding Gen4 technology, ranging
from Communications Modules to Access Points and Relays, is focused on
increasing performance and improving the flexibility needed to meet
utilities' demanding requirements across disparate service territories,
deployment approaches, and application needs. With the promise of "Any
Transport, Any Territory, Any Endpoint, Any Application," Gen4
technology provides a platform for additional communications options so
utilities can efficiently cover all of their territory, from sparse to
dense populations, and support multiple smart grid applications on an
integrated, centrally managed IPv6 network. More information can be
found at www.silverspringnet.com/gen4.
About Silver Spring Networks
Silver Spring Networks is a leading smart grid networking platform
technology and solutions provider. We have connected over 11 million
homes and businesses throughout the world with the goal of achieving
greater energy efficiency for the planet. Our 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, Florida Power
& Light, Jemena Electricity Networks Limited, Pacific Gas & Electric and
Pepco Holdings, Inc. among others. For more information please visit www.silverspringnet.com.

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