Silver Spring Networks Names American Economist Laura D’Andrea Tyson to its Board of Directors

Business Wire, July 21, 2009

REDWOOD CITY, Calif. -- Silver Spring Networks, a leading Smart Grid network solutions company, announced today that economist Laura D’Andrea Tyson has joined its Board of Directors. Dr. Tyson is an international authority on US competitiveness, high-tech industries, trade policy and the global economy with a focus on "real world" economic problems confronting the US and its international trading partners.

“We are honored to have Laura join our Board of Directors,” said Scott Lang, President, Chairman and CEO of Silver Spring Networks. “Her contributions in service to the US government, global corporations and global business education will be an asset as Silver Spring Networks continues to scale its business both at home and abroad.”

“Silver Spring Networks exemplifies the innovative and entrepreneurial thinking that is transforming industries around the world,” said Dr. Tyson. “The digitization of the electric grid is vital both to improving the efficiency of energy delivery and to addressing the challenges of global climate change through new cleaner power generation. I look forward to contributing to the company’s success in realizing both of these goals as an advisor and member of its Board.”

Dr. Tyson was the first woman to hold the post of Chairperson of the White House Council of Economic Advisers and, subsequently, that of National Economic Adviser to President Clinton. She is currently the S.K. and Angela Chan Professor of Global Management at the Walter A. Haas School of Business at the University of California, Berkeley. Previously, Dr. Tyson served as Dean of the London Business School and Dean of the Haas School of Business. In addition to Silver Spring Networks, Dr. Tyson serves as a Director of Morgan Stanley, AT&T Inc. and Eastman Kodak Company.

Dr. Tyson joins some of the industry’s most prominent thought leaders including: Warren Weiss, Partner, Foundation Capital Partners; Adam Grosser, Partner, Foundation Capital Partners; Thomas R. Kuhn, President of the Edison Electric Institute; Corbin A. McNeill, Jr., Chairman of Portland General Electric and retired Chairman and co-Chief Executive Officer of Exelon Corporation; Ben Kortlang, Partner, Kleiner Perkins Caulfield & Byers; Tom Werner, CEO, SunPower Corporation; and Scott Lang, Chairman, President and CEO, Silver Spring Networks.

About Silver Spring Networks

Silver Spring Networks is a leading Smart Grid network solutions provider that enables utilities to achieve operational efficiencies, reduce carbon emissions and empower their customers with new ways to monitor and manage their energy consumption. SSN provides the hardware, software and services that allow utilities to deploy and run unlimited advanced applications, including Smart Metering, Demand Response, Distribution Automation and Distributed Generation, over a single, unified network. SSN’s Smart Energy Network is based on open, Internet Protocol (IP) standards, allowing continuous, two-way communication between the utility and every device on the grid. SSN has successful deployments with leading utilities in the US and abroad, including Florida Power & Light, Pacific Gas & Electric, Pepco Holdings, Inc., Jemena Electricity Networks Limited and United Energy Distribution, among others. In 2008, the World Economic Forum honored Silver Spring Networks as a Technology Pioneer. For additional information, please visit www.silverspringnetworks.com.