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Silver Spring Networks Appoints Vice President of Worldwide Sales

Signals Continued International Expansion for Both Companies

San Mateo, CA, January 8, 2007 - Following a year of successful customer pilots, product advancements and significant funding developments, Silver Spring Networks announced today that Dan Middleton has joined the company as Vice President of Worldwide Sales. He will lead the sales organization and strategy development, reporting to Scott Lang, President and CEO.

“We are delighted to welcome Dan to Silver Spring Networks. His extensive leadership abilities and proven global track record will be instrumental to our success in 2007 as we continue our growth” said Scott. “Dan’s understanding of both advanced networking and the utility industry will help our customers capture the unprecedented value of the Smart Grid.”

“As a veteran of the data networking industry, I recognize that Silver Spring Networks’ standards-based solutions have unique value for the utility industry to create and deliver a host of interactive applications to its customers” said Dan. “With our open approach, utilities will lower operating costs, increase customer interaction in both traditional and alternative energy and improve the service reliability of their networks.”

Prior to joining Silver Spring Networks, Dan was General Manager and Senior Vice President of Riverstone Networks, a leading IP data networking company. He joined Riverstone in 2004 to turn it around and expand its IP networking business. Dan helped shape and execute on the strategy that delivered strong fiscal and customer growth. This success resulted in Lucent Technologies $207 million purchase of Riverstone Networks in April 2006.

For the 10 years prior to joining Riverstone, Dan held various executive positions with Nortel Networks. His leadership included roles such as the Vice President for the Enterprise Data businesses across EMEA, Vice President of IP Technical Sales and Support in the Americas, Global Marketing and Business Development VP for the Cable TV market. He also ran Nortel Asia’s efforts with the Broadband industry’s expansion from video into new two-way, interactive solutions.

In 1998, Dan was part of the executive team that created NOR.WEB Ltd, a European-based venture between Nortel Networks and United Utilities. NOR.WEB was the pioneer in Broadband Over Powerline (BPL) solutions for the utility industry. In early 1998, Dan helped to establish the marketing and customer strategy for this new joint venture in Europe. Later, he returned to the US to lead the formation of a new company to address the unique US electrical infrastructure with Broadband access.

Before joining Nortel Networks, Dan was the Director of Sales for York International Corporation, an Enterprise oriented supplier of industrial HVAC and process equipment in North America.

Dan holds a Bachelors of Mechanical Engineering from the Georgia Institute of Technology and a MBA from Duke University’s Fuqua School of Business.

About Silver Spring Networks

Silver Spring Networks is a leading smart grid networking platform technology and solutions provider. We have connected over 10 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’ utility clients include 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.

Media Contact
Lisa Magnuson
lisamag@silverspringnet.com
415-531-9199