November 29, 2007 – Silver Spring Networks, developer of a last mile utility network, received the World Economic Forum’s prestigious designation of Technology Pioneer in recognition of the Company’s transformational impact on the delivery of utility services. The final selection of 39 Technology Pioneers 2008 winners, from 273 nominees, was made by a panel of leading technology experts. Silver Spring Networks creates the critical networking infrastructure for the Smart Grid, known as a Smart Energy Network. Based on the Internet Protocol (IP) suite, it addresses the challenges of running multiple applications and devices on the same network and dramatically improves efficiency, lowers costs and ensures the reliable delivery of services.
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