Monday, February 2, 2009

Silver Spring Networks Wins Smart Grid Contract with Pepco

Silver Spring Networks (SSN) has been selected by Pepco Holdings, Inc. (PHI) to provide advanced networking products and services to build a Smart Grid network that will serve its 1.9 million customers in Delaware, Maryland, New Jersey and Washington D.C. Under the multi-year agreement, Silver Spring Networks will provide network infrastructure, devices, software and a variety of services in support of PHI's efforts. Financial terms were not disclosed.

Initial deployments will occur in the Delmarva Power & Light service territory in Delaware, with full deployment to all PHI customers anticipated by 2013, pending regulatory approvals.

Silver Spring Networks supplies open, secure, proven networking platform supporting a variety of Smart Grid solutions, including advanced metering, distribution monitoring and control and home automation.

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