Silver Spring Networks Broadens Smart Utilities Ecosystem Through New Development Agreement With Kamstrup

Today at European Utility Week, Silver Spring Networks, Inc. (NYSE:SSNI) announced the signing of a new development agreement with Kamstrup A/S, a global supplier of intelligent metering solutions for energy and water consumption owned by Danish energy company OK. Silver Spring and Kamstrup will integrate Silver Spring's standards-based IPv6 Gen5 platform and Kamstrup's OMNIPOWER electric meter series to help increase speed to market for smart energy solutions in EMEA, LATAM and Asia Pacific.

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"We were drawn to Kamstrup's experience in understanding the challenges facing the power utility industry in different regions, and their triangulation on customers, production and development to enable rapid innovation," said Eric Dresselhuys, Co-Founder and EVP of Global Development, Silver Spring Networks. "We look forward to working with Kamstrup to expand on our mission to connect things that matter the most."

"Like Kamstrup, Silver Spring believes that it is important to take a holistic approach to the entire value chain in order to more rapidly deliver customized solutions," said Hans Peter Kyk, General Sales Manager, Kamstrup. "Building on each of our own successes, we are excited to develop joint solutions with a company that has a track record like Silver Spring to meet the growing demands for intelligent energy solutions in Europe, Asia, Australia, New Zealand and South America. This collaboration is part of our partner strategy of providing modular and interoperable solutions from meters to analytics."

Silver Spring's Gen5 platform is the company's fifth generation platform for the Internet of Important Things™, offering speeds up to 2.4 Mbps, simultaneous mesh communication on both sub-Gigahertz and 2.4 GHz frequencies, integration of 4G LTE communications, and industry-leading performance, reliability, security and scalability. Kamstrup's OMNIPOWER series provides standard IEC1107 and DLMS interfaces, wide temperature range, load profiling, built-in disconnect and prepayment, and tamper proof and magnetic immunity for residential single-phase and three-phase meters, and commercial & industrial CT meters.