U.S. Court of Appeals Rules in Favor of Silver Spring Networks Against EON Corp. IP Holdings, LLC

Reverses Eastern District of Texas Court Judgment Regarding EON’s
Patent Claims

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Silver Spring Networks, Inc. (NYSE: SSNI) today announced that the U.S.
Court of Appeals for the Federal Circuit ruled in favor of Silver Spring
Networks, reversing a judgment from the U.S. District Court for the
Eastern District of Texas regarding patent claims covering wireless
communication that had awarded approximately $13.0 million plus
pre-judgment interest to EON Corp. IP Holdings, LLC.

Silver Spring’s appeal to the U.S. Court of Appeals for the Federal
Circuit successfully challenged the District Court’s failure to construe
certain claims and, further, the appellate court stated that no
reasonable jury could have found infringement given a proper claim
construction.

“We are very pleased with the U.S. Court of Appeals decision,” said Rick
Arnold, General Counsel, Silver Spring Networks. “We are proud of our
innovation and will continue to vigorously defend Silver Spring and our
customers.”

While EON has a few procedural options to contest today’s ruling, Silver
Spring believes this ruling will be maintained.

Silver Spring’s appellate team was led by Mark Lemley of Durie Tangri
LLP.

Join the Silver Spring Networks Conversation

About Silver Spring Networks Silver Spring Networks
is a leading networking platform and solutions provider for smart energy
networks. Silver Spring’s pioneering IPv6 networking platform, with over
22.9 million Silver Spring enabled devices delivered, is connecting
utilities to homes and business throughout the world with the goal of
achieving greater energy efficiency for the planet. Silver Spring’s
innovative solutions enable utilities to gain operational efficiencies,
improve grid reliability, and empower consumers to monitor and manage
energy consumption. Silver Spring Networks’ customers include major
utilities around the globe such as Baltimore Gas & Electric, CitiPower &
Powercor, Commonwealth Edison, Consolidated Edison, CPS Energy, Florida
Power & Light, Jemena Electricity Networks Limited, Pacific Gas &
Electric, Pepco Holdings, Progress Energy, and Singapore Power, among
others. To learn more, please visit www.silverspringnet.com.

Forward-Looking Statements

This press release contains forward-looking statements about Silver
Spring Networks’ expectations, plans, intentions, and strategies,
including, but not limited to statements regarding the Silver Spring’s
beliefs regarding the final outcome of the EON matter. Statements
including words such as “anticipate”, “believe”, “estimate”, “expect” or
“future” and statements in the future tense are forward-looking
statements. These forward-looking statements involve risks and
uncertainties, as well as assumptions, which, if they do not fully
materialize or prove incorrect, could cause our results to differ
materially from those expressed or implied by such forward-looking
statements. The risks and uncertainties include those described in
Silver Spring Networks’ documents filed with or furnished to the
Securities and Exchange Commission. All forward-looking statements in
this press release are based on information available to Silver Spring
Networks as of the date hereof. Silver Spring Networks assumes no
obligation to update these forward-looking statements.

Contacts

Silver Spring Networks
Amy Cook, 650-839-4183
Global
Communications
acook@ssni.com