Tag Archives: Silver Spring

Business, Finance, Occupation & Industry

Silver Spring Networks to Release First Quarter 2013 Results on May 1, 2013

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By Business Wirevia The Motley Fool

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Silver Spring Networks to Release First Quarter 2013 Results on May 1, 2013

REDWOOD CITY, Calif.–(BUSINESS WIRE)– Silver Spring Networks, Inc. (NYS: SSNI) , a leading networking platform and solutions provider for smart energy networks, today announced that it will release its financial results for the first quarter ended March 31, 2013 after the close of market on Wednesday, May 1, 2013. Silver Spring Networks will host a conference call that day at 1:30 PM Pacific time (4:30 PM Eastern time) to discuss its financial results, outlook and other business developments. Interested parties may access the conference call live via a dial-in number or audio webcast:

Dial-in Numbers

Domestic: 888-218-8059
International: 913-312-0390
Passcode: 4825924

Webcast

http://ir.silverspringnet.com

A dial-in replay of the conference call will be available until May 15, 2013 at 888-203-1112 (domestic) or 719-457-0820 (international). An audio webcast replay of the conference call will be available for one year at http://ir.silverspringnet.com.

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 15.8 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, CPS Energy, Florida Power & Light, Jemena Electricity Networks Limited, Pacific Gas & Electric, Pepco Holdings, Inc., and Progress Energy, among others. To learn more, please visit www.silverspringnet.com.

Silver Spring Networks
Tricia Gugler, 650-839-4504
Investor Relations
tgugler@silverspringnet.com
or
Global Communications
Noel Hartzell, 650-839-4184
nhartzell@silverspringnet.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Silver Spring Networks Selected by SP PowerAssets for Advanced Metering Infrastructure

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By Business Wirevia The Motley Fool

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Silver Spring Networks Selected by SP PowerAssets for Advanced Metering Infrastructure

Industry Innovators Partner to Deliver Highly Efficient, Reliable and Secure 21 st Century Energy Infrastructure

REDWOOD CITY, Calif.–(BUSINESS WIRE)– Silver Spring Networks, Inc., (NYS: SSNI) a leading networking platform and solutions provider for smart energy networks, today announced it has been appointed by SP PowerAssets Limited (SPPA) to deliver the network and control platform for the initial phase of its advanced metering infrastructure (AMI) project. Under this contract, SPPA, which is a member of the Singapore Power Group and owns the electricity transmission and distribution assets in Singapore, will deploy Silver Spring‘s IPv6-based wireless networking platform across its service territory.

“As a global industry leader, SPPA is widely recognized for its business and technological innovations in delivering reliable and secure energy to one of the most advanced economies on Earth – we are honored to partner with them on this next-generation AMI deployment,” said Scott Lang, Chairman, President & CEO, Silver Spring Networks. “Our proven, IPv6-based networking platform establishes an open and interoperable foundation upon which SPPA can deliver AMI services to its customers for years to come.”

Silver Spring has also partnered with STEE-Infocomm, a division of Singapore Technologies and a recognized leader in implementing smart infrastructure, for this project. STEE-Infocomm will provide a variety of implementation and logistics support.

Silver Spring‘s Smart Energy Platform includes hardware, software and services and is based on an open IPv6 network, enabling continuous secure communication between utilities and their consumers. With the industry’s largest partner ecosystem, it is compatible with a wide array of smart energy network devices. The networking platform can be rapidly scaled, allowing utilities of all sizes and across all geographies to quickly and economically expand their smart grid services offerings. For more information please visit www.silverspringnet.com/solutions.

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 …read more
Source: FULL ARTICLE at DailyFinance

News, Politics, Government

Former NBA star has new job as crossing guard

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Former NBA star Adrian Dantley spent years guarding opponents on the court. Now he’s guarding schoolchildren as they cross the street.

Radio station WTOP (http://bit.ly/YlNvyo) reports that Dantley, a hall-of-famer and former star for the Utah Jazz and Detroit Pistons, started working as a crossing guard in September. He works an hour a day at Eastern Middle School and New Hampshire Estates Elementary School in Silver Spring, Md.

Ths 6-foot-5 Dantley grew up in the area and says he took the job for the health care benefits and to have something to do. Montgomery County civil service records show he gets paid $14,685.50 a year. Dantley says he doesn’t need the money.

He says he enjoys giving the young children high fives and encouragement.

___

Information from: WTOP-FM, http://www.wtop.com

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Source: FULL ARTICLE at Fox US News

Business, Finance, Occupation & Industry

Silver Spring Networks Celebrates Initial Public Offering and First Day of Trading on the New York S

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By Business Wirevia The Motley Fool

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Silver Spring Networks Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)– Silver Spring Networks, a leading networking platform and solutions provider for smart energy networks, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “SSNI” after its initial public offering. Chairman, President and CEO Scott Lang, joined by members of the Silver Spring Networks team, celebrated the company’s first day of trading by visiting the NYSE trading floor for the stock opening and by ringing The Opening BellSM.

Silver Spring Network Chairman, President & CEO Scott Lang, joined by members of Silver Spring management team, rings the NYSE Opening Bell to celebrate the company’s IPO and first day of trading on the NYSE. (NYSE Euronext photo)

“Today we would like to thank our employees, our customers, our partners and our investors who have worked extremely hard to get to this significant milestone, but this really is just the beginning,” said Scott Lang, Chairman, President and CEO of Silver Spring Networks. “We look forward to continued partnership with our utility customers to modernize their power grid to enable greater energy efficiency, improved grid reliability and increased consumer empowerment. Today, we have the privilege of joining the growing number of technology industry pioneers listed on the NYSE.”

“We are delighted to welcome Silver Spring Networks to the NYSE‘s listed company community,” said Duncan Niederauer, CEO of NYSE Euronext (NYX). “Silver Spring Networks is a leader in providing innovative networking solutions that enable utilities to modernize their power grid with technology and to best serve its customers. We look forward to a long-standing partnership with the company and its shareholders.”

For more information on NYSE Euronext’s Listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.

About Silver Spring Networks (NYSE: SSNI)

Silver Spring Networks is a leading networking platform and solutions provider for smart energy networks. Our pioneering IPv6 networking platform, with 15.8 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 is used by major utilities around the globe including Baltimore Gas & Electric, CitiPower & Powercor, Commonwealth …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Strong IPO Debut for Silver Spring Networks

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By 24/7 Wall St.

Hand plugging ethernet cable into wall socket

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Silver Spring Networks Inc. (NYSE: SSNI) is another strong debut for initial public offerings in 2013. Shares opened up 29% at $21.15, versus the price of $17.00 per share. Silver Spring sold only 4.75 million shares in the offering, and the price range was $16 to $18 per share. Even the number of shares was about 1 million more than expected.

This IPO was important because it has been on the books for about eight months. Silver Spring operates a hardware and software network platform that is designed to help utilities create and operate a smarter grid that allows for more remote monitoring of meters and allows consumers to see their power consumption.

Goldman Sachs and Credit Suisse were the joint book-running managers, and co-managers were listed as Piper Jaffray, Stifel Nicolaus, Robert W. Baird, Canaccord Genuity, Evercore Group and Pacific Crest Securities. The underwriters have a 30-day overallotment option to purchase up to an additional 712,500 shares at the same terms as the IPO. It is a safe assumption that the underwriting syndicate exercised its overallotment option.

Silver Spring has traded some 2.8 million shares, and the stock is trading at $21.00 as of 10:25 a.m. EST.

Filed under: 24/7 Wall St. Wire, Infrastructure, IPOs & Secondaries Tagged: SSNI

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Source: FULL ARTICLE at DailyFinance

History

Are “mid-century modern" buildings worth preserving?

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By hnn

Even with its glistening emerald-green glass, the boxy 1960s-era Zalco Building in downtown Silver Spring is hardly noticed by many passersby, let alone thought of as a historic structure.

The very idea makes John Cranston, the building’s engineer, chuckle. “I don’t think George Washington slept here or anything,” he said.

But to Clare Lise Kelly, a historic-preservation planner for Montgomery County, and to other architectural experts, the office building at Georgia Avenue and Cameron Street is a shining example of International style. It’s time, they say, for it and other “mid-century modern” buildings and homes — those with sleek, boxy designs from the 1950s and 1960s — to be considered for historic preservation….

Source:
WaPo

Source URL:
http://www.washingtonpost.com/local/trafficandcommuting/montgomerys-mad-men-modern-buildings–are-they-worth-protecting/2013/02/28/61a57372-7b90-11e2-82e8-61a46c2cde3d_story.html

Date:
2-28-13

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Source: FULL ARTICLE at History News Network – George Mason University