SAN MATEO, Calif., April 27, 2005 — Silver Spring Networks, innovators of open, standards-based utility networking technology, announced that two industry luminaries, Thomas R. Kuhn, President of the Edison Electric Institute and Corbin A. McNeill, Jr., retired Chairman and co-CEO of Exelon Corporation, have joined the company’s Board of Directors.
Silver Spring Networks is transforming the way utilities deliver services to their customers. Extending information and control networking “the last mile” to the customer premise allows utilities to fundamentally improve the quality and efficiency of delivering services to their customers and enables new and emerging applications.
“Utilities across the country and around the world are continually looking for new technologies to improve the service they offer their customers” said Tom Kuhn. “Silver Spring Networks’ open, standards-based architecture will provide the foundation for utilities to deliver better service to their customers.”
“As a former utility executive, I know how important it is to improve reliability and efficiency” said Corbin McNeil. “Silver Spring Networks’ vision of putting ‘the last mile” on-line will revolutionize how utilities operate. I applaud the visionary utilities that are embracing this vision and leading the industry into the next century.”
“We are thrilled Tom and Corbin have joined our board,” said Scott Lang, President and CEO of Silver Spring Networks. “With their vast knowledge of the utility and energy industries, as well their vision and leadership abilities, Tom and Corbin will provide valuable guidance in our drive to transform utility services.”
Kuhn is President of the Edison Electric Institute, the association of investor-owned electric companies whose members generate and distribute approximately three-quarters of the Nation’s electricity. In addition, EEI has a growing affiliate membership of utilities worldwide. Kuhn joined the Institute in 1985 as Executive Vice President, was named Chief Operating Officer in 1988, and elected President in 1990.
Prior to joining the Institute, Kuhn was President of the American Nuclear Energy Council, which subsequently merged with the Nuclear Energy Institute. He joined the Council in 1975 as Vice President, Government Affairs, and became President in 1983. From 1972 to 1975, he headed the energy section of the investment banking firm, Alex Brown and Sons. Prior to that, from 1970 to 1972, Kuhn was White House Liaison Officer to the Secretary of the Navy.
Kuhn currently serves on the Secretary of Energy Advisory Board and on the boards of directors of the NAM Council of Manufacturers Associations, the United States Energy Association, the Alliance to Save Energy, The Electric Drive Transportation Association, and the American Council for Capital Formation. He is chairman of the Committee of 100 of the U. S. Chamber of Commerce. He is Chairman of the Board of the American Society of Association Executives, and past-chairman of ASAE’s Key Industry Association Committee and of the Trade Association Liaison Council. Kuhn was chosen as Association Executive of the Year 2000 by Association Trends magazine. He was the recipient of The Energy Daily’s 2000 Public Policy Leadership Award. Kuhn also received the Alliance to Save Energy’s 2004 Chairman’s Award.
Kuhn received a BA in Economics in 1968 from Yale University, served as a Naval Officer following his graduation, and completed a Masters in Business Administration in 1972 from George Washington University. He completed the Stanford University Graduate School of Business Senior Executive Program in 1989.
McNeill, Jr. is the retired Chairman and co-CEO of Exelon Corporation (NYSE: EXC), one of the nation’s largest utilities, which was formed in October 2000 by the merger of PECO Energy Company and Unicom Corporation. Prior to the merger McNeill was Chairman, President, and Chief Executive Officer of PECO Energy, the Philadelphia utility.
McNeill completed a twenty-year career with the U.S. Navy in 1981 after serving as Commanding Officer of the USS Tautog and Commanding Officer of the Naval Nuclear Power School. He joined the New York Power Authority as Resident Manager of the James A. Fitzpatrick Nuclear Power Plant in 1981 and subsequently was named Senior Vice President, Nuclear Generation. He subsequently joined Public Service Electric and Gas Company (PSE&G) as Vice President, Nuclear in March 1985 and was named Senior Vice President, Nuclear in April 1987.
In March 1988, McNeill joined PECO Energy as Executive Vice President, Nuclear. In April 1990, McNeill was elected President and Chief Operating Officer and a Director of the Company. In April 1995, he was elected to the position of President and Chief Executive Officer and in July 1997 was elected Chairman, President and Chief Executive Officer. During his tenure as Chief Executive Officer, PECO Energy was recognized as “Utility of the Year” by the Edison Electric Institute.
McNeill serves on the Board of Directors of Associated Electric & Gas Insurance Services Limited (AEGIS), Northwestern Corporation, Ontario Power Generation, the Provincially owned generating company and Portland General Electric where serves as Chairman of the Board.
McNeill received his Bachelor of Science Degree in 1962 from the U.S. Naval Academy and has completed graduate courses in business at the University of California (Berkeley) and Syracuse University. He is a 1992 graduate of Stanford University’s Executive Management Program.
About Silver Spring Networks [ www.silverspringnetworks.com ]
Silver Spring Networks connects utilities with their customers over a two-way, real-time network, enabling innovation and change. Utilities can enhance the way they interact with customers. Customers are empowered to manage their energy more efficiently. The quality and reliability of delivery is improved. Costs are lowered. Silver Spring Networks’ standards-based, scalable and secure networking infrastructure, known as the last mile utility network, supports utility applications including advanced metering, demand response and distribution automation.