Designation recognizes Rubicon as an AWS Partner that helps to
deploy innovative smart city solutions
Rubicon Technologies, Inc. (“Rubicon”) (NYSE: RBT), a leading
digital marketplace for waste and recycling and provider of
innovative software-based products for businesses and governments
worldwide, today announced that it has achieved Amazon Web Services
(“AWS”) Smart City Competency. This designation recognizes Rubicon
as an AWS Partner that helps customers and the partner community
build and deploy innovative smart city solutions.
AWS is enabling scalable, flexible, and cost-effective solutions
from startups to global enterprises. To support the seamless
integration and deployment of these solutions, AWS established the
AWS Competency Program to help customers identify AWS Partner
Network (APN) members with deep industry experience and
expertise.
Achieving the AWS Smart City Competency distinction
differentiates Rubicon as an APN member that has demonstrated
technical proficiency and proven customer success supporting city
governments and city developers who are witnessing an unprecedented
rate of urban growth. Rubicon is equipped to help handle the
challenges that come with building smarter municipalities and more
environmentally sustainable cities. As cities grow, they will
require technology solutions that improve solid waste management,
urban spatial planning, infrastructure, and city governance.
An example of this is Rubicon’s work with the City of
Harrisonburg, Virginia. Prior to partnering with Rubicon, the City
of Harrisonburg (“the City”) did not have any established solid
waste or recycling routes. Drivers serviced customers through a
flock approach, which resulted in longer routes with higher mileage
and inefficient crossover. Solid waste operations were also
paper-based, and the City was interested in digitizing their code
enforcement and citizen education process. Rubicon’s team digitized
all of the City’s routes. Route duration is now on average one hour
shorter in residential operations, from an average of 351 minutes
per route, down to 290 minutes. These reduced route durations
translate to more than $100,000 in annual savings. Similarly,
Rubicon helped the city cut the length of routes almost in half,
from an average of 63 miles per route down to 33 miles. This
reduced mileage accounts for more than $90,000 in annual savings,
and approximately 230,000 pounds of CO2 emissions avoided.
“Rubicon is extremely proud of our long-standing relationship
with AWS, and we are thrilled to achieve the AWS Smart City
Competency,” said Conor Riffle, Senior Vice President of Smart
Cities at Rubicon. “Rubicon’s mission is to end waste, which refers
to waste in the physical sense, as well as wasted time and, in the
case of Rubicon’s smart city technology products, wasted government
resources. Rubicon’s work with AWS is enabling cities around the
United States to deliver safer, more efficient public services to
their residents while continuing to save tax-payer dollars year
after year.”
RUBICONSmartCity™ is a proprietary, cloud-based technology suite
that helps municipal governments run faster, smarter, and more
effective waste, recycling, and heavy-duty municipal fleet
operations. It runs on AWS, specifically Amazon Relational Database
Service (Amazon RDS) and Amazon Simple Storage Service (Amazon
S3).
“Speaking on behalf of historic Harrisonburg, Virginia, I am
thrilled by the partnership between Rubicon and our great city,”
said Harsit Patel, Support Services Manager for the City of
Harrisonburg. “The annual taxpayer savings generated from utilizing
Rubicon’s products allows us to put these dollars to work in other
areas of the city and provide more efficient and effective
government for all.”
In 2021, RUBICONSmartCity was listed in Fast Company’s World
Changing Ideas Awards in the “AI & Data” and “Spaces, Places,
and Cities” categories, and it was featured in the Climate Next
documentary series by AWS, now available via streaming.
RUBICONSmartCity has been rolled out in more than 80 cities
across the United States, including Asheville, NC; Baltimore, MD;
Columbus, OH; Durham, NC; Fort Collins, CO; Fort Smith, AR;
Glendale, AZ; Greenville, NC; Hartford, CT; Houston, TX; Kansas
City, MO; Memphis, TN; Montgomery, AL; Santa Fe, NM; San Antonio,
TX; Savannah, GA; Scranton, PA; Spokane, WA; and Roseville, CA. The
solution is available for purchase on Sourcewell, the AWS
Marketplace, the HGACBuy consortium, and Marketplace.city.
About Rubicon
Rubicon Technologies, Inc. (NYSE: RBT) is a digital marketplace
for waste and recycling, and provider of innovative software-based
products for businesses and governments worldwide. Striving to
create a new industry standard by using technology to drive
environmental innovation, the company helps turn businesses into
more sustainable enterprises, and neighborhoods into greener and
smarter places to live and work. Rubicon’s mission is to end waste.
It helps its partners find economic value in their waste streams
and confidently execute on their sustainability goals. To learn
more, visit www.Rubicon.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of present or
historical fact included in this press release, are forward-looking
statements. When used in this press release, the words “could,”
“should,” “will,” “may,” “believe,” “anticipate,” “intend,”
“estimate,” “expect,” “project,” the negative of such terms and
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such identifying words. Such forward-looking statements are subject
to risks, uncertainties, and other factors which could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements. These forward-looking statements
are based upon estimates and assumptions that, while considered
reasonable by Rubicon Technologies, Inc. (“Rubicon”) and its
management, are inherently uncertain; factors that may cause actual
results to differ materially from current expectations include, but
are not limited to: 1) the outcome of any legal proceedings that
may be instituted against Rubicon or others following the closing
of Rubicon’s business combination with Founder SPAC (the "business
combination"); 2) Rubicon’s ability to meet the New York Stock
Exchange's listing standards following the consummation of the
business combination; 3) the risk that the business combination
disrupts current plans and operations of Rubicon as a result of
consummation of the business combination; 4) the ability to
recognize the anticipated benefits of the business combination,
which may be affected by, among other things, the ability of the
combined company to grow and manage growth profitably, maintain
relationships with customers and suppliers and retain its
management and key employees; 5) costs related to the business
combination; 6) changes in applicable laws or regulations; 7) the
possibility that Rubicon may be adversely affected by other
economic, business and/or competitive factors; and 8) other risks
and uncertainties set forth in the sections entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements” in
Rubicon’s Registration Statement on Form S-1 filed with the U.S.
Securities and Exchange Commission (“SEC”), and other documents of
Rubicon filed or to be filed with the SEC. Although Rubicon
believes the expectations reflected in the forward-looking
statements are reasonable, nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward looking statements will be
achieved. There may be additional risks that Rubicon presently does
not know of or that Rubicon currently believes are immaterial that
could also cause actual results to differ from those contained in
the forward-looking statements. You should not place undue reliance
on forward-looking statements, which speak only as of the date they
are made. Rubicon does not undertake, and expressly disclaims, any
duty to update these forward-looking statements, except as
otherwise required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220928005136/en/
Investor Contact: Sioban Hickie,
ICR, Inc. rubiconIR@icrinc.com
Media Contact: Dan Sampson Chief
Marketing & Corporate Communications Officer
dan.sampson@rubicon.com RubiconPR@icrinc.com
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