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RUBICONSmartCity™ Featured in New Amazon Documentary Series

New series showcases AWS partners using cloud technology to drive innovation and enable sustainability and environmental protection efforts

Lexington, Kentucky, Jan. 20, 2022 (GLOBE NEWSWIRE) — RUBICONSmartCity™, the cutting edge software and technology platform from Rubicon Technologies, LLC (“Rubicon” or the “Company”), an innovative software leader that provides smart waste and recycling solutions for businesses and governments worldwide, is featured in a new documentary series produced by Amazon.

The four-part series, titled Climate Next, is focused on a selection of Amazon Web Services (AWS) partners using AWS cloud technology to drive innovation and enable their sustainability efforts. The episode featuring Rubicon explores the Company’s partnership with the City of Santa Fe, New Mexico, in which it has helped the city improve the performance of its waste, recycling, and sustainability operations.

Santa Fe leverages RUBICONSmartCity, a proprietary, cloud-based technology suite that helps city governments run more efficient, effective, and sustainable operations. In turn, Rubicon uses AWS cloud services including Amazon CloudWatch, Amazon RDS for SQL Server, and Amazon S3 to power its smart city solutions which are deployed in waste and recycling trucks, effectively creating an Internet of Things-enabled waste collection fleet.

“It is an honor to be featured in this ground-breaking documentary series by Amazon,” said Nate Morris, Founder and CEO of Rubicon. “As one of Rubicon’s very first RUBICONSmartCity partners, the transformational work of the Santa Fe team proves that stories of environmental innovation can be found anywhere and everywhere in our great country. Our growing partnership with AWS helps us to deliver solutions to today’s toughest waste and recycling challenges, and to create a healthier, cleaner, and safer America for all.”

By working with Rubicon, Santa Fe has improved customer service for city residents by reducing the number of missed pickups, optimizing collection routes, eliminating paper route sheets, automating the tracking of customer issues, and saving taxpayer dollars through actions such as reducing fuel consumption and wear and tear on vehicles.

Each of Santa Fe’s trash vehicles collects garbage and recycling from between 800 and 900 locations per day. Drivers carry a smartphone running Rubicon’s proprietary app which provides optimized collection routes and live telematics information, and streams that data back to city headquarters via the cloud. Managers and supervisors can track the service status at every home in the city, monitor route progress, and address issues in the field; all of which are essential insights for efficient program operations. Using cloud technology, RUBICONSmartCity is turning Santa Fe’s fleet of garbage trucks into mobile data collection centers, enabling them to complete additional tasks such as detect potholes or identify graffiti.

“Rubicon has worked with us on new technology solutions that have helped to redesign our waste and recycling operations, and move us toward more efficient collections and better customer service,” said Shirlene Sitton, Environmental Services Division Director at the City of Santa Fe. “These efficiencies will reduce our carbon emissions associated with service delivery, moving us toward Santa Fe’s goal of carbon neutrality by 2040.”

As seen with the partnership between Rubicon and Santa Fe, cloud technology can do much more than just modernize waste and recycling programs. It empowers businesses, governments, and organizations of all kinds to streamline operations and work toward long term sustainability goals, all the while saving money and improving the customer experience.

“We are pleased to showcase the important and innovative work that Rubicon has done with the City of Santa Fe to rethink waste collection, creating a vastly better system for both constituents and collectors,” said Kim Majerus, Vice President, State and Local Government & Education at Amazon Web Services. “As governments around the country—and around the world—evaluate how to innovate in a climate-friendly manner, the power of the cloud will continue to be an invaluable tool in reimagining how we live and govern.”

Watch Rubicon and Santa Fe’s episode in Amazon’s Climate Next documentary series, titled The Road to Zero Waste, here.

About Rubicon

Rubicon is a Lexington, Kentucky-based software platform that provides smart waste and recycling solutions for businesses and governments worldwide. Creating 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. Learn more at Rubicon.com.

Rubicon previously announced an agreement for a business combination with Founder SPAC (“Founder”) (Nasdaq: FOUN), which is expected to result in Rubicon becoming a public company listed on the NYSE under the new ticker symbol “RBT” in the second quarter of 2022, subject to customary closing conditions.

About Founder SPAC

Investors and security holders will be able to obtain free copies of the Registration Statement, the proxy statement / consent solicitation statement / prospectus and all other relevant documents filed or that will be filed with the SEC by Founder through the website maintained by the SEC at www.sec.gov.

The documents filed by Founder with the SEC also may be obtained free of charge at Founder’s website at https://www.thefounderspac.com or upon written request to 800 Capital Street, Suite 2400, Houston, TX 77002.

NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

Participants in the Solicitation

Founder and Rubicon and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Founder’s shareholders in connection with the proposed transactions. Founder’s shareholders and other interested persons may obtain, without charge, more detailed information regarding the directors and executive officers of Founder in the Registration Statement to be filed with the SEC. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from Founder’s shareholders in connection with the proposed business combination will be set forth in the Registration Statement.

No Offer or Solicitation

This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.

CONTACT: Media Contact - Rubicon
Dan Sampson
Chief Marketing & Communications Officer, Rubicon
dan.sampson@rubicon.com

Investor Relations Contact - Rubicon
Sioban Hickie, ICR, Inc.
rubiconIR@icrinc.com

Founder SPAC Contact
Cody Slach
Gateway Group
(949) 574-3860
FOUN@gatewayir.com

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