Rubicon Launches Technical Advisory Services (TAS) Offering

Rhea-AI Summary

Rubicon Technologies, Inc. launches Technical Advisory Services to help customers achieve sustainability goals through tailored waste and circular economy solutions. The TAS offering addresses sustainability challenges like hard-to-recycle materials and zero waste goals, providing expertise in materials management, waste audits, and broader sustainability programs.

NEW YORK--(BUSINESS WIRE)-- Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of technology solutions for waste, recycling, and fleet operations, today announced the official launch of its Technical Advisory Services (“TAS”) offering, empowering customers to achieve sustainability goals with tailored zero waste and circular economy solutions.

The TAS offering has been developed in direct response to customer demand for sustainability expertise and strategic guidance. There is no single path to sustainability, but some are more efficient than others—especially when it comes to hard-to-recycle materials (HTRM), logistical challenges, and ambitious zero waste goals. Companies of all sizes are facing tough sustainability decisions that directly impact procurement, operations, staffing, business costs, and environmental goals. This is where Rubicon’s TAS team can help. From materials management strategies to staff education and roll-out, Rubicon is leveraging data and experience to turn waste challenges into opportunities.

Rubicon’s team of subject matter experts is already partnering with customers on the research, strategy, and execution of several sustainability programs, including zero waste (also known as “sustainable materials management,” or SMM), site assessments, waste audits (also known as “material characterizations”), and broader sustainability programs. The Company prides itself on its ability to bring together deep industry expertise, creative solutions, and a vast network of partners working together to develop valuable circular economy solutions.

“Whether you are starting your sustainability journey or refining existing programs to be more efficient and effective, Rubicon’s Technical Advisory Services provide a foundation for success,” said Ryan Cooper, Vice President of Circular Economy Solutions at Rubicon. “Our TAS team works collaboratively with clients, hauling and processing partners, and their internal teams to ensure successful implementations for all stakeholders.”

Rubicon’s TAS team epitomizes collaboration and innovation, engaging with customers across sustainability, operations, and logistics departments to ensure successful and cost-effective implementations. The Company offers bespoke solutions to the complex challenges of end-of-life material streams, emphasizing the need for customized approaches in achieving circular solutions. This hands-on expertise begins in the field, tailoring strategies to the unique needs of each business, from storefronts to offices to kitchens, ensuring plans resonate with your specific sustainability goals and operations.

Rubicon’s network and integration capabilities across technology, commodities, and supply chains enable TAS to uncover scalable solutions that drive cost savings, improve operational efficiency, and enhance results for its customers. Rubicon’s TAS reaffirms the Company’s commitment to empowering clients with the tools and knowledge necessary for achieving ambitious sustainability goals through innovative, practical, and collaborative efforts.

For more information on how Rubicon is deploying its market-leading technology products and expert sustainability solutions to equip businesses, local governments, and haulers with the tools and software they need to support zero waste programs, improve diversion rates, and meet sustainability goals and regulations, visit the enterprises, governments, and haulers pages on the Company’s website.

About Rubicon

Rubicon builds AI-enabled technology products and provides expert sustainability solutions to waste generators, fleet operators, and material processors to help them understand, manage, and reduce waste. As a mission-driven company, Rubicon helps its customers improve operational efficiency, unlock economic value, and deliver better environmental outcomes. To learn more, visit rubicon.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and 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 current expectations, estimates, projections, and assumptions that, while considered reasonable by 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 the business combination; 2) Rubicon’s ability to continue to meet the New York Stock Exchange’s listing standards following the consummation of the business combination; 3) 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; 4) continued costs related to the business combination; 5) changes in applicable laws or regulations; 6) the possibility that Rubicon may be adversely affected by other economic, business and/or competitive factors, including the continued impacts of the COVID-19 pandemic, geopolitical conflicts, such as the conflict between Israel and Hamas or Russia and Ukraine, the effects of inflation and potential recessionary conditions; 7) Rubicon’s execution of anticipated operational efficiency initiatives, cost reduction measures and financing arrangements; and 8) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s Annual Report on Form 10-K, Registration Statement on Form S-1, as amended, filed with the U.S. Securities and Exchange Commission (the “SEC”), and other documents Rubicon has 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, many of which are beyond Rubicon’s control. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240325878150/en/

Investor Contact:

Alexandra Clark

Director of Finance & Investor Relations

alexandra.clark@rubicon.com

Media Contact:

Benjamin Spall

Sr. Manager, Corporate Communications

benjamin.spall@rubicon.com

Source: Rubicon Technologies, Inc.

FAQ

What is Rubicon Technologies, Inc.'s ticker symbol?

Rubicon Technologies, Inc.'s ticker symbol is RBT.

What service did Rubicon Technologies, Inc. announce the launch of?

Rubicon Technologies, Inc. announced the official launch of its Technical Advisory Services (TAS) offering.

What is the focus of Rubicon Technologies, Inc.'s TAS offering?

Rubicon Technologies, Inc.'s TAS offering focuses on helping customers achieve sustainability goals with tailored zero waste and circular economy solutions.

Who is the Vice President of Circular Economy Solutions at Rubicon Technologies, Inc.?

Ryan Cooper is the Vice President of Circular Economy Solutions at Rubicon Technologies, Inc.

What does Rubicon Technologies, Inc.'s TAS team provide assistance with?

Rubicon Technologies, Inc.'s TAS team provides assistance with materials management strategies, staff education, waste audits, site assessments, and broader sustainability programs.