City and County of Denver and Rubicon Announce Launch of Smart City Partnership to Improve Efficiency in Solid Waste Collection Operations
12 June 2023 - 10:45PM
Business Wire
Rubicon’s smart city technology is now powering the City and
County of Denver’s entire solid waste and recycling fleet of more
than 150 vehicles, digitizing operations and enabling greater
efficiency
Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE:
RBT), a leading digital marketplace for waste and recycling and
provider of innovative software-based products for businesses and
governments worldwide, today announced the successful launch of
Rubicon’s technology across the City and County of Denver,
Colorado’s (“CCD”) entire fleet of more than 150 solid waste and
recycling vehicles, to help enhance the CCD’s residential waste and
recycling services. CCD signed a five-year agreement with Rubicon
at the end of 2022, and today’s news represents the first major
milestone in the partnership.
Rubicon’s smart city product digitizes the CCD’s waste
collection operation, transitioning the Solid Waste Management
Division’s drivers from paper-based maps and manual routing to
Rubicon’s software. Managers and supervisors across the department
now have real-time insights into route progress, service
completion, and any issues at the curb. Drivers can assist with
each other’s routes in case of a breakdown, and receive updates to
their routes as they happen. Department leaders can use analytics
based on all of this data to identify problems and create
solutions. All of these improvements will enable the Department to
provide a more efficient and effective curbside collection
service.
“We are thrilled to partner with Rubicon to bring the latest
smart city technology to our solid waste and recycling services,”
said Michael B. Hancock, Mayor of Denver. “This partnership is a
continued testament to Denver’s overwhelming commitment to
innovation and efficiency in delivering core public services to our
residents, and I look forward to continuing on this journey with
Rubicon to drive greater efficiency in our operations for years to
come.”
“We are excited to work with the City and County of Denver to
digitize its residential waste and recycling services,” said Conor
Riffle, Senior Vice President of Smart Cities at Rubicon. “Working
with the CCD, we were able to launch quickly after contract
signing, a testament to the efficiency of the CCD’s workforce, and
its enthusiasm to bring new technology products into its fold.”
RUBICONSmartCity™ is the smartest way for cities, counties, and
other municipalities to manage heavy-duty fleets. It is a
proprietary, cloud-based technology suite that helps local
governments run faster, smarter, and more effective waste,
recycling, and heavy-duty municipal fleet operations. Local
governments today are required to do more with less.
RUBICONSmartCity helps existing government-owned fleets improve
neighborhood streetscapes by monitoring vehicle health, improving
driver behavior, and ensuring that materials are collected
efficiently. The results: fewer vehicle accidents, less road wear,
and safer communities.
For more information on Rubicon’s smart waste and recycling,
street sweeping, and snow plowing capabilities, visit the
governments page on the Company’s website.
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 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/20230612005130/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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