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Rackspace Technology and NatureSweet Host 17th Annual Food Distribution 500 Households Will Be Served For Thanksgiving

November 18, 2022

Rackspace Technology and NatureSweet Host 17th Annual Food Distribution 500 Households Will Be Served For Thanksgiving

Rackspace Technology and NatureSweet Host 17th Annual Food Distribution 

500 Households Will Be Served For Thanksgiving

SAN ANTONIO, TX, November 18, 2022 – Rackspace Technology® (NASDAQ: RXT) — a leading end-to-end, multicloud technology solutions company, today announced that to meet the challenge of ensuring adequate healthy food supplies for the vulnerable families in northeast San Antonio, Rackspace Technology, NatureSweet and the San Antonio Food Bank have teamed up for a Thanksgiving food distribution to hundreds of families.

“Our Rackers look forward every year to this opportunity to serve our neighbors and help the San Antonio community,” said Holly Windham, Chief Legal, and People Officer for Rackspace Technology. “We will serve over 500 households through our Food Bank partnership. Celebrating our 17th year of partnership, we are excited to help the Food Bank reach its goal this Thanksgiving.”

“Rackspace Technology has been a longstanding partner of the San Antonio Food Bank and we are thrilled NatureSweet is joining us this year. Together we have been helping build a healthier community. This gift of food to families on the northeast side of San Antonio is truly needed with Thanksgiving approaching. We could not be more grateful,” said Eric Cooper, President & CEO of the San Antonio Food Bank.

WHEN:                       Saturday, Nov. 19

TIME:                         Distribution starts at 9:00 am

WHERE:                    Rackspace Technology headquarters parking lot

                                   1 Fanatical Place, San Antonio, TX 78218

WHO:                         Hundreds of pre-registered families

INTERVIEWS:            SA Food Bank: Eric Cooper

                                   Rackspace Technology: Holly Windham

VISUALS:                   Families getting food put into their car for by Rackers

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

About NatureSweet, Ltd. 

NS Brands, Ltd.® is the single source solution for organic and conventional greenhouse-grown vegetables in North America driven by the consumer’s preference and demand for snacking tomatoes. Always vine-nurtured and hand-picked at the peak of freshness, only NS Brands, Ltd. produce guarantees great taste all year round. NS Brands, Ltd’s produce is carefully grown, harvested, and packaged by more than 5,000 full-time Associates, and is sold at major grocers, mass retailers, club stores, and food service operators in the United States, Canada, and Mexico. Known for its amazing Associates, award-winning quality, and innovative packaging, NS Brands, Ltd. ® is also committed to having a positive social, environmental, and economic impact on the communities in which they operate.

ABOUT THE SAN ANTONIO FOOD BANK

The San Antonio Food Bank is a 501c3 non‐profit organization providing millions of pounds of food to over 530 charitable organizations in Southwest Texas serving those in need. In addition to food distribution, the San Antonio Food Bank provides numerous programs that not only solve the immediate problems of hunger, but help individuals and families gain long‐term food security. For more information about the San Antonio Food Bank, visit our website at www.safoodbank.org. Find us on all social channels: safoodbank

About Rackspace Technology

Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at www.rackspace.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements contain these words.

 These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy, the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners, including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.