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Rackspace Technology Announces Cloud and Innovation Thought Leadership Strategy Series Virtual Roundtable with AWS and International Air Transport Association

November 9, 2020

Rackspace Technology Announces Cloud and Innovation Thought Leadership Strategy Series Virtual Roundtable with AWS and International Air Transport Association

Rackspace Technology Announces Cloud and Innovation Thought Leadership Strategy Series Virtual Roundtable with AWS and International Air Transport Association

SAN ANTONIO – November 9, 2020 – Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will co-sponsor the Cloud — The Enabler of Innovation virtual event with Amazon Web Services (AWS) and International Air Transport Association on November 12 at 10:00 am CT. This webinar is part of the company’s Solve Thought Leadership Strategy Series.

Tolga Tarhan, CTO at Rackspace Technology, will deliver a keynote on how the cloud is necessary to maximizing the potential of forward-thinking techniques like DevOps and cloud native, as well as innovations in serverless and containers. As more customers look to these game-changing approaches in order to innovate, the role of cloud technologies and partners will become an essential factor to success.

“As technology continues to shift at a rapid pace, it’s becoming increasingly difficult for customers to keep pace with the competition,” said Tarhan. “To differentiate, organizations need to innovate by taking advantage of the full capabilities of the cloud. Companies on the frontlines of cloud technologies will be better-positioned to break through the noise and better poised for long-term growth.”

Following the keynote, Tarhan will be joined by panelists from AWS, International Air Transport Association and Rackspace Technology to discuss timely issues like the common misconceptions around cloud native, Agile methodologies, the role of people and processes in cloud innovation, and the future of serverless vs. container solutions.

“Now more than ever, organizations are turning to cloud native to help them innovate,” said Cheryl Hung, VP of Ecosystem at Cloud Native Computing Foundation and moderator of this event. “But with so many common misconceptions about the approach, its adoption can be difficult to implement. This is why it’s become so critical for businesses to have a deep understanding of cloud innovation and its benefits.”

Cloud — The Enabler of Innovation virtual roundtable will include a 10-minute keynote speech and 30-minute panel discussion with industry experts:

Keynote:

●        Guest Speaker: Tolga Tarhan, CTO, Rackspace Technology

Moderator:

●        Cheryl Hung, VP of Ecosystem, Cloud Native Computing Foundation

Panelists:

●        Pascal Buchner, Director ITS & CIO at International Air Transport Association

●        Rory Richardson, Head of Serverless GTM, Amazon Web Services, Inc.

●        Taylor Bird, VP, AWS Solutions and Partnerships, Rackspace Technology

To register for Cloud — The Enabler of Innovation, please visit: https://www.rackspace.com/solve/solve-strategy-series

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can 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 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.