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Rackspace Technology Named Winner of VMware 2023 Lifecycle Services Award for the Americas Region

April 10, 2023

Rackspace Technology Named Winner of VMware 2023 Lifecycle Services Award for the Americas Region

Rackspace Technology Named Winner of VMware 2023 Lifecycle Services Award for the Americas Region

Award Recognizes Rackspace Technology’s Outstanding Customer Experiences and Strengthening of Customer-Partner Relationships

SAN ANTONIO, April 10, 2023 – Rackspace Technology® (NASDAQ: RXT)—a leading end-to-end, multicloud technology solutions company, today announced that it has been awarded the VMware 2023 Lifecycle Services award for the Americas region as part of VMware’s annual Partner Achievement Awards. VMware is recognizing Rackspace Technology for delivering outstanding customer experiences via an integrated lifecycle of services while driving integration across the lifecycle to improve deployment capabilities and create agile environments.

“An integrated lifecycle of services strengthens customer/partner relationships and improves customer satisfaction while driving digital transformation,” said Tara Fine

Vice President, Americas Partner Organization for VMware. “Rackspace is being recognized for creating ongoing customer value at every step—before, during, and after the sale.”

The VMware Partner Achievement Awards program is conducted in partnership with technology research firm IDC, which reviewed and evaluated award submissions against the criteria for each category. Partners are recognized for their achievements in delivering VMware technologies and solutions that helped customers move to modern, cloud-centric architectures and transform their businesses.

“We are proud to receive this recognition from VMware and grateful for our partnership,” said Adrianna Bustamante, VP of Alliances & Partnerships for PVC, Rackspace Technology. “Our partnership with VMware exemplifies our commitment to helping customers leverage next-gen technologies in combination with VMware solutions to lead the industry and transform their businesses.”

To find out more about the 2023 Partner Achievement Awards click here.

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.

Media Contact

Natalie Silva

publicrelations@rackspace.com

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.