Cubic and New South Wales Government Launch Opal Card Trials

Cubic and New South Wales Government Launch Opal Card Trials

Trials Have Begun in Sydney of the New Opal Smart Card System for Public
Transport, Being Installed by the Cubic-Led Pearl Consortium

SYDNEY, Australia and San Diego, Jan. 7, 2013 (GLOBE NEWSWIRE) -- via PRWEB -
Trials have begun in Sydney of the new Opal smart card system for public
transport, being installed by the Cubic-led Pearl consortium.

"This is one of the world's great cities and we are delighted to be bringing
to Sydney a world-class electronic ticketing system (ETS), based on the London
Oyster card," said Steve Shewmaker, president of Cubic Transportation Systems.

"Sydney is getting the best of both worlds. This is tried and true ETS
technology, the best available in the world today. The New South Wales (NSW)
Government and the Department of Transport (TfNSW) should be congratulated for
having the foresight to ensure that the new system is designed to incorporate
emerging technologies as they are tested and proven in other markets."

Shewmaker said the ferry trials were an important landmark which showed that
the project was progressing on time and on budget.

"When the Government awarded the $370 million ($AU398 million) contract to the
Cubic-led Pearl Consortium in May 2010, we committed to a target for commuter
trials to begin on December 7, 2012. We're delighted to have met this key
milestone."

The NSW Minister for Transport, Gladys Berejiklian, recently unveiled the new
Opal card and announced details about the ferry trials. Berejiklian said the
trials would be used to fine tune the system, which would then be rolled out
across greater Sydney. By 2015 Opal equipment will be operating on 42 ferry
wharves, more than 300 train stations, on 5,000 buses and also on light rail.

"London has the Oyster, Hong Kong the Octopus and now Sydney has the Opal
card. It will transform the way people get around, making public transport
more convenient and seeing the end of ticket queues and fumbling for coins,"
said Berejiklian. "The roll out is complex and we are taking our time; we have
learned from overseas that progressive roll outs work best."

The managing director of Cubic Australasia, Tom Walker, who is heading up the
Pearl Consortium project, said Opal is a massive scheme.

"Geographically it's the biggest electronic ticketing system in the world. The
greater Sydney area covers 40,000 square kilometers, stretching from the heart
of Sydney to north of Newcastle, south of Wollongong and west across the Blue
Mountains to Bathurst," said Walker. "In contrast, the London Oyster card's
footprint is over 8,000 square kilometers."

"The progress made so far owes much to the close working relationship that
Cubic and the members of the Pearl Consortium have forged with Transport for
New South Wales (TfNSW), the State Government and public transport operators
in the greater Sydney region," said Walker.

OPAL CARD FACTS

  *The Opal card was named after the NSW official gemstone, the rare and
    valuable black opal.
  *Most of the world's supply of black opals comes from the arid desert
    country around Lightning Ridge, about 700 kilometers inland from Sydney.
  *When she announced the name Opal for the new card late last year the
    Minister said it had been chosen from a list of 665 suggestions. Opal won
    because it was uniquely Australian, short and easy to say.

PEARL CONSORTIUM BACKGROUND The Cubic-led Pearl Consortium team includes;

  *Commonwealth Bank of Australia - the country's largest bank
  *epay Australia - the leading provider of pre-paid products to retailers
  *Downer - one of Australia's biggest engineering companies
  *Parkeon - a world leader in on-board bus equipment.

About Cubic Transportation Systems

Cubic® Transportation Systems, Inc. is part of Cubic Corporation (NYSE:CUB).
Cubic Corporation is the parent company of three major business segments:
Defense Systems, Mission Support Services and Transportation Systems. Cubic
Defense Systems is a leading provider of realistic combat training systems and
defense electronics. Mission Support Services is a leading provider of
training, operations, maintenance, technical and other support services for
U.S. and allied nations.

Cubic Transportation Systems, Inc., is a leading integrator of payment and
information technology and services for intelligent travel solutions. Cubic
delivers integrated solutions that help transport operators manage their
operations and services and give passengers choices in the smartest and
easiest ways to pay their fares. Cubic specializes in design, development,
manufacture, supply, installation, integration, services and information.
Services provided by Cubic include on-site management, central systems,
operations support, patron support, business support and field services.

Every year, nearly 10 billion rides are taken worldwide using Cubic payment
and information systems. Cubic has delivered over 400 projects in 40 major
markets on five continents. Active projects include London; Brisbane
(Southeast Queensland) region, Australia; New York/New Jersey region;
Washington, D.C /Baltimore/Virginia region; Los Angeles region; San Diego
region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region;
Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New
South Wales), Germany; Australia; and Scandinavia.

For more information about Cubic, see the company's Web site at
http://www.cubic.com.

Contacts:

Sydney

John MacGregor
MPR
PH: +61299683600
Mobile: +61414445447
jmac(at)macpr.com(dot)au

San Diego

Timothy A. Hill
Director of Corporate Communications
Cubic Corporation
PH: 858-505-2430
Cell: 858-232-2927
timothy.hill(at)cubic(dot)com

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2012/12/prweb10256633.htm

CONTACT: Cubic Corporation
         Timothy Hill
         timothy.hill@cubic.com
         858-505-2430