Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,424.85 162.29 1.00%
S&P 500 1,862.31 19.33 1.05%
NASDAQ 4,086.22 52.06 1.29%
Ticker Volume Price Price Delta
STOXX 50 3,139.26 47.74 1.54%
FTSE 100 6,584.17 42.56 0.65%
DAX 9,317.82 144.11 1.57%
Ticker Volume Price Price Delta
NIKKEI 14,453.22 35.54 0.25%
TOPIX 1,169.96 3.41 0.29%
HANG SENG 22,758.46 62.45 0.28%

Cubic's go card Expands to Southern Moreton Bay Islands



Cubic's go card Expands to Southern Moreton Bay Islands

The go card system designed and delivered by Cubic Transportation Systems
Australia, part of the transportation systems division of Cubic Corporation
(NYSE:CUB), has undergone a major network extension in South East Queensland
with ferry services for Southern Moreton Bay islands (SMBI) officially
becoming part of the TransLink network this week.

BRISBANE, Australia, July 8, 2013 (GLOBE NEWSWIRE) -- via PRWEB - The go card
system designed and delivered by Cubic Transportation Systems Australia, part
of the transportation systems division of Cubic Corporation (NYSE:CUB), has
undergone a major network extension in South East Queensland with ferry
services for Southern Moreton Bay islands (SMBI) officially becoming part of
the TransLink network this week.

More than 4,500 residents who reside on Karragarra, Lamb, Macleay and Russell
Islands will now be able to use the go card as they commute between the
islands and the mainland.

TransLink's Deputy Director General Matt Longland, who launched the extension
on July 1 at Redland Bay, said the move was a historic occasion, as it
represented the first major extension of the integrated transport network
since it was formed in 2004.

"The move into SMBI means new services, a new operator – Bay Island Transit
Systems (BITS) – and new customers using go card," said Longland. "There are
more than one million passenger trips taken in SMBI each year."

Leading up to the launch, the State Government held a series of information
sessions on the islands and handed out thousands of free go cards as part of a
$75,000 promotion.

Cubic's Queensland General Manager Basil Kypriadakis, who also joined the
celebrations on July 1, said the upgrades took one month and four ferries were
installed with the go card readers on-board.

"Cubic staff worked closely with TransLink and the SMBI technical and
operations staff to install the equipment on the ferries in between trips so
there was no disruption to the services. This now increases ferry services
with go card capability to 32 in the South East Queensland precinct, SMBI
residents will have access to all the benefits that come with electronic
ticketing, including ease of access and the ability to use the go card across
different transport modes."

"Cubic is pleased to be supporting the growth of the network in one of their
geographically largest ticketing systems in the world. In Australia, the Opal
project in Sydney is on track and we're continuing to run a very successful
and stable system in Queensland."

About Cubic Transportation Systems

Cubic® Transportation Systems, Inc., is part of Cubic Corporation. 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 7 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),
Australia; Germany; and Scandinavia.

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

Contacts:
John MacGregor
Managing Director
MPR
PH: 61-2-9969-3600
Cell: 61-414-445-447
jmac(at)macpr.com.au

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

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2013/7/prweb10903045.htm

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