Cubic and San Francisco MUNI to Give Customers "Clipper Power" for Parking Payment; Pilot Will Demonstrate Added Multimodal

Cubic and San Francisco MUNI to Give Customers "Clipper Power" for Parking
Payment; Pilot Will Demonstrate Added Multimodal Connectivity of Popular
Regional Smart Card

Cubic Corporation (NYSE:CUB) today announced that its business unit, Cubic
Transportation Systems and San Francisco Municipal Transportation Agency
(SMFTA) launched a pilot that will make SFMTA customers the first in the Bay
Area to be able to pay for parking at select SFMTA city garages with their
Clipper(R) Card, the same card they use now to pay for bus and rail fares.
Cubic Transportation Systems is the system integrator and services provider
for the regional Clipper(R) smart card system

SAN DIEGO, Calif., July 30, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Cubic
Corporation (NYSE:CUB) today announced that its business unit, Cubic
Transportation Systems and San Francisco Municipal Transportation Agency
(SMFTA) launched a pilot that will make SFMTA customers the first in the Bay
Area to be able to pay for parking at select SFMTA city garages with their
Clipper® Card, the same card they use now to pay for bus and rail fares. Cubic
Transportation Systems is the system integrator and services provider for the
regional Clipper® smart card system.

Now customers can touch their Clipper cards to a contactless electronic reader
at exit to pay their parking fees and avoid fumbling for cash or having to pay
with a separate bank card. The added multi-modal functionality on the Clipper
card makes payment seamless and convenient for customers.

"The Clipper card is creating convenient options for all users of our regional
transportation network," said Ed Reiskin, SFMTA director of transportation.
"Easy payment at garages with a Clipper card is just one more way we can help
folks get to many favorite San Francisco destinations, while creating another
important convenience for our customers."

"We're excited to bring this added connectivity to Muni's transportation
services," said Matt Newsome, vice president and regional director, West
Coast, Cubic Transportation Systems, Inc. "Parking is an important part in the
day in the life of many Bay Area commuters, and giving them the ability to use
the Clipper card to pay for parking is another step in the direction of a
complete regional system."

Adding value for parking payment is simple: Customers have their choice of
logging into their accounts on the http://www.clippercard.com website and
setting up an "autoload" to their Clipper card specifically for parking, or by
calling the Clipper customer service center at (877) 878-8883 and speaking to
a representative. Cubic, which manages the clippercard.com site, added the new
parking functionality to the site.

Five of the 19 parking garages that SFMTA operates – Japan Center, North
Beach, Performing Arts, Moscone Center and Mission Bartlett – are part of the
pilot.

Clipper Card is the regional smart card system governed by the Metropolitan
Transportation Commission, the agency that plans, coordinates and finances
transportation projects in the nine-county San Francisco Bay Area.
Participating operators include the Bay Area Rapid Transit District, SFMTA, AC
Transit, CalTrain, SamTrans, Santa Clara Valley Transportation Authority and
the Golden Gate Bus and Ferry system.

In addition to being the system integrator, Cubic operates the Clipper Card
customer call center, Clipper Card fulfillment and distribution, technical
help desk, the retail merchant network, and the transit benefits system for
employer/employee management of transit subsidies.

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:

Debra Montner
Montner & Associates
PH: 203-226-9290 ext. 112
Cell: 203-984-7861

Timothy A. Hill
Director of Corporate Communications
Cubic Corporation
PH: 858-505-2430
Cell: 858-232-2927
timothy.hill@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/prweb10974831.htm

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