Cubic Selected as a Finalist in 26th Annual CONNECT Most Innovative New Product Awards

Cubic Selected as a Finalist in 26th Annual CONNECT Most Innovative New
Product Awards

Cubic Corporation (NYSE:CUB) announced today that its next generation (XG) One
Shot crosswind and range measurement system has been selected as a finalist in
the aerospace & security technologies category for the 2013 Most Innovative
New Product Awards, sponsored by CONNECT. CONNECT, a regional program that
catalyzes the creation of innovative technology and life sciences products in
San Diego County, continues its twenty-six year tradition of honoring San
Diego's leaders of innovation and groundbreaking new products with the annual
award.

SAN DIEGO, Calif., Sept. 27, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Cubic
Corporation (NYSE:CUB) announced today that its next generation (XG) One Shot
crosswind and range measurement system has been selected as a finalist in the
aerospace & security technologies category for the 2013 Most Innovative New
Product Awards, sponsored by CONNECT. CONNECT, a regional program that
catalyzes the creation of innovative technology and life sciences products in
San Diego County, continues its twenty-six year tradition of honoring San
Diego's leaders of innovation and groundbreaking new products with the annual
award.

"We're very honored and excited to be a finalist for the most innovative
aerospace & security technologies at the CONNECT Most Innovative New Product
Awards," said Steve Sampson, vice president of advanced programs, Cubic
Defense Applications. "With our One Shot XG technology, we've created a new
system that helps mitigate risk for our customers. New applications and new
deployment initiatives are in our future, as we work to remain innovators in
our field."

Cubic's One Shot technology enables military marksman to hit targets at
extreme ranges with only one rifle shot. One Shot XG immediately measures
downrange crosswind speed and direction and provides aiming corrections. This
field-deployable system is mounted on the rifle or the spotter-scope.

The CONNECT Most Innovative New Product Awards ceremony, to be held at the
Hilton La Jolla Torrey Pines on Dec. 6, will honor product innovation in the
following categories: Aerospace & Security Technologies, Communications & IT,
Hardware & General Technology, Life Sciences – Diagnostics & Research Tools,
Life Sciences – Medical Products, Mobile Apps, Software, Sport & Active
Lifestyle Technologies and Sustainability.

"This year's finalists are among the strongest we've seen," said Tyler Orion,
interim president, CONNECT. "In the 26 years we've produced the MIP Awards,
we've seen San Diego County continue to produce impressive technology
innovation across a broad range of industries, and selecting winners from
among this year's group of finalists will be an exciting challenge."

For the complete list of winners and other information please visit the Most
Innovative New Product Awards website.

About Cubic Corporation

Cubic Corporation is the parent company of three major business segments:
Transportation Systems, Defense Systems, and Mission Support Services. Cubic
Transportation Systems is a leading provider of automated fare collection
systems and services for public transit authorities. Cubic Defense Systems is
a leading provider of realistic combat training systems and secure
communications. Mission Support Services is a leading provider of training,
operations, maintenance, technical and other support services for the U.S. and
allied nations. For more information about Cubic, see the company's Web site
at http://www.cubic.com.

About CONNECT

CONNECT is a regional program that catalyzes the creation of innovative
technology and life sciences products in San Diego County by creating an
environment in which inventors and entrepreneurs have access to the resources
they need for success. Since 1985, CONNECT has assisted in the formation and
development of more than 3,000 companies and is now widely regarded as one of
the world's most successful organizations linking inventors and entrepreneurs
with the resources they need for commercialization of innovative products. As
a result, the program has been modeled in more than 50 regions around the
world – most recently in New York City, Bogotá, Colombia and Saudi Arabia. To
learn more about CONNECT, please visit http://www.connect.org or call
858.964.1300.

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/2013/9/prweb11169555.htm

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