From plane to train: Cubic successfully links Heathrow Express and London Underground ticketing systems in new Heathrow Terminal 5

LONDON, United Kingdom, and SAN DIEGO, Calif. - April 8, 2008 -- Cubic Corporation (Amex: CUB), the world's leading provider of automated fare collection systems for public transport, has developed technology to enable passengers, for the first time, to use one ticket issuing facility for travel by their chosen route from Heathrow to anywhere within the London region. This new fare system integration for Heathrow Express and London Underground has been operational in Heathrow Airport’s new Terminal 5 train station since March 27.

"Heathrow International Airport already serves millions of air travellers each day from all corners of the earth, and the number of travellers will nearly double with the new Terminal 5," said Steve Shewmaker, European managing director for Cubic Transportation Systems Limited, Cubic's United Kingdom subsidiary. "Until now, there has been one ticketing system for Heathrow Express and another system for the London Underground. Merging the two makes it faster and easier for air travellers to purchase their tickets for transport to and from London. Cubic's system is at the very heart of this capability."

At Terminal 5, the attended Heathrow Express ticket office is capable of serving customers requiring tickets for either rail company from one ticketing system, making it easier for travellers new to London to decide how they wish to travel into the heart of the capital. Equally, for the experienced traveller, the unattended machines are collocated, allowing passengers to make rapid purchases to meet their needs. Finally, for those using Oyster™ pay-as-you-go, London Underground customers can go straight to the platform, or purchase nonstandard tickets using their card from the ticket office or unattended machine.

Cubic's Terminal 5 work began in 2005, when BAA, which owns and operates seven airports in the United Kingdom, including Heathrow, awarded a £3.3 million contract to develop the Terminal 5 solution. Cubic achieved a major milestone last year when it delivered all of the system hardware on time: 15 automatic Ticket Vending Machines, seven Ticket Office Machines, and six Wide-Aisle Gates. The Ticket Vending Machines are a new design meeting the latest public-use requirements. The Ticket Office Machines build on Cubic's award-winning FasTIS product deployed widely in the UK to Train Operating Companies. Heathrow Express has chosen to upgrade all its other Ticket Vending Machines and Ticket Office Machines to the Terminal 5 standard.

Cubic has been working to integrate London Underground and Heathrow Express ticketing infrastructure. This has involved considerable innovation on back-office and network capability to ensure that the two organisations' systems worked coherently and securely. The installation and integration were completed in good time for passenger services to commence on March 27.

"This is an interesting project to have delivered,” said Andy Moore, the Terminal 5 project manager for Cubic Transportation Systems Limited. “Terminal 5 is a prestigious site demanding a quality solution to meet complex demands. Cubic appreciates being able to work with its long-standing customers to develop a solution to meet their needs."

Cubic Corporation is the parent of two major segments: transportation and defense. Cubic Transportation Systems is the world's leading full-service systems provider of automated fare collection systems for public transport including bus, bus rapid transit, light rail, commuter rail, heavy rail, ferry and parking. Every year, nearly 10 billion rides are taken worldwide using Cubic fare collection systems. Cubic Transportation Systems has delivered over 400 automated fare collection projects in 40 major markets on five continents, and offers security solutions developed specifically for public transportation infrastructure. The Cubic Defense Applications group is a world leader in realistic combat training systems, mission support services and defense electronics. For more information about Cubic, please visit www.cubic.com.