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SAN DIEGO, Calif. – August 13, 2012 - Cubic Corporation (NYSE: CUB) acquired Abraxas Corporation on December 20, 2010.  Abraxas Corporation then and now has no affiliation with Abraxas Applications now known as Trapwire, Inc.

Erroneous reports have linked the company with Trapwire, Inc. Trapwire, Inc. is a risk mitigation technology and services company that builds and markets software products to prevent terrorist threats and criminal attacks.

Cubic Corporation is the parent company of three major business segments:  defense systems, mission support services, and transportation. Cubic Defense Applications, a leading supplier of combat training systems, communications, cyber technologies, and global tracking solutions.  Cubic Mission Support Services is a leading provider of training, operations, maintenance, and technical support services.  Cubic Transportation Systems is the world’s leading provider of automated fare collection systems and services for public transit authorities.  For more information about Cubic, see the company’s Web site at www.cubic.com.