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Cubic Transportation Systems to share importance of NextCity vision with toll industry leaders

SAN DIEGO, August 27, 2015 – Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE: CUB), today announced that Larry Yermack, strategic advisor of CTS, will be a panelist at the “A Trip into the Future of the Industry” session of the IBTTA 83rd Annual Meeting and Exhibition. The annual meeting takes place in Dublin, Ireland from August 30 to September 2. Yermack will join a panel of experts offering perspectives on new technologies, policies and business decisions that may impact the toll industry.

“Cubic’s NextCity vision will play an important role in the future of the toll industry as rapid technology advancements, such as connected vehicles, will enable drivers to plan their routes, reserve parking and train seats and pay for their journey – all in an integrated system,” said Matt Cole, executive vice president, strategy and business development of Cubic Transportation Systems. “Cubic looks forward to working closely with the toll industry in fare collection as connected vehicle payment systems emerge globally.”

IBTTA, a worldwide association representing toll facility owners and operators and the businesses that serve them, was founded in 1932 and has members in more than 20 countries on six continents.

Yermack will be speaking at the following panel session during the event:

  • A Trip into the Future of the Industry
    Wednesday, September 2 at 10:00 a.m. – 11:30 a.m. in the Pembroke & Herbert Room at the Doubletree Hilton, Dublin, Ireland

    Panelists Larry Yermack, strategic advisor, CTS; Darrell Johnson, chief executive officer, Orange County Transportation Authority; Brian Quinn, head of innovation lab & ecosystem, Intel Labs Europe, Intel Ireland Ltd.; Eugene O’Brien, Ph.D., School of Civil Engineering, University College Dublin; Steven Preece, managing director, Egis Projects; and Jan Willem Tierolf, chairman, The Stockholm Group, will discuss policy and business decisions that will help the toll industry efficiently deliver services that meet the ever-changing expectations of customers. Moderated by John Davis, associate director, Arup.

Attendees of the event can visit Cubic (Booth #12) in the sponsor exhibition area at the meeting venue. Follow Cubic at @CubicTS and #IBTTADublin15 to join the conversation on social media.

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About Cubic Corporation

Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. As the parent company of two major business units, Cubic’s mission is to increase situational awareness and understanding for customers worldwide. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp.

Media contact:

Laura Chon
Corporate Communications
Cubic Corporation 
PH:  858-505-2181
laura.chon@cubic.com