Cubic Defence New Zealand listed among ‘Top Ten Companies to Watch’ by Technology Investment Network
SAN DIEGO – September 29, 2015 – Cubic Global Defense (CGD), a business unit of Cubic Corporation (NYSE: CUB), today announced that Cubic Defence New Zealand was recognized as one of 2015’s ‘Ten Companies to Watch’ by Technology Investment Network (TIN), the publisher of the TIN100 Report in New Zealand. The TIN100 Report tracks the performance of New Zealand’s two hundred largest technology exporters in the fields of high-tech manufacturing, Information and Communication Technology (ICT) and biotechnology.
The TIN100 ‘Ten Companies to Watch’ recognizes companies that achieved the highest dollar value increase in revenue during the past fiscal year as well as a minimum growth of five percent. The ‘Ten Companies to Watch’ and the ‘Ten Hot Emerging Companies’ were the fastest growing companies in the report, with the larger companies in the ‘Ten Companies to Watch’ list (TIN100: Revenues $1B to $14M NZD) showing a group growth of $378 Million NZD (+12.5 percent).
“Cubic Defence New Zealand develops advanced training solutions that enable our customers to achieve superior training outcomes. Our growth reflects the efforts we make to build strong relationships that deliver value through trust, collaboration and innovative solutions,” said Eric Stierna, director of Cubic Defence New Zealand. “We would like to recognize New Zealand Trade and Enterprise as well as Callaghan Innovation for their support, guidance and the Callaghan R&D Growth Grant, which have contributed significantly to Cubic Defence New Zealand’s ability to transform our culture, grow our company and deliver innovative products to our customers.”
The TIN100 is an industry report sponsored by Callaghan Innovation and New Zealand Trade and Enterprise. Its purpose is to promote high tech company development in New Zealand. The eleventh edition of the 2015 TIN100 Report will be released in October and will contain exclusive trend data and content showcasing New Zealand’s top technology exporters.
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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
858-505-2181
laura.chon@cubic.com