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BRISBANE, Australia – July 8, 2013 – The go card system designed and delivered by Cubic Transportation Systems Australia, part of the transportation systems division of Cubic Corporation (NYSE:CUB), has undergone a major network extension in South East Queensland with ferry services for Southern Moreton Bay islands (SMBI) officially becoming part of the TransLink network this week.

More than 4,500 residents who reside on Karragarra, Lamb, Macleay and Russell Islands will now be able to use the go card as they commute between the islands and the mainland.   

TransLink’s Deputy Director General Matt Longland, who launched the extension on July 1 at Redland Bay, said the move was a historic occasion, as it represented the first major extension of the integrated transport network since it was formed in 2004.

“The move into SMBI means new services, a new operator – Bay Island Transit Systems (BITS) – and new customers using go card,” said Longland. “There are more than one million passenger trips taken in SMBI each year.”

Leading up to the launch, the State Government held a series of information sessions on the islands and handed out thousands of free go cards as part of a $75,000 promotion.

Cubic’s Queensland General Manager Basil Kypriadakis, who also joined the celebrations on July 1, said the upgrades took one month and four ferries were installed with the go card readers on-board.

“Cubic staff worked closely with TransLink and the SMBI technical and operations staff to install the equipment on the ferries in between trips so there was no disruption to the services. This now increases ferry services with go card capability to 32 in the South East Queensland precinct, SMBI residents will have access to all the benefits that come with electronic ticketing, including ease of access and the ability to use the go card across different transport modes.”

“Cubic is pleased to be supporting the growth of the network in one of their geographically largest ticketing systems in the world.  In Australia, the Opal project in Sydney is on track and we’re continuing to run a very successful and stable system in Queensland.”

About Cubic Transportation Systems  

Cubic® Transportation Systems, Inc., is part of Cubic Corporation. Cubic Corporation is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems. Cubic Defense Systems is a leading provider of realistic combat training systems and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for U.S. and allied nations.

Cubic® Transportation Systems, Inc., is a leading integrator of payment and information technology and services for intelligent travel solutions.  Cubic delivers integrated solutions that help transport operators manage their operations and services and give passengers choices in the smartest and easiest ways to pay their fares.  Cubic specializes in design, development, manufacture, supply, installation, integration, services and information.  Services provided by Cubic include on-site management, central systems, operations support, patron support, business support and field services.  

Every year, nearly 7 billion rides are taken worldwide using Cubic payment and information systems. Cubic has delivered over 400 projects in 40 major markets on five continents. Active projects include London; Brisbane (Southeast Queensland) region, Australia; New York/New Jersey region; Washington, D.C /Baltimore/Virginia region; Los Angeles region; San Diego region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region; Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New South Wales), Australia; Germany; and Scandinavia.

For more information about Cubic, see the company's website at www.cubic.com.

Contacts:

John MacGregor
Managing Director
MPR
PH: 61-2-9969-3600
Cell: 61-414-445-447
jmac@macpr.com.au

Timothy A. Hill
Director of Corporate Communications
Cubic Corporation
PH: 858-505-2430
Cell:  858-232-2927
timothy.hill@cubic.com

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