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Nordhessischer Verkehrsverbund to Implement Mobile Ticketing Solution by Cubic Transportation Systems

Key Milestone in Establishment of Unified State-Wide Mobile Ticketing; Option to Pay via Bank or Mobile Phone Billing for Enhanced Flexibility (November 15, 2011)

KASSEL, GERMANY -- (Marketwire) -- 11/15/11 -- Cubic Transportation Systems, a business unit of Cubic Corporation (NYSE: CUB), the world's leading provider of intelligent travel solutions, will soon be providing Nordhessischer Verkehrsverbund (NVV) with a mobile service for rail and bus travel planning and ticketing.

Established in 1995, NVV coordinates 26 public transport operators managing and serving 84 train stations and 5,608 bus stops across 100 towns and surrounding rural areas of Northern Hessen.

NVV is one of three authorities providing public transportation in the German state of Hessen. With agreements already in place with Rhein-Main Verkehrsverbund and Rhein-Neckar Verkehrsverbund, the announcement represents a major step towards the goal of a unified mobile ticketing system encompassing all modes of public transport across the state -- the first such scheme in Germany.

Cubic has customized the mobile ticketing service for NVV to ensure the product meets their objectives. As a result, the mobile ticketing solution will integrate with the existing NVV journey planner app so that passengers can receive travel updates and buy their tickets from one source. Additionally, Cubic's payment service-interface on the app will enhance the way in which customers purchase tickets. Customers can either register their credit or debit card details or invoice the cost to their mobile phone bill, an option particularly advantageous for less frequent commuters and tourists.


Marcus Platts, Cubic Transportation Systems managing director for mainland Europe, commented: "NVV is dedicated to developing travel ticketing that matches the needs of its customers, allowing them to check travel information and buy tickets quickly and conveniently. Once deployed, Cubic's advanced mobile ticketing solution will improve the experience for all travelers throughout the region, from daily commuters to occasional visitors.

"Cubic continually develops high-quality travel solutions that deliver an enhanced passenger experience across the world, and we're delighted that NVV will be implementing our mobile ticketing solution across Northern Hessen," continues Marcus Platts. "In the future, we are looking forward to working with NVV to ensure that the entire state will operate on just one mobile ticketing system."

About Cubic Transportation Systems

Cubic Corporation (NYSE: CUB) 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, cyber technologies, asset tracking solutions, and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services.

Cubic Transportation Systems, Inc. is the world's leading turnkey solution provider of automated fare collection systems for public transport including bus, bus rapid transit, light rail, commuter rail, heavy rail, ferry and parking. Cubic's solutions and services include system design, central computer systems, equipment design and manufacturing, device-level software, integration, test, installation, warranty, maintenance, computer hosting services, call centre services, card management and distribution services, financial clearing and settlement, multi-application support and outsourcing services.

Every year, nearly 10 billion rides are taken worldwide using Cubic fare collection 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; and Scandinavia.

For more information about Cubic, visit www.cubic.com

Media Contact

Charlotte Nicholds
HA Media Global Ltd
+44 208 289 7821
charlotte@hamglobal.com

Jan Stevens
Cubic Corporation
858-505-2174
Jan.stevens@cubic.com


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