Market Overview

Cubic Signs Three-Year Contract Extension to Operate and Maintain Brisbane go card System

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Cubic also set to respond to TransLink Expression of Interest (EOI) for next-generation transportation smart card system arriving in 2019

San Diego, Calif. (PRWEB) November 19, 2015

Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE: CUB), today announced it has signed a three-year contract extension with TransLink commencing in September 2016, to continue operating and maintaining the go card smart card system in the Australian state of Queensland.

The announcement continues the contract between TransLink and Cubic until September 2019.

TransLink recently issued an Expression of Interest for the new go card system contract which Cubic has responded to.

The contract between TransLink and Cubic began in 2003 with the award of the region's first smart card-based integrated ticketing system and services for public transport in Southeast Queensland.

Today, go card is a reliable platform providing seamless travel for the region's 1.2 million rail, light rail, bus and ferry customers.

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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 public transit 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 http://www.cubic.com or on Twitter @CubicCorp.

Media Contact
John MacGregor
MPR Australia
PH: 61-2-9968-3600
Cell: 61-414-445-447
jmac(at)macpr(dot)com(dot)au

Laura Chon
Corporate Communications
Cubic Corporation
858-505-2181
laura(dot)chon(at)cubic(dot)com

For the original version on PRWeb visit: http://www.prweb.com/releases/2015/11/prweb13091888.htm

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