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oti signs its largest purchase contract for NFCreaders, valued at more than $10 million

Initial Shipment of 40,000 Readers Scheduled for Delivery to U.S. Channel Partner by Year-End Rosh Pina, Israel, November 5, 2013–On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global leader in cashless payment solutions based on contactless transactions and near-field communication (NFC) technology, has signed a major contract to supply its NFC readers to one of…
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Cubic Launches NextWave Mobile Business System for Transit Agencies

2013 APTA Annual Meeting, Chicago, September 30, 2013–In response to the tremendous worldwide growth in smartphone adoption, Cubic Transportation Systems, the world’s largest processor of payment transactions for the transit industry, today launched its NextWave Mobile Business System–a comprehensive platform that enables transit operators to rapidly and securely provide new mobile services to their customers….
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Cubic, Metropolitan Transportation Commission Launch Mobile Website for Clipper Card

San Diego, Calif., September 17, 2013–Cubic Transportation Systems, the system integrator and services provider for the regional Clipper® smart card system, and the Metropolitan Transportation Commission (MTC) announced the launch of a new mobile website for Clipper–https://m.clippercard.com–giving customers an easy, on-the-go way to manage their Clipper Card accounts from a variety of mobile phones. The…
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Cubic Expands Services to San Diego’s North County Transit District

San Diego, Calif., September 5, 2013–Cubic Transportation Systems, designer and integrator of San Diego County’s regional Compass smart card system, won a $1.5 million contract to provide maintenance services for Compass partner North County Transit District’s (NCTD) electronic ticketing equipment for the Coaster commuter rail and Sprinter light rail. The base contract is for three…
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Identive Collaborates with Land Transport Authority on New Smart Paper Tickets for Singapore’s Public Transit System

$3.9 million contract awarded to supply NFC transit tickets over three years Santa Ana, Calif. and Ismaning, Germany, August 19, 2013–Identive Group, Inc. (NASDAQ: INVE) (Frankfurt: INV) has collaborated with the Land Transport Authority (LTA) in Singapore to design new smart chip-based transit tickets for the Southeast Asian country’s extensive rail network. TransitLink, as the…
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Cubic Receives $54.5 Million Six-Year Services Contract Extension for LA Metro

San Diego, Calif., August 13, 2013–Cubic Transportation Systems, the designer and integrator of the TAP universal fare collection system and the largest smart card system in North America, has received a $54.5 million six-year extension to the company’s system support services contract with the Los Angeles County Metropolitan Transportation Authority (Metro). This service extension covers…
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CenPOS Leverages Ingenico’s Telium Technology at Automotive Dealerships Across the U.S.

Atlanta, GA., August 7, 2013–Ingenico (Euronext: FR0000125346–ING), a leading worldwide provider of payment solutions, today announced that CenPOS, a merchant-centric end-to-end payment gateway, has successfully certified and integrated Ingenico’s iSC250 multi-lane device to its secure cloud-based payment platform. This partnership empowers automotive dealerships and other specialty merchants nationwide to streamline their payment acceptance and increase…
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Cubic TAP System Provides Increased Accountability throughout Region with Start of Gate Latching

San Diego, Calif., July 2, 2013–Fare accountability, improved ridership data and efficiency were the major themes on June 19, when gate latching began in the TAP universal payment system designed and integrated by Cubic Transportation Systems, a subsidiary of Cubic Corporation (NYSE:CUB), for the Los Angeles County Metropolitan Transportation Authority (Metro). Metro officials including board…