Cubic Receives $27 Million Contract from New York MTA to Deliver Hardware System for MTA Bus Time®

Cubic Receives $27 Million Contract from New York MTA to Deliver Hardware System for MTA Bus Time®

San Diego, Calif., March 18, 2013–Cubic Transportation Systems, a leading integrator of transportation technology and services provider for intelligent travel solutions, has been awarded a contract for nearly $27 million from the New York Metropolitan Transportation Authority to build and integrate the Bus Hardware System for MTA Bus Time®, the authority’s Customer Information System for bus location and arrival times that will be accessible to riders using an internet browser-based map, a mobile phone-based application and a text message-based service.

As part of the Bus Hardware System, Cubic will deliver its new Mobile Validator that will function as the on-board computer and bus location device for the system.

The MTA is rolling out the GPS-based system across the remaining three boroughs after last year’s successful launch in Staten Island and the Bronx. Cubic will install the MTA’s Bus Hardware System on approximately 3,800 buses serving Manhattan, Brooklyn and Queens. MTA Bus Time was implemented on the Staten Island and Bronx bus fleets last year by a different supplier, in keeping with the MTA’s decision to have at least two suppliers on the program.

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 10 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 http://www.cubic.com