Cubic to Showcase Integration of Multi-Application Smart Card Technology At Parking Industry Exhibition April 19-20.

Cubic Transportation Systems Inc., a subsidiary of San Diego-based Cubic Corporation, will showcase its smart card-based fare collection technology for parking at the Parking Industry Exhibition, held April 19-20 in Chicago.
pie2004.gifCubic, the world leader in automated fare collection systems for public transport, will demonstrate how its open system design and business management software tools allow other vendors' products and services to be integrated into the system. The result is that Cubic's existing transit customers could extend current service offerings to their commuter customer base.
Parking services suppliers Lexis Systems Inc. and Central Parking System will demonstrate Cubic's multi-application smart card technology, which can be integrated into any parking product on the market -- be it for street, garage or lot parking services. The demonstrations will be held in Booth #401 in the Exhibit Hall at the Hyatt Regency (O'Hare).

The capability to integrate parking and other third-party applications is made possible by the open architecture of Cubic's patented Tri-Reader(R). The Tri-Reader, an integral module in all Cubic fare collection equipment, can read any type of contactless smart card meeting international standards. This provides regional and third party participants a truly open system with flexibility, interoperability and a range of fare payment media choices.

On April 19 between 3:30 to 4:30 p.m., David deKozan, vice president of strategic planning for Cubic Transportation Systems Inc., will discuss how to successfully integrate parking and other applications into an open transit system. His presentation, "Regional Smart Card Systems for Parking Applications," is part of the Regional Smart Card/AVI Projects session of the Conference of Parking Management and Technology being held concurrently with the PIE exhibition.

Cubic has fielded or is currently implementing many of the largest regional smart card projects in the world today, including London, Washington, D.C./Maryland/Virginia, Los Angeles, Atlanta, San Francisco and San Diego, and last summer was awarded the contract to deliver a regional system to South East Queensland, Australia. These projects show the transport community's desire to link multiple transport operators, modes and applications in regional ticketing systems because of the greater convenience, higher security and ease of use for patrons.

"Parking is an important extension of services for established transit smart card programs that have developed commercial relationships by leveraging the card into various travel-related applications, such as cities where commuters park their cars for the day and take public transport for inner-city commutes," said deKozan. "With contactless smart cards emerging as the primary form of transit payment in many of the nation's largest transit systems, the ability to add a parking application through a third-party provider creates access to an established customer base numbering in the millions.

"With Cubic's technology and solutions, a variety of partnership relationships are made possible," he added.

About Cubic

cubic_corp.jpgCubic 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, New York / New Jersey region, Washington, D.C. / Baltimore / Virginia region, Los Angeles region, San Diego region, San Francisco, Minneapolis/St. Paul, Chicago, Houston, Atlanta, South Florida, Vancouver and Edmonton, Canada, Brisbane, Australia, Singapore, Bangkok, Thailand, and Scandinavia.

The corporation's other major segment, Cubic Defense Applications, provides realistic combat training systems for military forces as well as simulation, force modernization, educational services, operations & maintenance and manufacturing services. The group also supplies products and systems for C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance) applications, search and rescue avionics and radio communications for military and civil markets. For more information about Cubic, see the company's Web site at www.cubic.com.
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