Cubic Awarded Contract from National Transport Authority to Deliver Mobile Ticketing System in Ireland

SAN DIEGO, April 8, 2019 /PRNewswire/ -- Cubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division was awarded a contract worth more than $4 million from the National Transport Authority (NTA) to deliver a mobile ticketing system for Ireland. Cubic's scalable and low-risk solution will improve customer experience and provide users with a single capability to purchase tickets for multiple public transport operators. Cubic's mobile ticketing solution supports the NTA's vision to make public transportation in Ireland simpler and more efficient for travelers.

"We are very pleased to work with the NTA to deliver a mobile ticketing system for Ireland that benefits from the in-depth experience and knowledge we've gained through supporting large, medium and small agencies worldwide," said Laurent Eskenazi, managing director, EMEA, Cubic Transportation Systems. "As the very first national mobile ticketing project for Ireland, we look forward to simplifying traveler journeys and creating a quicker and less labor-intensive ticketing process for operators."

Cubic's mobile ticketing solution enables multimodal transportation through an integrated user interface. The mobile ticketing app enables travelers to easily purchase tickets and manage their online accounts. Cubic's world-class mobile ticketing system is deployed and being rolled out in several major cities including Los Angeles, Washington D.C., Chicago, New York, Cologne, Germany and Brisbane, Australia.

About Cubic Corporation

Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries' effectiveness and operational readiness. Our teams innovate to make a positive difference in people's lives. We simplify their daily journeys. We promote mission success and safety for those who serve their nation. For more information about Cubic, please visit www.cubic.com or on Twitter @CubicCorp.

SOURCE Cubic Corporation

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http://www.cubic.com

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