Cubic to Discuss Importance of Mobile Apps for Tolling at IBTTA Annual Conference

SAN DIEGO, Oct. 10, 2018 /PRNewswire/ -- Cubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division will share industry insight on the value of mobile payments and associated functionalities for toll systems, in addition to showcasing its Road User Charging Back Office at the International Bridge, Tunnel and Turnpike Association (IBTTA) 86^th Annual Meeting & Exhibition. Taking place in Baltimore, Maryland from October 14–16, IBTTA is the worldwide association for the owners and operators of toll facilities and the businesses that serve tolling.

"The latest generation of mobile applications for major transit agencies can provide valuable information for toll authorities and their customers," said Ken Karnes, global mobile business development director, CTS. "Mobile apps enable comprehensive account management for real-time information, access to payment sources and case management. They also allow for linking payment to an intelligent multi-modal trip planning engine for travelers to determine the most cost-effective and timely route for travel, as well as a single payment source for travel across all modes."

Karnes will present at the following session within the "Mobile Payments – Tolling on the Edge of a Revolution" technology track:

• "Innovations in Transportation Mobile Apps and Applicability to Mobile Toll Systems"
  Tuesday, October 16, 4:00 – 5:30 p.m. (local time); Baltimore Marriott Waterfront, 700 Aliceanna Street, Baltimore, Harborside Ballroom.

Additionally, Cubic will feature its Road User Charging Back Office solution designed for multiagency use, while allowing each tolling entity to have control over its own business rules, revenue apportionment and general ledger. The solution lays a solid foundation for account-based payment processing and customer services across entire states or multistate regions for any number of agencies or types of operators. 

Attendees can visit Cubic at booth #312.  Follow Cubic Transportation Systems on Twitter @CubicTS and join the conversation on social media with #IBTTA.

About Cubic Corporation

Cubic is a market-leading, technology 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. Cubic Global Defense Systems is a leading provider of live, virtual, constructive and game-based training solutions for the U.S. and allied forces. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp.

SOURCE Cubic Corporation

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