Cubic Innovation Centre in London leads project design and development for future fare gates

Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE:CUB), along with a diverse team of industry and academic partners, today announced a working collaboration to develop a prototype that integrates future ticketing technologies to support a doubled rate of passenger throughput at fare gates in train stations. According to travel projections, the number of journeys for passenger rail is likely to double over the next 30 years.

Cubic’s submitted proposal, titled “FasTrak Gateless Gateline,” to the Railway Standards and Safety Board’s (RSSB) “Future Ticketing Detection” competition is currently being developed at the Cubic Innovation Centre in London. Cubic is among three entrants selected earlier this year by the RSSB to receive funding from the British government to develop a prototype of the proposed solution.

Cubic is working in partnership with Go Ahead Group, M�vement Strategies, Maynard Group and Bristol Robotics Laboratory to develop a concept demonstrator based on advanced ticket detection technologies that can be integrated into a single gateless system. This detection method – which eliminates the physical barrier of the gate – has the potential to double passenger throughput.

“Improving customer experience is a key challenge in the Rail Technical Strategy, and this competition, part-funded by RSSB, enables the industry to come together to find innovative solutions to address this,” said Neil Webster, Innovation Programme director, RSSB. “Advanced ticket detection technologies have a major part to play in how stations are run in the future.”

FasTrak uses a variety of advanced technologies to seamlessly detect passenger tickets, allowing them to walk normally through fare gates without compromising the operator’s revenue protection. FasTrak will also ensure revenues are collected for their services through an enhanced and secure technology platform providing a simpler means of identifying and apprehending fare evaders.

“Based on our heritage of building and maintaining the hardware, systems and infrastructure for revenue collection, Cubic recognized the need to embrace a wide range of new technologies – some proven, some emerging – that together will transform the traveler experience,” said Roger Crow, executive vice president and managing director, Cubic Transportation Systems Europe. “This project is another example of Cubic’s partner collaborations to find innovative solutions and deliver benefits for travelers and operators alike.”

RSSB created the “Future Ticket Detection” competition to explore new ideas for managing crowds in train stations, monitoring crowd density and directing crowd flow, with the goals of improving passenger safety and security, and protecting revenues for operators.

About Cubic Corporation

Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. 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 Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. 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.

About RSSB

Through research, analysis, and insight RSSB supports our members and stakeholders to deliver a safer, more efficient and sustainable rail system. Our vision is to be a centre of excellence, valued by its members and stakeholders as an essential contributor to their success. Our independent evidence based approach is built on strong technical capability, and the enabling of collaborative industry engagement for the benefit of the whole rail system.

Website: www.rssb.co.ukTwitter: @RSSB_rail

Zeno GroupHannah WilliamsDirector, TechnologyPH: +44 20 3047 2675Hannah.williams@zenogroup.comorCubic CorporationLaura ChonCorporate CommunicationsPH: +1 858-505-2181Laura.chon@cubic.com

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