Cubic Transportation Systems will implement a full electronic fare collection solution for Billings, the largest city in Montana

Cubic Corporation (NYSE:CUB) announced its Cubic Transportation Systems (CTS) business division was awarded a contract to deliver its TouchPass electronic fare collection-as-a-service offering to MET Transit, the metropolitan transit system for Billings, Montana. Montana is the ninth state in which the TouchPass system will be in operation. MET Transit, which will utilize Cubic’s TouchPass solution as its electronic fare system for its fixed-route and paratransit systems, will join more than two dozen other agencies that are also using TouchPass, making it the most popular and widely deployed account-based fare system in North America.

TouchPass is a cloud-based, fully configurable, complete fare collection solution available to transit agencies of all sizes. In addition to providing a full set of features, it gives passengers the convenience of purchasing passes and stored value in a wide range of online and physical venues and to use their fare media at every agency using TouchPass technology.

“The COVID-19 pandemic has proven the true value of a fully electronic fare collection solution for public transportation; a contactless fare payment and boarding experience is critical in order to keep travelers safe with simpler and quicker payment systems,” said Mick Spiers, vice president and general manager, Cubic Transportation Platforms. “Additionally, TouchPass allows agencies to access all the benefits of a large-scale account-based ticketing system at a fraction of the cost. We are thrilled to introduce our scalable and versatile solution to the City of Billings.”

“The City of Billings MET Transit division was seeking a new electronic fare system that could be rapidly deployed and would fully support our current fare policy,” said Rusty Logan, transit manager, MET Transit. “We selected TouchPass because it exceeded our requirements most notably in security, convenience, flexibility, and data gathering capabilities. Delerrok has had a fare collection presence in the transit industry for quite some time; as they now have combined with Cubic, we felt very confident in selecting a well-established fare collection system from a trusted and reliable source.”

Cubic’s TouchPass solution is available for rapid implementation and requires no additional agency resources. Built for real-time fare payment processing, TouchPass offers online and mobile transit account management and fare product purchasing as well as fare payment functions using a variety of fare media. The solution collects and analyzes passenger boarding data, allowing for secure real-time fare calculation. It also provides rapid configuration of user interfaces and agency fare policy without the need for any new software development. TouchPass’ multi-tenant, cloud-based architecture offers virtually unlimited scalability and includes continuous upgrades.

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.

Media contact Crystal Nguyen Corporate Communications Cubic Corporation PH: +1 858-505-2593 Crystal.Nguyen@cubic.com

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