CUB Cubic Corporation

Cubic and University of Melbourne to Deliver World’s First ‘Urban Laboratory’

Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE: CUB), and the University of Melbourne today announced the signing of a Memorandum of Understanding to partner on the development of a National Connected Multimodal Transport (NCMT) Test Bed, which will deliver the first implementation of Cubic’s Surface Transport Management Solution worldwide.

The NCMT Test Bed will be the world’s first urban laboratory capable of large-scale testing and implementation of emerging technologies in complex urban environments. The testing will explore ways to relieve pressures created by population growth and traffic increases by using data from traffic, public transportation and parking. The NCMT Test Bed will also focus on multimodal transportation systems consisting of connected vehicles, roadways, freight, city logistics, public transportation, smart stations, pedestrians and cyclists.

“Our transportation infrastructure is under severe pressure and this is only going to increase. Governments need to make operations more efficient, while allowing customers to easily connect with all the services and infrastructure we have created,” said Tom Walker, senior vice president and managing director, CTS Asia-Pacific. “To achieve this, cities need to take advantage of the massive amounts of data currently at their fingertips and realize new opportunities to connect different systems and create a level of higher intelligence about the system as a whole.”

Cubic’s Surface Transport Management Solution forms the core of the NCMT Test Bed by providing an enhanced system for data usage and analysis by transportation planners. Through its cloud-based platform and unique multimodal integration capabilities, Cubic’s solution can connect different systems and data sets to provide planners with a holistic real-time view of travel across the entire network.

This integration of public, private, freight and active transportation information is essential in guiding strategic decisions to improve traffic patterns, reduce congestion and revolutionize city planning. It will also enhance customer experience through providing a higher quality of information to travelers about all transportation modes from one personalized account.

“We are keen to establish long-term partnerships with leading transport engineering solutions providers, and working with Cubic on the NCMT Test Bed will allow testing and implementation of connected transport in a real-world and dynamic environment,” said Professor Majid Sarvi, professor in Transport for Smart Cities in the Department of Infrastructure Engineering, University of Melbourne. “The NCMT is an integrated platform connecting tools and enablers, which will empower governments and wider industry to examine different mobilities and transport scenarios in preparing for future smart cities.”

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.

EN
13/10/2016

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