Cubic Automatic Revenue Collection Group completes second line of Monterrey, Mexico, fare-collection system.SAN DIEGO--(BUSINESS WIRE)--Feb. 3, 1995--Cubic Automatic Revenue Collection Group (CARCG) has completed its contract to provide automatic fare collection for the second line of Metrorrey, the new mass-transit system in Monterrey, Mexico, the company announced Friday. Metrorrey awarded the contract to Cubic in 1993 to proceed with the second phase of the AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers. system the company installed in 1992. CARCG, a subsidiary of Cubic Corp., won the AFC system contracts for Line 1 and Line 2 of Metrorrey against competition from France and Japan. Raymond L. deKozan, chairman and chief executive officer of the revenue collection group, said that when completed in 1997, Metrorrey will have three lines with more than 50 stations serving the most populated areas of the city, connecting them with the main industrial and commercial centers of the city. The company designed and installed the system that is the newest and most advanced AFC system of its kind in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . "The Metrorrey contract clearly demonstrates Cubic's ability to compete south of the border," deKozan said. "We are in the final design of an electronic-toll and traffic-management system for the La Plata-Buenos Aires Tollway in Argentina. That contract was awarded only last year, and already we have begun negotiations for a proposed extension of that tollway," he added. The first automatic-fare-collection contract for Metrorrey was awarded to the revenue collection group in 1988 after intensive international competition. The system uses the latest technology, similar to that being used in other major Cubic installations, including London, Washington, D.C., Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Singapore. It includes automatic entry gates, automatic ticket-vending machines and station computers. The system uses credit-card-size, reusable plastic tickets with a high-coercivity magnetic stripe A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment terminals. . The ticket-vending machine issues single- and multiple-ride tickets. Cubic Automatic Revenue Collection Group is a world leader in automated fare-collection systems. Its automatic fare-collection equipment is in operation in 15 cities on five continents including London; New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ; Washington, D.C.; Houston; Miami; Atlanta; the San Francisco Bay area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay ; Singapore; Hong Kong; and Mexico. Its toll equipment is in use on more than 80 percent of the tollways in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . CONTACT: Cubic New York Revenue Automation Ron Kane, 212/255-1810 or Cubic Corp., San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. Gerry Reeves, 619/277-6780 (office) 619/447-2582 (home) |
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