Cubic Awarded Contract to Upgrade UK's Northern Rail Ticket Issuing System; FasTIS System Design Offers Streamlined Transactions at Point of Sale.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. and LONDON -- Cubic Transportation Systems Limited, a subsidiary of San Diego, California-based Cubic Corporation (AMEX AMEX See: American Stock Exchange :CUB), has received a contract from Northern Rail Ltd., UK, for more than GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2.3 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4 million) for the supply, installation and maintenance of its next-generation ticket issuing system. The largest train operating company The term train operating company (abbreviated to TOC) is used in the United Kingdom to describe the various businesses operating passenger trains on the railway system of mainland Great Britain under the collective National Rail brand. of the privatized rail network, Northern Rail operates services across all of northern England Northern England, The North or North of England is a rather ill-defined term, with no universally accepted definition. Its extent may be subject to personal opinion and many companies or organisations have differing definitions as to what it constitutes. . The new system, known as FasTIS, will replace Northern Rail's APTIS APTIS All Purpose Ticket Issuing System (UK rail ticket system) system, also a Cubic system, which has been the workhorse for the rail industry in the UK for almost 20 years. Northern Rail will install and integrate 236 new FasTIS units at its 153 staffed stations as well as at its two training academies. "The award of this contract is an important development as it furthers Cubic's leading position in the UK ticketing business," said Nigel Bryant, Cubic's Managing Director in the UK. Designed to provide a state-of-the-art ticket issuing system for use in rail booking offices, FasTIS provides streamlined ticket issuing while reducing wait times and long passenger lines at the point of sale. The user-friendly interface and ease of operation are central features of the new system which helps operators improve productivity and reduce rail retail costs. FasTIS was also designed for use with Cubic's contactless reader module used in London's Oyster(R) ticketing system, which allows it to be interoperable with the Oyster card. Cubic developed and delivered the Oyster card system for Transport for London's Underground and buses. Cubic Transportation Systems, Inc. is the world's leading full-service systems provider of automated fare collection systems for public transport, including bus, bus rapid transit
Every year, nearly 10 billion rides are taken worldwide using Cubic fare collection systems. Cubic has delivered over 400 projects in 40 major markets on five continents. Active projects include London; New York/New Jersey region; Washington, D.C./Baltimore/Virginia region; Los Angeles region; San Diego region; San Francisco; Minneapolis/St. Paul; Chicago; Atlanta; Vancouver and Edmonton, Canada; Brisbane, Australia; Singapore; Bangkok, Thailand; China; and Scandinavia. |
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