Cubic Contract Pushes Expansion of New Retail Ticket Issuing System Across UK Train Operating Companies.Ability to Accept Oyster[R] Card Integral to National Rail Retail Strategy 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-based Cubic Corporation (AMEX AMEX See: American Stock Exchange :CUB), has received a contract valued at more than u2 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. 3.9 million) to supply, install and maintain its FasTIS + Oyster ticket issuing system for RSP RSP right sacroposterior (position of the fetus). (Rail Settlement Plan), an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of ATOC ATOC Association of Train Operating Companies (UK) ATOC A Touch of Class ATOC Attack of the Clones (Star Wars Episode 2) ATOC Air Terminal Operations Center ATOC Allied Tactical Operations Center (Association of Train Operating Companies The Association of Train Operating Companies (ATOC) is a body which represents 26 train operating companies that provide passenger railway services on the privatised British railway system. It owns the National Rail brand. ) in the U.K. The sale ensures that TOCs (Train Operating Companies) operating in and around London can continue to respond effectively to customers' travel needs. Cubic, a principal partner in TranSys, the consortium that created and now operates and maintains the Oyster[R] Card system in London, engineered FasTIS + Oyster as the next-generation system to APTIS APTIS All Purpose Ticket Issuing System (UK rail ticket system) , the ticket issuing system Cubic supplied to the national railway more than 20 years ago. The new system, a collaborative effort between Cubic and RSP, was developed to sell Oyster smart card products in addition to all national rail fare products, while providing streamlined ticket issuing, reduced waiting times and shorter queues at the point of sale. The new FasTIS + Oyster devices will be used at 25 rail stations where London Underground and the privately owned TOCs share stations and ticketing systems, and will allow passengers to move easily between heavy rail, London Underground, bus and other modes of transport "This contract award marks the first sale of the new FasTIS + Oyster system with the Oyster[R] Card sales capability following its recent development," said Steve Shewmaker, CTSL's managing director. The new contract includes a hosted data management service and three-year equipment maintenance agreement to be provided by Cubic, along with an option to purchase additional FasTIS + Oyster units and renew maintenance services for an additional three years. 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion