Cubic Corp. Introduces New National Security and Homeland Defense Technologies.

Business Editors and High-Tech Writers

SAN DIEGO & ATLANTIC CITY, N.J.--(BUSINESS WIRE)--Sept. 9, 2002

Cubic Corp. (AMEX:CUB) will roll out a variety of new national security and homeland defense technologies at the "2002 National Security and Homeland Defense Symposium," Sept. 10-12 in Atlantic City, N.J.

The technologies include products and systems to improve intelligence and warning, emergency preparedness and response, transportation and border security, protection of critical information, defending against catastrophic events, and counter terrorism.

The 2002 National Security and Homeland Defense Symposium is sponsored by the U.S. Army's Communications and Electronics Command (CECOM), Association of the United States Army (AUSA), Armed Forces Communications and Electronics Association (AFCEA) and the Association of Old Crows (AOC).

Cubic will display and demonstrate national security and homeland defense technologies that support the six critical mission areas for homeland defense and security:

Transportation and Border Security:

Cubic has incorporated biometric technology with its systems integration and established GO CARD(R) contactless smart card capabilities to offer a new open systems approach to providing a highly secure method for monitoring and controlling border and transportation access.

The company's handheld contactless smart card processor can be used for various security applications. Facial biometric and other security data stored on a contactless smart card is read and displayed on the unit's color screen. Security agents can use this device for security spot checks at remote locations at airports, seaports, borders and transportation facilities.

Cubic sees potential smart card security applications opportunities in both military and civilian markets at the federal, state and local levels.

Protecting Critical Infrastructure:

Cubic's information protection and physical security systems technologies offer trusted identification for access to facilities, networks or workstations by using biometric feature identification and Public Key Infrastructure (PKI) digital certificates stored on contactless smart cards or badges. Authorization can be granted and denied by security personnel located locally or at remote locations.

The company is also partnering with Satellite Security Systems to unveil a new asset tracking system using satellite GPS, a technology that tracks ground-based assets with regard to sensitive strategic location and area restriction.

Intelligence & Warning:

Cubic's high speed, jam resistant data links facilitate simultaneous communication among joint/collective forces, allowing troops, whether on foot, or in vehicles, helicopters and combat aircraft to share the same near real-time picture of a military operation in urban and other terrain.

In addition, the company's CDR-4000S DSP receiver features a reprogrammable digital signal processor that can be customized with specific code to suit specialized requirements, such as direction finding, modulation recognition and signal classification.

Emergency Response and Preparedness:

With Cubic's High Speed Mobile Radio Data Link, public safety personnel can obtain mission-critical information in real time, improving emergency response times and enhancing officer safety. The new technology facilitates the construction of one common radio infrastructure that will support data rates three-to-five times the current industry standard to support voice, data and video.

Defending Against Catastrophic Threats:

Cubic's direction finding (DF) technologies provide spectrum monitoring and interference location capabilities. Government agencies can detect and locate interference directed towards communications and navigation systems used by U.S. ships and aircraft.

The company's survivor tracking and recovery system (STAR) uses GPS technology to precisely and covertly locate downed or missing pilots. STAR is interoperable with Cubic's URX-3000 and 4000 handheld survivor radios and can be used for both military and civilian search-and-rescue missions.

Counterterrorism:

Cubic's Deployable System for Training and Readiness (DSTAR) and PC-based Range Instrumentation System (PC-RIS) tracking software creates a unique command and control center mobile package that provides "situational awareness" for urban combat training, search-and-rescue and counter terrorism operations.

The Cubic Defense Applications Group provides instrumented air and ground combat training systems, battle command training simulations, and simulation support for U.S. and allied military forces. The group also produces high technology avionics, data links and communications products for government and commercial customers and provides a wide range of technical and logistics services. The Cubic Transportation Systems Group designs and manufactures automatic fare collection systems for public mass transit, including rail and buses throughout the world. Cubic is drawing on the strengths of both organizations to address national security and homeland defense concerns.

For more information about Cubic, see the company's Web site at www.cubic.com.