Cubic Transportation Systems Introduces First Smart Card Reader for Multiple Smart Card Types.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com SAN DIEGO--(BUSINESS WIRE)--Dec. 21, 1999 Cubic Transportation Systems, a subsidiary of San Diego-based Cubic Corp. (AMEX AMEX See: American Stock Exchange :CUB), has designed the first smart card reader capable of processing three types of contactless smart cards, an innovation that will facilitate the mass transit mass transit, public transportation systems designed to move large numbers of passengers. Types and Advantages Mass transit refers to municipal or regional public shared transportation, such as buses, streetcars, and ferries, open to all on a industry's growing use of smart card technology. Using the latest in Digital Signal Processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). (DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive ) technology, the Tri-Reader(TM) processes the ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 14443 Type A, ISO 14443 Type B, and the Cubic GO CARD(R). This "universal" feature gives transit authorities the flexibility to systematically build the infrastructure necessary to support a smart card-based fare collection system without having to be locked into a particular card type. That selection can be made as user requirements are subsequently refined based on transaction speed and memory capabilities of the different card types. The Tri-Reader also supports multiple Security Application Modules (SAMs which will allow transit fare payment equipment to support other applications beyond transit, such as electronic purse. Cubic Transportation Systems is the world's leading supplier of automated fare collection systems for mass transit, and has built fare collection systems in major cities 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 , Chicago, Washington, DC, Sydney, Shanghai, Hong Kong and Singapore. For more information on the Tri-Reader, contact Kim Gregory at Cubic Transportation Systems at 858/627-4587. Tri-Reader(TM) is a trademark of Cubic Transportation Systems Inc. GO CARD(R) is a registered trademark of Cubic Transportation Systems Inc. |
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