Cubic Joins Forces With Microsoft CityNext To Bring Innovation To Cities Across The Globe

Cubic Transportation Systems (CTS), a business unit of Cubic Corporation (NYSE:CUB), today announced its participation in Microsoft CityNext, a global initiative empowering cities, businesses and citizens to reimagine their futures and cultivate vibrant communities. Through the Microsoft CityNext initiative, Microsoft and CTS will help cities do "new with less," by combining the power of technology with innovative solutions to connect governments, businesses and citizens with services that increase efficiencies, reduce costs, foster a more sustainable environment and cultivate thriving communities. Cubic and Microsoft's partnership for the CityNext initiative will be on display at the Smart Cities Expo held in Barcelona, November 15-17.

NextCity™ is Cubic's coordinated framework for building a smarter tomorrow in the world's urban centers where increasing populations are resulting in greater traffic congestion, frustrated travelers and lessened productivity - contradicting the very economic excitement cities were designed to inspire. NextCity integrates all travel information and payment, customer experience as well as operations and analytics in the region for all modes of transportation - and the Microsoft Azure cloud platform provides the hosting environment that manages the back office data from participating agencies.

"Cubic and Microsoft have been working at full speed for several months to introduce our alliance to existing and potential customers, and we have secured projects in North America and Australia," said Matt Cole, president of Cubic Transportation Systems. "The first is part of our contract with the Miami-Dade County's Department of Transportation and Public Works to modernize the Cubic-supplied EASY Card revenue management system, including migration of their back office to Microsoft's Azure."

Cubic also has an agreement with the University of Melbourne in Australia to create the first urban laboratory supporting testing and implementation of connected transport in a real-world and dynamic environment, along with the critical urban analytics that drive change. Cubic's solution is integrated with Azure, and this will help empower governments and the wider transportation industry to examine different mobility and transport scenarios in preparing for future smart cities.

Leveraging a broad portfolio of familiar and security-enhanced consumer-to-business software, partner solutions, devices and services and Microsoft's history of successful education and social programs, Microsoft CityNext is a collective effort that helps cities anticipate and plan for these changes and challenges, enabling them to meet citizens' needs, thrive economically and embrace modernity.

"We're thrilled to partner with Cubic on Microsoft CityNext. Microsoft prioritizes a people- and partner-first approach across all our initiatives, and this initiative is no different," said Trudy Norris-Grey, managing director, business development, Worldwide Public Sector, Microsoft. "While cities are feeling the strain from economic challenges, Microsoft CityNext ushers in innovative technology solutions to create opportunities for cities and their citizens, enabling them to accomplish what they never thought possible. We're inspired by our diverse partner ecosystem and know that working together we can help cities realize their full potential."

Attendees of Smart Cities Expo can visit Cubic and Microsoft in Stand D400 at the Gran Via Exhibition Centre in Barcelona, Spain. Follow Cubic Transportation Systems at @CubicTS on Twitter and join the conversation on social media with #NextCity, #MSFTCityNext and #SCEWC16.

About Microsoft CityNext

Microsoft CityNext is a global people-first initiative harnessing all the ideas, energy and expertise of a city's people to create modern, healthy, safe, well-educated and sustainable cities for the future. Microsoft CityNext empowers cities to do new with less, by building on existing infrastructure and investments to digitally transform cities' systems, services and operations; engage citizens and businesses by delivering personalized services and apps that foster real-time dialogue; and accelerate innovation and opportunity through programs and partnerships that empower and nurture the next generation of skilled workers. Combining a vast network of global partners and Microsoft's history of successful education, healthcare and social programs, Microsoft CityNext helps cities plan for and embrace the future.

About Cubic Corporation

Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. For more information about Cubic, please visit the company's website at  www.cubic.com  or on Twitter @CubicCorp.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161116006675/en/

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