Cubic and Rhein-Main-Verkehrsverbund GmbH Sell Ten Million Tickets through Mobile App in Frankfurt
May 23 2017 - 7:00AM
Business Wire
Cubic Transportation Systems continues
successful partnership with Frankfurt customer since its app launch
in 2010
Cubic Transportation Systems (CTS), a business unit of Cubic
Corporation (NYSE:CUB), today announced the milestone sales of 10
million tickets with its customer Rhein-Main-Verkehrsverbund GmbH
(RMV), one of Europe’s largest transport associations. The tickets
were purchased through Cubic’s mobile app, which was launched in
2010.
The app reached its first milestone in 2015 with five million
tickets sold. Since that time, users have purchased another five
million to reach a new milestone. Cubic has operated the mobile
ticketing system for RMV since launch and continues to work with
its customer to incorporate new features. RMV provides bus and
train services for an annual ridership of 727 million.
“With 10 million tickets sold via mobile, RMV Mobile Ticketing
is the most successful in Germany. It is a vital element of our
strategy for a digital future,” said Professor Knut Ringat,
managing director, RMV. “As part of the growth potential for mobile
ticketing, RMV and Cubic are also testing a new fare product that
is based on distance traveled. The project, called ‘RMV-smart,’ is
a three-year pilot with 20,000 test users.”
“The app’s ongoing progress and success shows that purchasing
tickets via mobile phones resonates with customers because of the
speed and simplicity involved,” said Stefan Jacobs, managing
director, CTS Deutschland GmbH. “We’re excited to continue building
on the system’s functionality through our work with RMV– a
transport operator that exemplifies forward thinking and
innovation.”
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.
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