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Cubic Strategic Advisor Larry Yermack Inducted into ITS America Hall of Fame

E-ZPass innovator honored at 2014 World Congress on Intelligent Transport Systems


ITS World Congress The Intelligent Transportation Society of America (ITS America) today announced that Larry Yermack, a strategic advisor to Cubic Transportation Systems, a leading integrator of information technology and payment systems and services for intelligent travel solutions, will be inducted into its Hall of Fame for his lifetime achievements in the transportation industry. 

Yermack has played a key role in helping to design and bring to market NextCity for Tolling—Cubic’s state-of-the-art, next-generation tolling management solution.

“We’re extremely proud that Larry is receiving this honor from his peers and we greatly appreciate his contribution to our significant investment in the creation of our next-generation back office system for the tolling industry,” said Steve Shewmaker, president of Cubic Transportation Systems.

Yermack is being recognized as a national leader in ITS and toll technology, having served as chair of the board of ITS America as well as an ITS America advocate for sustainability. Notably in his career, Yermack was heavily involved in the development of E-ZPass and now advises Cubic as it expands its businesses and services into the tolling sector. 

While acting as chief financial officer of the Triborough Bridge and Tunnel Authority, he conceived of and created the E-ZPass Interagency Group, which deployed the world’s largest electronic toll system. Then as president of PB Farradyne, later Telvent, he was responsible for Travinfo in San Francisco, 511 in New York, as well as numerous traffic signal and toll projects.

Yermack will receive the Hall of Fame honor at the 2014 ITS America World Congress Business Meeting and Awards Breakfast on Tuesday, Sept. 9. Cubic will be celebrating Yermack’s achievements today from 4:30 to 6 p.m. at its Booth 2826 at the ITS World Congress exhibition that runs in parallel with the World Congress Sept 7-11 at Cobo Convention Center in Detroit.  

Cubic is also providing demos of two vital new businesses, Cubic (ITMS) and Urban Insights, and will participate in three speaking engagements at the event. 

To learn more about Yermack’s achievements, Cubic (ITMS) and Urban Insights, visit Booth 2826 during the following ITS World Congress Exhibition Hall Hours: 

• Monday, Sept. 8, 10:30 a.m. – 6:30 p.m.

• Tuesday, Sept. 9, 9 a.m. – 4:30 p.m.

• Wednesday, Sept. 10, 9 a.m. – 4:30 p.m.

• Thursday, Sept. 11, 9 a.m. – 12 p.m.

About Cubic Transportation Systems

Cubic® Transportation Systems, Inc., is part of Cubic Corporation. Cubic Corporation is the parent company of three major business segments. Cubic Defense Systems is a leading provider of realistic combat training systems and secure communications systems. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for U.S. and allied nations.

Cubic® Transportation Systems, Inc., is a leading integrator of payment and information technology and services for intelligent travel solutions. Cubic delivers integrated systems for transportation and traffic management, delivering tools for travelers to choose the smartest and easiest way to travel and pay for their journeys, and enabling transportation authorities and agencies to manage demand across the entire transportation network – all in real-time. Cubic specializes in design, development, manufacture, supply, installation, integration, services and information.   Services provided by Cubic include on-site management, central systems, operations support, patron support, business support and field services. 

Every year, more than 24 billion transportation payment transactions are processed using Cubic payment and information systems worldwide. Cubic has delivered over 20 regional back office operations which together integrate over 130 transport operators and serve over 38 million people every day in major markets around the world. Active projects include London; Brisbane (Southeast Queensland) region, Australia; New York/New Jersey region; Washington, D.C. /Baltimore/Virginia region; Los Angeles region; San Diego region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region; Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New South Wales), Australia; Germany; and Scandinavia.

For more information about Cubic, see the company’s website at

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