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Cubic Appoints Justin P. Oberman to Newly Created Position

Transportation, policy and security expert to build new markets for Cubic and create value for municipalities

San Diego – WEBWIRE

Cubic Corporation (NYSE: CUB) announced the appointment of Justin P. Oberman as vice president of new markets for Cubicís Government Relations and Strategy team. He will support the Cubic Transportation Systems (CTS) business division with new opportunities presented by fast-growing mobility options and next-generation payment platforms serving urban and regional travelers.

ďAs Cubicís NextCity vision is becoming real, itís vital that we cultivate new markets beyond our existing customer base,Ē said John Roberti, vice president of government relations and strategy, Cubic Corporation. ďJustinís expertise in transportation within both the governmental and commercial sectors make him ideally suited for this new role. He combines a deep understanding of transportation operations, economics, public policy and funding priorities and will be a key member of our team.Ē

Oberman will be focused on helping Cubic create new markets, revenue streams and partnerships. In the process, he will assist Cubicís municipal customers define and deliver on their policy priorities related to congestion management, payment platforms and innovation. He will also be executing on new markets, revenue streams and partnerships for Cubic in transit security.

He has more than 20 years of experience in transportation strategy, finance, policy and infrastructure protection. Since 2006, Oberman has advised CEOs in these sectors on corporate and business development, raising capital and developing public sector strategies. He has also helped start new companies in aviation and supply chain management.

Oberman worked for former U.S. Secretary of Transportation Norman Mineta on Amtrak financing and reform and he was the third employee of the Transportation Security Administration (TSA) after 9/11. At the U.S. Department of Homeland Security, Oberman set up and led TSAís vetting programs, serving as an assistant administrator and member of the Senior Executive Service.

He earned a bachelorís degree with Honors in Government from Wesleyan University. He is a Truman National Security Fellow and was in the Emerging Leaders Program at the Chicago Council on Global Affairs.

About Cubic Corporation

Cubic is a technology-driven, market-leading provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militariesí effectiveness and operational readiness.Our teams innovate to make a positive difference in peopleís lives. We simplify their daily journeys. We promote mission success and safety for those who serve their nation. For more information about Cubic, please visit††or on Twitter†@CubicCorp.

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