Four More Counties in Sweden Join Regional Smart Card Transit Fare Collection System; ``Resekortet'' System Will Connect Rail and Bus Services Throughout Southern Sweden. Business Wire | February 14, 2006 | COPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

SAN DIEGO -- Cubic Transportation Systems Limited, a subsidiary of San Diego, Calif.-based Cubic Corporation (AMEX:CUB), has received contracts totaling approximately 73.3 million SEK or US$9 million from four additional counties in Southern Sweden to provide smart card fare collection systems that will link the counties to "Resekortet," the multi-modal smart card-based fare collection system that will connect rail and bus services throughout Southern Sweden.

This expands Cubic's contracts in Sweden to cover five counties, and increases the contract value to $31 ...

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