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Cubic Announces Global Launch of Umo Platforms to Enhance Urban Mobility

Cubic Transportation Systems launches flexible suite of platforms, including intuitive fare payment, multi-modal trip planning, real-time data and loyalty

articleLionheart HoldingsJanuary 26, 20214/company/lionheart-holdings/news/cubic-announces-global-launch-of-umo-platforms-to-enhance-urban-mobility
Cubic Announces Global Launch of Umo Platforms to Enhance Urban Mobility

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[{"type":"text","content":"\nCubic Transportation Systems launches flexible suite of platforms, including intuitive fare payment, multi-modal trip planning, real-time data and loyalty incentives for riders, transit agencies and mobility service providers\n\n SAN DIEGO--(BUSINESS WIRE)--\nCubic Corporation (NYSE:CUB) today announced its Cubic Transportation Systems (CTS) business division launched Umo™, a fully-integrated suite of platforms for riders, transit agencies and mobility service providers to complement its existing portfolio of transportation technology.\n\nUmo is a flexible suite of products that enables riders to conveniently pay fares and plan trips across public and private modes, earn rewards for riding public transit and access real-time information to optimize their mobility experience.\n\nDesigned to give riders the ability to travel safely, seamlessly and stress-free around their city or town, Umo simplifies travel by integrating all of a region’s transportation options, from buses, trains, trams and ferries to rideshare, scooters and bikes, in one place. Umo’s scalable platform-based approach is designed to benefit agencies of all sizes from the smallest bus operator to larger towns and cities. Large and mega-cities also benefit with Umo’s suite of platforms complementing their existing fare collection systems with options including enhanced multi-modal journey planning, next generation mobile applications, digital loyalty and rewards, operator intelligence, passenger information and a mobility-as-a-service (MaaS) platform.\n\n“Cities are undergoing a paradigm shift for transportation, with COVID-19 capping a decade in which the transit ecosystem fractured into a complex landscape of new private modes alongside public networks,” said Mick Spiers, general manager of Umo. “With Umo, our vision is to improve quality of life in towns and cities around the world through optimized mobility. Our platform is accessible to all types of travelers and provides the tools people need to travel without congestion, without delays and ultimately, without stress.”\n\n“Umo is a single multi-agency platform. All customers connect and consume the service in a subscription-based model, much the same as you connect to services such as Spotify, Netflix or Office 365,” added Spiers.\n\n“Umo provides our riders with an easy-to-use platform for engagement with ...

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