SAN DIEGO, Calif., Dec. 10, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Cubic Global Defense (CGD), a business unit of Cubic Corporation (NYSE: CUB), today announced that Cubic Defence New Zealand (CDNZ) ranks 23rd among New Zealand's top technology companies in Technology Investment Network's (TIN) eleventh edition of the 2015 TIN100 Report. The TIN100 Report provides an annual analysis of New Zealand's largest globally focused companies in the fields of high-tech manufacturing, Information and Communication Technology (ICT) and biotechnology.
"Cubic Global Defense is a technology-led company with strong international operations including Cubic Defence New Zealand (CDNZ). CDNZ is an innovation-driven engineering company developing live ground training solutions for local and global customers," said Eric Stierna, general manager of Cubic Defence New Zealand. "As we near our 30th anniversary in the region, we are pleased to be recognized as a fast growing, top-tier technology company and look
forward to delivering innovative training solutions for years to come."
CDNZ designs, develops and delivers training systems to military and security forces worldwide using advanced technologies. In the 1990s, CDNZ developed their first mobile Combat Training Centre, using GPS and radio to monitor training activity in real time and provide aggregated map views at a remote exercise control center. A decade later, recognizing that many operational deployments were in built-up areas, CDNZ introduced a world-class urban training capability. Recently, CDNZ began developing new systems to enhance safety in high-risk transportation and forestry sites where an absence of infrastructure precludes standard solutions.
TIN researchers collate information from approximately 300 companies and report on the largest 200 for the annual report. Key sections of the TIN100 Report include an analysis and review of ownership structures, market sectors, company profiles, economic impact studies, analysis of research and development; and the regional technology growth areas in New Zealand. The TIN100 report is sponsored by Callaghan Innovation and New Zealand Trade and Enterprise with the purpose to promote high-tech company development in New Zealand.
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About Cubic Corporation
Cubic Corporation designs, integrates and operates systems, products and services focused in the transportation, defense training and secure communications markets. As the parent company of two major business units, Cubic's mission is to increase situational awareness and understanding for customers worldwide. 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 realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations. For more information about Cubic, please visit the company's website at http://www.cubic.com or on Twitter @CubicCorp.
Media Contact
Laura Chon
Corporate Communications
Cubic Corporation
858-505-2181
laura.chon(at)cubic(dot)com
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