Agistix Selected to Provide Logistics Management Automation

Cubic Defense Applications, Inc. Leverages Agistix’s Dynamic Bidding Environment

Redwood City, Ca.—August 21, 2007 —Agistix, Inc., the leading provider of Logistics Management Automation (LMA) software, today announced that Cubic Defense Applications, Inc. has used Agistix’s on-demand LMA system to help reduce the cost of heavy freight shipments of electronic simulation training equipment. Cubic Defense Applications, Inc. is a major defense component of Cubic Corporation (Amex: CUB), a world provider of realistic combat training systems, mission support services and defense electronics.

"Agistix’s web-based logistics solution and dynamic bidding environment allow us to match our shipment needs with carrier capacity and select the carrier that offers the best value for a specific shipment," said James Mackey, material manager at Cubic. "We believe we are saving roughly 8% to 10% on heavy freight shipments with Agistix."

Cubic is also realizing benefits from Agistix's consolidated invoicing, which streamlines Cubic’s payment process by consolidating all invoices and referencing the job number for each project.

"Taking lessons from the consumer industry, we identified the need for a dynamic bidding environment, backed up by a data repository of shipments, that leverages the spot quote market for heavy freight," said David Fox, president and CEO of Agistix. "We’re thrilled to work with a progressive organization like Cubic that realizes the importance of tools like these to empower the logistics team to make cost-saving decisions."

About Cubic Corporation
Cubic Corporation is the parent company of two major business segments: defense and transportation. The Cubic Defense Applications group is a world leader in realistic combat training systems, mission support services and defense electronics. Cubic Transportation Systems keeps commuters on the move worldwide with state-of-the art mass transit solutions. For more information about Cubic, see the company's Web site at www.cubic.com.

About Agistix
Agistix is the first vendor to deliver on a new vision for enterprise-class, global transportation solutions: Logistics Management Automation (LMA). Agistix LMA bridges the gap between optimized transportation plans and day-to-day global logistics activities that occur with any number of carriers across all modes of transportation. LMA enables companies to gain visibility and control of all of their shipments through a carrier-neutral, web-based system, which leverages a rules-based workflow engine to manage internal and external company shipment processes. By streamlining processes and information management associated with all shipping modes—as well as all shipping locales—Agistix reduces costs, increases efficiency and improves process compliance.

Agistix’s award winning solutions are designed by users with a focus on simplicity, practicality, and scalability.  The solutions are simple and easy to implement, providing Agistix customers with dramatically reduced training costs and rapid ROI.

For more information about Agistix, please visit www.agistix.com.

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Media Contact
Kickstart Consulting, for Agistix
Maria Krinsky
press@agistix.com
415-509-0498