"Transport for London has terminated its contract with the Transys consortium 
that provides the Oyster ticketing system for the London Underground, buses and 
trams.

The consortium, which comprises EDS and Cubic, will continue to operate the 
system for the next two years.
However, TfL has confirmed that the consortium owns the Oyster brand, leaving 
confusion over how the transistion to any replacement system will be 
implemented.

A spokesperson for TfL insisted that the contract has been terminated due to 
business reasons, and not because of two consecutive outages that hit London 
over two weeks last month.
The spokesperson also said that Dutch security researchers cracking the Oyster 
card had nothing to do with the decision, which had been in review for some 
time and was purely focussed on value for money."
--clip--

More at
http://news.zdnet.co.uk/security/0,1000000189,39458726,00.htm?r=10

Juha-Matti
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