Helios and Matheson Analytics and RedZone Maps Announce Successful Beta Test

RedZone Maps’ New Proprietary Technology Aims to Disrupt Industry
Standards, Integrating Social Listening, Real-Time Crime Data, Big Data
and Artificial Intelligence

MIAMI & NEW YORK–(BUSINESS WIRE)–$HMNY #hmny–RedZone Maps and Helios and Matheson Analytics Inc. (NASDAQ: HMNY) today
announced completion of the beta testing of their advanced hi-tech
social listening application. Aiming to disrupt the current
crime-reporting industry, RedZone Maps’ new proprietary technology has
already amassed data on more than 500,000 crimes committed in the U.S.
over the past 60 days – shootings, assaults and thefts – across all
state borders and affecting over 1,250 cities. Using the same
proprietary technology worldwide, we are planning to make big data of
the same magnitude available to consumers globally. Currently, the app
is available free in the Apple App store and expected to be accessible
to Android users shortly.

“In today’s world, having information on real-time crimes that have been
committed within the last 24 hours, with the prospect of live reporting
via social listening at your fingertips, is an unprecedented advantage
to all consumers,” said Ted Farnsworth, RedZone’s founder. “Our mission
is to enhance personal safety worldwide, making users aware of their
surroundings whether in their neighborhoods or traveling around the
world.”

“We knew when we met with RedZone initially that our technology and the
RedZone concept would be a game-changer in the technology world. We are
thrilled with the successful results of the testing and the potential of
the project as the technology expands,” added Pat Krishnan, CEO of
Helios and Matheson Analytics.

The proprietary mapping and navigation system offering a safe route and
risky route, combined with the social interaction and real-time crime of
the RedZone platform, is an obvious benefit. We believe, with safety
becoming an ever increasing daily concern around the world, we believe
the leading online travel and lodging apps and sites will benefit along
with consumers from this cutting-edge technology that has not been
available before.

About Helios and Matheson

Helios & Matheson Analytics, Inc. provides information technology
consulting, training services, software products and enhanced suite of
services of predictive analytics. With their client roster including
Fortune 500 corporations, they focus mainly on the BFSI and Technology
verticals. Their solutions cover the entire spectrum of IT needs,
including applications, data, and infrastructure. The company is
headquartered in New York, NY. Helios and Matheson Analytics, Inc. is
listed on the NASDAQ (HMNY). For more information visit us at http://www.heliosmatheson.com.

About RedZone

RedZone (Zone Technologies, Inc.) is a state-of-the-art mapping and
spatial analysis company with offices in the U.S. and Israel. Its
eye-opening safety map app enhances mobile GPS navigation by providing
advanced proprietary technology, to easily and safely guide travelers to
their destinations while avoiding risky areas deemed “red zones,” due to
high groupings of crime data, with safer routes generally 15% longer.
More than that, the app incorporates a social media component allowing
for real-time “It’s happening now” crime reporting coupled with
up-to-the-minute data from over 1,400 local, state, national and global
sources. Currently available to iOS users with an android version
launching shortly, RedZone is available free in the App Store. More
information is available on the RedZone website and the free app is
available for download in the Apple App Store.

Important Information For Investors And Stockholders

This communication does not constitute an offer to buy or sell or the
solicitation of an offer to buy or sell any securities or a solicitation
of any vote or approval. This communication relates to a proposed
business combination between HMNY and Zone Technologies, Inc. (“Zone”).
In connection with the pending business combination between Zone and
HMNY, HMNY has filed a definitive Information Statement on Schedule 14C
with the Securities Exchange Commission (the “SEC”). INVESTORS AND
SECURITY HOLDERS OF HMNY ARE URGED TO READ THE DEFINITIVE INFORMATION
STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY
AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION. The
definitive Information Statement has been mailed to stockholders of HMNY
in accordance with Regulation 14C under the Securities Exchange Act of
1934, as amended. Investors and security holders may obtain free copies
of these documents and other documents filed with the SEC by HMNY
through the website maintained by the SEC at www.sec.gov.
Copies of the documents filed with the SEC by HMNY will be available
free of charge on HMNY’s website at www.hmny.com.

Cautionary Statement on Forward-looking Information

Certain statements in this communication contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 or under Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (collectively, “forward-looking statements”) that may not be
based on historical fact, but instead relate to future events, including
without limitation statements containing the words “believe”, “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”
and similar expressions. All statements other than statements of
historical fact included in this communication are forward-looking
statements.

Such forward-looking statements are based on a number of assumptions.
Although HMNY’s management believes that the assumptions made and
expectations represented by such statements are reasonable, there can be
no assurance that a forward-looking statement contained herein will
prove to be accurate. Actual results and developments may differ
materially from those expressed or implied by the forward-looking
statements contained herein and even if such actual results and
developments are realized or substantially realized, there can be no
assurance that they will have the expected consequences or effects. Risk
factors and other material information concerning HMNY are described in
its Annual Report on Form 10-K, as amended, for the fiscal year ended
December 31, 2015, and other filings, including current and periodic
reports, filed with the U.S. Securities and Exchange Commission. You are
cautioned to review such reports and other filings at www.sec.gov.

Given these risks, uncertainties and factors, you are cautioned not to
place undue reliance on such forward-looking statements and information,
which are qualified in their entirety by this cautionary statement. All
forward-looking statements and information made herein are based on
HMNY’s current expectations and HMNY does not undertake an obligation to
revise or update such forward-looking statements and information to
reflect subsequent events or circumstances, except as required by law.

For further information, contact info@redzonemap.com.

Contacts

RedZone
Cindy Johnson, 305-646-8774
info@redzonemap.com