Helios and Matheson Analytics and Zone Technologies Appoint Dr. E. G. Rajan, Pioneer in Artificial Intelligence and Computer Learning Disciplines, To Chair Science & Technology Development Board

Predictive Vision Expected to Revolutionize RedZone Map’s Crime Data
Reporting and Big Data Analytics

MIAMI & NEW YORK–(BUSINESS WIRE)–$AAPL #MarketWatch–Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and its wholly-owned
subsidiary, Zone Technologies Inc. (“Zone”), creator of the RedZone Map
app, announced today that Dr. E. G. Rajan, esteemed professor and
research scientist, will be joining the organization as founding member
and Chairman of its Science & Technology Development Board.

As Founder and President of the Pentagram Research Centre in Hyderabad,
India, Dr. Rajan was presented the Gold Medal for his lifetime
achievement in Teaching, Research and Industrial Development by former
Indian President, Dr. APJ Abdul Kalam, in 2015. HMNY and Zone expect Dr.
Rajan’s groundbreaking research in the fields of artificial intelligence
and machine learning and his current impact on the field of computer
vision to significantly enhance the functionality and reach of RedZone
Map, merging RedZone Map’s currently available real time crime data
reporting and safer navigation features with data science and technology.

RedZone Map expects to gain an immeasurable advantage from this liaison.
Dr. Rajan is a leader in the field of computer vision, a discipline that
“teaches” computers to gain insight and understanding enabling them to
extract data from the “real world” for which they produce numeric or
symbolic information. As a result, HMNY and Zone expect that Dr. Rajan’s
expertise will enable RedZone Map to further analyze, forecast and
present its crime data to users in a way never before possible.

Dr. Rajan has authored multiple books including Symbolic Computing –
Signal and Image Processing, Electronic Order of Battle Records of
Military Radars, Computers and Information Technology and Foundations of
Information Technology.

“When I first developed RedZone Map, I saw it as an advanced crime data
visualization tool for users to enhance their personal safety and come
together to take back their communities,” said Ted Farnsworth, Chairman
of the Board of HMNY. “But now, with Dr. Rajan’s input in the area of
machine learning, the app is taking on a life of its own, engaging
scientific principles and merging them with the safety concerns of our
users to create a more dynamic and responsive solution. This
metamorphosis is amazing to me. Getting the app to this point was on my
wish list, but now with Dr. Rajan’s input, it is coming to fruition.”

“When we initially looked at RedZone Map, we immediately recognized that
it had great potential and reach,” said Pat Krishnan, CEO of HMNY. It is
no surprise to me that its ongoing development has brought us to this
point, attracting a world class scientist with Dr. E. G. Rajan’s
credentials. We know the app and I know the man, as I am privileged to
have him as my mentor. I believe having Dr. Rajan join us as the
founding member and Chair of our Science & Technology Development Board
will allow RedZone Map to achieve the scientific importance it
rightfully deserves.”

“The unpredictable, yet scientifically explainable is what has steered
my career over 35 years.” Said Dr. Rajan. I see the impending inclusion
of scientific principles into RedZone Map’s technology as less of a task
and more as a labor of love. I look forward to continuing with Mr.
Farnsworth and Mr. Krishnan in developing the app’s scientific potential
and bringing that achievement to users around the world.”

About Helios and Matheson

Helios and Matheson Analytics Inc. (HMNY) provides information
technology consulting, training services, software products and an
enhanced suite of services of predictive analytics. With its client
roster including Fortune 500 corporations, HMNY focuses mainly on the
BFSI and Technology verticals. HMNY’s solutions cover the entire
spectrum of IT needs, including applications, data, and infrastructure.
HMNY is headquartered in New York, NY and listed on the NASDAQ Capital
Market under the symbol HMNY. For more information, visit us www.hmny.com.

About RedZone

RedZone Map is a state-of-the-art mapping and spatial analysis company
with operations in the U.S. and Israel. Its eye-opening safety map app
enhances mobile GPS navigation by providing advanced proprietary
technology to 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 real time data from over 1,400 local,
state, national and global sources. Currently available to iOS users
with an Android version launching shortly, RedZone
Map is available free in the Apple App Store. More
information is available on the RedZone
Map website.

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.

Contacts

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