Market Overview

Helios and Matheson Analytics Appoints Raymond T. Crosier President and Chief Operating Officer of Financial Services


Helios and Matheson Analytics Inc. (NASDAQ:HMNY) today announced the
appointment of Raymond T. Crosier president and chief operating officer
of financial services.

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Raymond T. Crosier (Photo: Business Wire)

Raymond T. Crosier (Photo: Business Wire)

Mr. Crosier brings more than 30 years of management and executive
experience to this new role. HMNY believes the addition of Mr. Crosier
will accelerate the creation of new financial services technology
(FinTech) opportunities for HMNY, expanding HMNY's footprint in the
FinTech arena. He will focus on growth, revenues and product innovation
related to HMNY's legacy business, as well as leading HMNY's existing
engagements serving companies such as TD Ameritrade and BMW and seeking
new client engagements for other large organizations. He will also be
part of HMNY's internal M&A team and work to accelerate HMNY's expansion
opportunities in the FinTech space.

"Ray is an inspirational leader and a valuable asset to our executive
team as we continue to fulfill our vision of creating cutting-edge
technologies," said Ted Farnsworth, chairman and CEO of HMNY. "He brings
with him a long and successful track record in the financial services
sector, and we look forward to leveraging his expertise as we seek to
accelerate our growth."

"I am excited to join HMNY to help take the company's FinTech business
to the next level," said Crosier. "We have transformational projects in
development, as well as new products and services to offer that I
believe will drive HMNY's organic growth. We look forward to bringing
critically needed security to the industry's infrastructure to deliver
safe, secure and expeditious financial transactions in the U.S. and

Mr. Crosier has managed companies with full P&L responsibility that
specialize in financial services, internet mobile applications,
transaction processing and electronic payment systems. He currently
serves as a board member and was former chairman of the board of the
Electronic Funds Transfer Association (EFTA), the nation's leading
inter-industry professional association promoting the adoption of
electronic payment systems and e-commerce. He led the EFTA through the
Dodd Frank Financial Reform Act, Durbin amendment interchange
legislation and the creation of the Consumer Financial Protection
Bureau, which comprised the most sweeping changes in financial reform
affecting the industry in more than 20 years.

Mr. Crosier served as president & COO of Online Resources Corporation
(NASDAQ:ORCC), a large financial technology provider dedicated to the
online channel. The company powered transactions between millions of
consumers and financial institutions and biller clients that included
one-third of the top 50 U.S. banks and one-half of the top 12 U.S. card
issuers. His responsibilities included P&L as well as managing the
day-to-day operations and 675 employees. After successfully integrating
several acquisitions, he managed Online Resources' three major operating
divisions and its banking technology unit. Prior to those acquisitions,
he managed the company's seven operating groups: sales and distribution;
client services; corporate and consumer marketing; product management;
operations; technology and systems network development; and professional

Mr. Crosier received his B.A. from the University of Virginia.

MEDIA, PLEASE NOTE: To request data, images, or an interview with
Raymond T. Crosier, president and chief operating officer of financial
services, HMNY, or Theodore Farnsworth, chairman and chief executive
officer of HMNY and its wholly-owned subsidiary, Zone Technologies,
Inc., please contact Greg Bortkiewicz at (415) 359-2306 or

TD Ameritrade is a trademark jointly owned by TD Ameritrade IP
Company, Inc. and the Toronto-Dominion Bank.

BMW is a trademark of BMW AG.

About Helios and Matheson

Helios and Matheson Analytics Inc. (NASDAQ:HMNY) provides information
technology consulting, training services, software products and an
enhanced suite of services of predictive analytics. HMNY focuses mainly
on the BFSI and Technology verticals for companies including 500 and
other large organizations. 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

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

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, its registration statement on Form S-3 declared
effective on January 13, 2017 and other filings, including subsequent
current and periodic reports and registration statements, filed with the
U.S. Securities and Exchange Commission. You are cautioned to review
such reports and other filings at

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.

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