Seasoned Media Financial Executive Joins Newly Merged Maker of RedZone Map
MIAMI & NEW YORK–(BUSINESS WIRE)–November 17, 2016–
Helios and Matheson Analytics, (NASDAQ: HMNY) a company that recently merged with Zone Technologies, maker of the RedZone Map app, announced today that it is welcoming its new Chief Financial Officer, Stuart Benson.
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Bringing with him more than 25 years of media experience in strategic planning, business building and growing shareholder value, Benson joins the Company from A + E Network’s International Division (a Hearst and Disney company) where he was Senior Vice President of Finance. He worked closely with their global operating units that included India, Italy and Singapore, ensuring strong financial results while expanding the company’s global reach.
Prior to that, Benson served as CFO of the Sundance Channel (now Sundance TV) where he was responsible for overseeing the channel’s strategy, operations and performance. He served as a key member of the senior management team and grew the business from a start-up entity to one valued at $500 million. Benson also held leadership positions at Showtime Networks and DeLaurentiis Entertainment Group. He is currently a Board Member of the Media Financial Management Association, a not-for-profit professional association dedicated to business and finance executives in the media and entertainment industry.
“Stuart is gifted with an inherent understanding of the complexity of the media and entertainment industry,” said Ted Farnsworth, chairman of HMNY and founder of RedZone Map. “In addition to his strong and dynamic financial background, Stuart understands our vision to grow RedZone Map into a powerful data-driven digital media platform.”
“We are thrilled to have Stuart as a member of our team. His financial acumen coupled with his media-savvy, transnational background makes him the perfect candidate,” said Pat Krishnan, Helios and Matheson CEO. “I don’t believe we could have found anyone more adept at grasping the integration of media and technology that now defines our company’s future.”
“After meeting with the RedZone team and listening to the vision for the company, it was a no-brainer deciding to join their talented executives,” said Stuart Benson. “RedZone and Helios and Matheson’s goal to enhance personal safety worldwide and make users more aware of their surroundings is something we can all get behind. The merged companies complement each other perfectly and I believe their growth potential is unlimited.”
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. 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 Map
RedZone (Zone Technologies, Inc.) 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.
Defausha Hampton, 646-756-3719