MIAMI & NEW YORK (June 5, 2017)— Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and its subsidiary RedZone, creator of the RedZone Map™ real time crime and navigation app, a tool for situational awareness and enhancement of personal safety, announced today that RedZone has acquired three U.S. patents from Israel-based technology company Trendit Ltd. (TRIT.L UK Stock Exchange), among other assets. Hagai Yedid of Migdal Capital Markets, a division of Israeli company Migdal Insurance and Financial Holdings Ltd., served as advisor on this transaction.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and RedZone, creator of theRedZone Map™ app, announced today that, just one week into its London launch, the app has climbed to #3 on AppAnnie’s charts in the UK in all navigation categories, positioned right after Google Maps and Waze.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and RedZone, creator of the RedZone Map™ app, announced today that their real-time crime mapping coverage of London, launched just two days ago, has been widely embraced by Londoners.
Helios and Matheson Analytics Inc. (NASDAQ: HMNY) and RedZone, creator of the RedZone MapTM app, announced today that London is the latest addition to the RedZone Map real-time crime mapping coverage.
Twitter feeds come in from all over the world, many about crime and terrorism. RedZone will be processing up to 80 million tweets daily, with its technology displaying these threats on RedZone Map in real-time – crime that is happening that very moment. If news of a shooting in Chicago comes across the Twitter feed, RedZone Map now drops a corresponding pin with that information on the map, allowing users to be more aware of their surroundings in real-time. If there is terrorist activity that posts through the feed, users are immediately advised as well. A prime example is the most recent terrorist attack that occurred in London. During the beta test period, RedZone Map was able to monitor real-time Twitter traffic, sourcing the Twitter raw data and enabling the app to acquire current news and information live from the scene.
"We are thrilled to partner with Darryl because of the work he's doing to guide young people toward being the best they can be in today's challenging world," said Ted Farnsworth, chairman and CEO of HMNY and founder of RedZone. "Darryl's tireless commitment to people and their communities is demonstrated through his public service, charitable work and the formation of his own organization dedicated to helping people recover and thrive. His focus on making communities better aligns perfectly with ours and we look forward to working together to promote personal safety through RedZone."
RedZone Map will use its proprietary computer learning and artificial intelligence technology to detect and define Tweets containing crime information, including videos, trends and hashtags. The project is RedZone Map's most significant enhancement to date.
Beyond displaying reported hate crimes, RedZone Map's proprietary software platform incorporates artificial intelligence and predictive analytics to potentially determine when another crime might occur. The app's social media listening component monitors across platforms 24- hours a day, 7 days a week, for social chatter by those who might commit these crimes.
RedZone MapTM, Zone’s proprietary app has achieved exceptionally high installation and conversion metrics, surpassing industry comparable apps over multiple social media platforms.