Helios and Matheson Analytics Inc. announced that on January 20, 2017, Pat Krishnan resigned as the company's Chief Executive Officer and was appointed by the Board as the company's Chief Innovation Officer, for the purpose of managing the process of innovation and technological change in the company as well as originating new ideas and recognizing innovative ideas generated by others at the Company. On the January 20, 2017, Theodore Farnsworth was appointed by the Board as the company's Chief Executive Officer. Mr. Farnsworth, has served as Chairman of the Board of Directors of the company since November 9, 2016 and Chief Executive Officer of Zone since Zone's inception.

An expert in strategic development, marketing and consumer relations, Mr. Farnsworth has utilized these assets and skills building companies throughout his 30-year career. He has owned and operated numerous companies with proprietary products with recognized brand names that he actively helped to develop. Currently, he is Chairman and Founder of the Highlander Companies, Millennial Hotel Group and iCrowd Hotels.

As both Chairman and Chief Executive Officer, Farnsworth will lead the company's strategic direction and all day-to-day operations. Mr. Krishnan will drive many technology-related functions of the company, including initiatives related to artificial intelligence and social listening. As Chief Innovation Officer, Mr. Krishnan will be assuming management of RedZone's worldwide technology functions in the United States (Miami, New York and Silicon Valley), India and Israel.