MIAMI & NEW YORK--(BUSINESS WIRE)--
Helios and Matheson Analytics Inc. (NASDAQ:HMNY) and RedZone, creator of the RedZone Map™ navigation app, a tool for situational awareness and enhancement of personal safety, announced today that Helios and Matheson Analytics has acquired global licensing rights to IsItYou’s facial recognition technology in the field of crime and terrorism for integration with RedZone Map.
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RedZone acquires licensing worldwide for Facial Recognition Technology (Photo: Business Wire)
RedZone plans to integrate RedZone Map’s artificial intelligence technology and proprietary real-time crime database with IsItYou’s facial recognition technology. Through the integration of IsItYou and RedZone Map, RedZone plans to enable RedZone Map users to identify persons whose image they are able to capture on the user’s smartphone camera or video, if the identification can be obtained through RedZone’s available data sources and artificial intelligence technology.
In the future, RedZone plans to develop the capability of delivering real-time notifications of criminally active individuals in a user’s area – such as large events or public spaces, by seeking permitted access to publicly located surveillance cameras operated by private enterprises or government entities.
RedZone expects that the integration of IsItYou’s facial recognition technology with RedZone’s real time crime map will further enhance the personal safety of its users in the United States and internationally.
“Through artificial intelligence and facial recognition technology, we will seek to develop the capability to identify dangerous people entering an area and notify our users in real time,” said Ted Farnsworth, founder of RedZone. “Sending notifications to our users of when their safety is more likely at risk, whether at a concert, in a shopping mall, or simply walking down the street, would greatly increase the utility of RedZone Map to our users. This is a key goal in our continuing development of RedZone Map.”
RedZone has begun integrating and plans to continue integrating the facial recognition technology with its real-time crime/navigation app over the coming months.
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. It has created a community-based ecosystem that features a socially empowered safety map app that enhances mobile GPS navigation using advanced proprietary technology to guide users to their destinations, giving them a choice of a safer route vs. a riskier route. The app incorporates a social media component, which allows for “it’s happening now” crime reporting coupled with real-time crime data from more than 1,400 local, state, national and global sources. RedZone Map is currently available to iOS and Android users. More information is available on the RedZone Map website. Zone Technologies, Inc., a wholly-owned subsidiary of Helios and Matheson Analytics, Inc. (NASDAQ:HMNY) is the creator of RedZone Map.
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. Servicing Fortune 500 corporations and other large organizations, HMNY focuses mainly on BFSI 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.
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