CLASS ACTION SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED SETTLEMENT, AND MOTION FOR ATTORNEYS' FEES AND EXPENSES This notice affects all persons and entities who purchased or otherwise acquired publicly traded common stock of Helios and Matheson Analytics, Inc. during the period between August 15, 2017 and July 26, 2018, inclusive, and were damaged thereby (the "Class"). YOU ARE HEREBY NOTIFIED, pursuant to Federal Rule of Civil Procedure 23 and an Order of the United States District Court for the District of Southern District of New York, that the Court-appointed Class Representatives, on behalf of themselves and all members of the Class, and Theodore Farnsworth ("Farnsworth"), Stuart Benson ("Benson"), and Mitch Lowe ("Lowe" and collectively with Farnsworth, and Benson, the "Individual Defendants"), have reached a proposed settlement of the claims in the above-captioned class action (the "Action") in the amount of $8,250,000 (the "Settlement"). Plaintiffs estimate this represents an average recovery of $4.08 per damaged share of Helios common stock, before attorneys' fees and expenses, based on the estimated number of allegedly damaged shares of Helios common stock held through an alleged corrective disclosure that was statistically significant.