RedZone Licenses IsItYou's Technology
Helios & Matheson Analytics (Nasdaq: HMNY) acquired global licensing rights to IsItYou’s facial recognition technology in the field of crime and terrorism for integration with RedZone Map. This deal breaks new ground for IsItYou, adding personal security and crime prevention to the areas where IsItYou's technology can have an immediate positive impact.
HMNY's press release: http://www.businesswire.com/news/home/20170523005808/en/Helios-Matheson-Analytics-RedZone-Acquire-License-Facial
Also, HMNY's stock price doubled on the news: http://www.marketwatch.com/story/helios-mathesons-stock-nearly-doubles-after-acquiring-facial-recognition-technology-licensing-rights-2017-05-23?siteid=yhoof2&yptr=yahoo