NEW YORK, March 12, 2018 (GLOBE NEWSWIRE) -- MoviePass Inc., the nation’s premier movie theater subscription service and a majority-owned subsidiary of Helios and Matheson Analytics Inc. (Nasdaq:HMNY), announced today that Maria Stipp, CEO of Lagunitas Brewing Company, has been elected to its Board of Directors.
“Maria has an excellent track record in the business world, and we’re thrilled to welcome her to the MoviePass board of directors,” said Mitch Lowe, CEO of MoviePass. “We believe her strong experience leading teams and expanding various programs will be invaluable to MoviePass as we continue to scale the company.”
As the CEO of Lagunitas Brewing Company, Stipp drives both the global business growth of Lagunitas as well as integration with Heineken. Prior to Lagunitas, Stipp was President of ecoATM, an automated kiosk business that enables consumers to sell or recycle their electronics for instant cash. Prior to becoming President of ecoATM, she was Chief New Venture Officer for Outerwall, the company that acquired ecoATM in 2013. Prior to these experiences, she held senior leadership positions at Activision and Miller Brewing Company.
“We searched extensively to find Maria for the MoviePass Board of Directors, and we couldn’t be more excited to welcome her to our team,” said Ted Farnsworth, CEO of Helios and Matheson Analytics Inc. and a director of MoviePass. “It is important to MoviePass that our board represents a good mix of talents and backgrounds as we grow the MoviePass business.”
“I am inspired by MoviePass’ vision, simplicity and value, and it’s been amazing to watch the company grow in the way that it has over the past few months,” said Stipp. “I am honored to have been elected to the board, and I’m looking forward to helping influence the strategic direction of the company.”
About Helios and Matheson
Helios and Matheson Analytics Inc. (HMNY) is a provider of information technology services and solutions, offering a range of technology platforms focusing on big data, artificial intelligence, business intelligence, social listening, and consumer-centric technology. HMNY owns a majority interest in MoviePass Inc., the nation's premier movie-theater subscription service. HMNY’s holdings include RedZone Map™, a safety and navigation app for iOS and Android users, and a community-based ecosystem that features a socially empowered safety map app that enhances mobile GPS navigation using advanced proprietary technology. HMNY is headquartered in New York, NY and listed on the Nasdaq Capital Market under the symbol HMNY. For more information, visit us at www.hmny.com.
MoviePass Inc. is a technology company dedicated to enhancing the exploration of cinema. As the nation's premier movie-theater subscription service, MoviePass provides film enthusiasts the ability to attend up to one movie per day for a low subscription price. The service, now accepted at more than 91% of theaters across the United States, is the nation's largest theater network. For more information, visit www.moviepass.com.
Cautionary Statement on Forward-looking Information
Certain information in this communication contains “forward-looking statements” about HMNY and MoviePass Inc. (“MoviePass”) within the meaning of the Private Securities Litigation Reform Act of 1995 or under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (collectively, “forward-looking statements”), that may not be based on historical fact, but instead relate to future events. Forward-looking statements are generally identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential” or similar expressions. Such forward-looking statements include, without limitation, statements regarding MoviePass’ business and prospects. Statements regarding future events are based on HMNY’s and MoviePass’ current expectations and are necessarily subject to associated risks.
Such forward-looking statements are based on a number of assumptions. Although management of HMNY and MoviePass believe that the assumptions made and expectations represented by such statements are reasonable, there can be no assurance that a forward-looking statement contained herein will prove to be accurate. Actual results and developments may differ materially and adversely from those expressed or implied by the forward-looking statements contained herein and even if such actual results and developments are realized or substantially realized, there can be no assurance that they will have the expected consequences or effects.
Risk factors and other material information concerning HMNY and MoviePass are described in HMNY’s filings with the SEC, including annual, quarterly, current and periodic reports, information statements and registration statements filed with the SEC. You are cautioned to review such reports and other filings at www.sec.gov.
LaunchSquad for MoviePass
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