Helios and Matheson Analytics Inc. announced that on March 31, 2016, Divya Ramachandran resigned as President and Chief Executive Officer and as a director. On March 31, 2016, Srinivasaiyer Jambunathan and Kishan Grama Ananthram, along with Ms. Ramachandran, resigned as directors of the Company, leaving Viraj Patel as the sole director, and Ms.
Ramachandran resigned as the Company's Chief Executive Officer and President at the same time. On April 1, 2016, in his capacity as the sole director, Viraj Patel elected Srinivas Tanikella, Parthasarathy (Pat) Krishnan, Namakkal Sambamurthy and Prathap Singh as directors of the Company to fill the vacancies created by the foregoing resignations, with Mr. Krishnan being appointed as the Chairman of the Board. Finally, on April 1, 2016, after taking the foregoing actions as sole director, Viraj Patel resigned as a director of the Company and continues in service as an advisor to the Board. Mr. Krishnan's expertise includes Cyber Security, Continuous Authentication, Image Processing using Cellular Automata & Symbolic Computing, Big Data Analytics (Hadoop), Low Latency Computing, Cloud Computing, Product Architecture & Development, Market Analysis, Solution Delivery, team building and mentoring.