Helios & Matheson North America Inc. (HMNA) Chairman, President and Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell

| Source: NASDAQ, Inc.


 Shmuel BenTov, Chairman, President and Chief Executive Officer of
 Helios & Matheson North America Inc. (HMNA), will preside over the
 closing bell.

 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 Tuesday, August 7, 2007 at 4 p.m. ET

 Sal Quadrino
 Chief Financial Officer
 Ph 732.499.8228, ext. 2558

 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; 347.219.9539

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.


A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm


To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About Helios & Matheson North America Inc. (HMNA):

Helios & Matheson has built a reputation for cutting-edge IT and BPO solutions that is exemplified by its impressive roster of Fortune 1000 customers and other large organizations. The Company focuses on a business-oriented, value-added approach to its end-to-end, IT services and business process outsourcing solutions, which include staffing, projects and outsourcing. For over 20 years, the Company has provided complete project life-cycle services in the areas of business intelligence, custom application development, support and maintenance, data supply chain, collaboration, quality assurance, project and application portfolio management, and other specific vertical solutions. The Company has offices in New York City, Clark, New Jersey, and Bangalore, India. More information about the Company can be found at its web site at www.hmna.com.