Stockholders with questions may contact Helios’s proxy solicitation firm, Georgeson LLC, at (888) 666-2594. Helios’s stockholders are urged to vote as ISS and Glass Lewis recommend by voting “ FOR ” the proposed reverse stock split and the other proposal set forth in the proxy statement dated September 26, 2018, a copy of which has been provided to Helios’s stockholders of record as of September 14, 2018. Helios did not engage or compensate either firm for their analysis or recommendations. ISS and Glass Lewis are independent proxy advisory firms and do not have any business relationship with Helios. Commenting on the proxy advisors’ recommendations, Theodore Farnsworth, Chief Executive Officer of Helios, stated: “The ISS and Glass Lewis recommendations are consistent with our view that maintaining Helios’s listing on Nasdaq is in the best interests of Helios and its stockholders.” If the proposal is not approved, Helios believes that its common stock will be subject to delisting from the Nasdaq Capital Market, which would adversely impact the liquidity and marketability of its common stock. Helios presented the reverse stock split proposal to regain compliance with the Nasdaq Capital Market $1.00 minimum bid price requirement. Furthermore, the effective increase in the number of authorized shares would enable Helios to satisfy reserve requirements under certain convertible notes.” Also, in its report, Glass Lewis stated, among other things, that 1: “We agree with the board that it is in the best interest of the Company to reduce the number of shares outstanding and thereby attempt to proportionally raise the per share price of the Company’s common stock.” In its report, ISS stated, among other things, that 1: “A vote FOR is warranted given that the reverse stock split may enable Helios to maintain listing of its common stock on the Nasdaq Capital Market. Their analysis and recommendations are relied on by many major institutional investment firms, mutual funds and fiduciaries throughout North America. ISS and Glass Lewis are widely recognized as leading independent voting and corporate governance advisory firms.
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