Helix Applications Inc. announced that it has completed the previously announced business combination with GlobalBlock Limited ("GlobalBlock"). GlobalBlock is now a wholly owned operating subsidiary of the Company. The Company's current interim Chief Executive Officer, Mr. Rufus Round, and its Chief Financial Officer and Corporate Secretary, Ms. Jessica van den Akker, remain in place as senior management of the Company and are joined by Mr. David Thomas, who has been appointed as Chief Operating Officer of the Company. The other three (3) former shareholders of GlobalBlock, Messrs. Karl Thompson, Patrick Bullman and Tim Bullman remain in place as local management of GlobalBlock. In the May, Mr. Jay Sujir has resigned as a director of the Company and has been replaced by Mr. Stuart Olley. In addition, Mr. David Thomas has been added as a director of the Company. The Board of Directors of the Company is now comprised of the following members: Rufus Round, Trevor Gabriel, David Thomas and Stuart Olley. The members of the Audit Committee of the Company now consist of Rufus Round, Trevor Gabriel and Stuart Olley.