--News Direct--

UA Multimedia, Inc. (OTC: UAMM), a technology holding company and solution provider specializing in the areas of information technology, blockchain and artificial intelligence, today announced the appointment of Huan Nguyen as its new Chief Executive Officer.

Huan Nguyen will replace Michael Lajtay, who resigned from the Company as its interim CEO, to lead UA Multimedia in its next growth phase.

Mr. Nguyen graduated from Oklahoma State University in 1981 with a Bachelor of Science in Electrical Engineering, served 30 years in the Navy and retired as a Rear Admiral. A career Engineering Duty Officer, he has commanded at various levels including Flag Officer assignment as Deputy Commander, Cyber Engineering. Mr. Nguyen also earned a Master of Science degree in Electrical Engineering from Southern Methodist University, Master of Science Engineering from Purdue University and Master of Science in Information Technology with highest distinction from Carnegie Melon University.

Mr. Nguyen is an innovator, motivational speaker and board member on several start-up technology companies. He also spends time serving as mentor for Asian-American. He has created an endowment at Oklahoma State University to support education in the fields of Science, Technology, Engineering, and Mathematics (STEM).

Mr. Nguyen will lead UA Multimedia to further grow in the areas of information technology, blockchain and artificial intelligence through organic growth as well as via mergers and acquisitions. The effort will begin with the investment in a technology company specializing in integrating artificial intelligence into logistics and supply chain management systems to reduce cost and improve efficiency. Additional information regarding the transaction will be provided in the upcoming days.

UA Multimedia director Michael Lajtay said: “We are delighted to welcome Huan Nguyen as our new Chief Executive Officer. Mr. Nguyen is a values-driven leader who has a strong background in technology and management. He has extensive experiences and exceptional strategic capabilities that will be instrumental in leading our company in its expansion initiatives. We look forward to Mr. Nguyen realizing the full potential of UA Multimedia as a key solution provider, which delivers long-term growth and value for all its shareholders.”

Nguyen commented: “I am excited to join UA Multimedia as its new Chief Executive Officer. The Company has strong technical talents and tremendous growth potential. I will be working closely with our team to capture market shares and to provide exceptional solutions to our clients worldwide.”

About UA Multimedia, Inc.

UA Multimedia, Inc. is a technology company and solution provider specializing in the areas of information technology, blockchain and artificial intelligence. It is also a holding company seeking to acquire domestic and foreign entities who are in the same space.

Corporate

Website: https://www.uammedia.com

Facebook: https://www.facebook.com/uamultimedia

Twitter: https://www.twitter.com/uamultimedia

Forward-Looking Statements:

This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the Company and its management team. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control. UA Multimedia, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact

UA Multimedia, Inc.

Investor Relations

949.229.1208

ir@uammedia.com

Contact Details

Investor Relations

ir@uammedia.com

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