(NewsDirect)
UA Multimedia, Inc.(OTC: UAMM), a technology holding company and solution providerspecializing in the areas of information technology, blockchain andartificial intelligence, today announced the appointment of HuanNguyen as its new Chief Executive Officer.
Huan Nguyen will replace Michael Lajtay, whoresigned from the Company as its interim CEO, to lead UA Multimedia inits next growth phase.
Mr. Nguyen graduated from Oklahoma State University in 1981with a Bachelor of Science in Electrical Engineering, served 30 yearsin the Navy and retired as a Rear Admiral. A career Engineering DutyOfficer, he has commanded at various levels including Flag Officerassignment as Deputy Commander, Cyber Engineering. Mr. Nguyen alsoearned a Master of Science degree in Electrical Engineering fromSouthern Methodist University, Master of Science Engineering fromPurdue University and Master of Science in Information Technology withhighest distinction from Carnegie Melon University.
Mr. Nguyen is aninnovator, motivational speaker and board member on several start-uptechnology companies. He also spends time serving as mentor forAsian-American. He has created an endowment at Oklahoma StateUniversity to support education in the fields of Science, Technology,Engineering, and Mathematics (STEM).
Mr. Nguyen will lead UA Multimedia to further growin the areas of information technology, blockchain and artificialintelligence through organic growth as well as via mergers andacquisitions. The effort will begin with the investment in atechnology company specializing in integrating artificial intelligenceinto logistics and supply chain management systems to reduce cost andimprove efficiency. Additional information regarding the transactionwill be provided in the upcoming days.
UA Multimedia director Michael Lajtay said:“We are delighted to welcome Huan Nguyen as our new Chief ExecutiveOfficer. Mr. Nguyen is a values-driven leader who has a strongbackground in technology and management. He has extensive experiencesand exceptional strategic capabilities that will be instrumental inleading our company in its expansion initiatives. We look forward toMr. Nguyen realizing the full potential of UA Multimedia as a keysolution provider, which delivers long-term growth and value for allits shareholders.”
Nguyen commented: “I am excited to join UA Multimedia as itsnew Chief Executive Officer. The Company has strong technical talentsand tremendous growth potential. I will be working closely with ourteam to capture market shares and to provide exceptional solutions toour clients worldwide.”
About UA Multimedia, Inc.
UA Multimedia, Inc. isa technology company and solution provider specializing in the areasof information technology, blockchain and artificial intelligence. Itis also a holding company seeking to acquire domestic and foreignentities who are in the same space.
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Forward-LookingStatements:
This release contains forward-looking statements within themeaning of Section 27a of the Securities Act of 1933, as amended andsection 21e of the Securities and Exchange Act of 1934, as amended.Those statements include the intent, belief or current expectations ofthe Company and its management team. Some or all of the events orresults anticipated by these forward-looking statements may not occur.Prospective investors are cautioned that any such forward-lookingstatements are not guarantees of future performance and involve risksand uncertainties, and that actual results may differ materially fromthose projected in the forward-looking statements as a result ofvarious factors. Accomplishing the strategy described herein issignificantly dependent upon numerous factors, many that are not inmanagement's control. UA Multimedia, Inc. does not undertake anyduty nor does it intend to update the results of these forward-lookingstatements.
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