UA Multimedia, Inc. 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.