UA Multimedia Announces Corporate Updates and Near Term
Plans
IRVINE, CA--July 8, 2015 -- InvestorsHub NewsWire
-- UA Multimedia, Inc. (OTC
Markets: UAMM), a media holding company is pleased to provide
corporate updates and expansion plans for the near term.
Although Gentle was very well received at the international
festival circuit including the film market in Cannes, its
theatrical release in Vietnam was not as successful as expected.
The movie was generally well received by the critics which praised
the production values, cinematography and acting of the two leads.
The audience, however, did not choose to see this drama over the
other fares at the theaters therefore the box office result was not
as expected. The young audience in Vietnam was found to be
unfamiliar with Dostoyevski and most prefers movies that are
simpler, more accessible and easier to understand. However, the
filmmakers are proud of the reception of the film worldwide as a
unique adaptation and one of the important films in Vietnam, and
believe it would stand the test of time.
The Company is pleased that Thanh Tu won the Best Actress Award
at Viet Film Fest 2015. This validated the directors pick of an
unknown for the crucial role of Linh. Also, this continues the
pattern of having our films win the Best Actress Award where Ngo
Thanh Van achieved the same in 2013.
The Company continues to look to distribute Gentle to various
markets worldwide. In addition, the Company will seek to acquire
distribution rights to various US indie movies as well as partner
with or acquire small film distributors to expand its media
business.
The Company also plans to expand its business to include
marketing services. The services can be provided by brand
ambassadors, spoke persons, models and established talents in the
entertainment industry.
.Our first half of fiscal 2015 had not materialized according to
plan, said Sully Jacques, UA Multimedias Chief Executive Officer.
In addition to continuing to promote and distribute Gentle through
various international markets, we will expand our media business to
new products and services which will result in new reliable revenue
streams for our company.
About UA Multimedia, Inc.
UA Multimedia, Inc. is a media company with holding in web,
mobile applications, movie production and distribution. The Company
seeks to create value through organic development, incubation and
acquisition of media related assets. For more information, please
visit http://www.uammedia.com.
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
949.612.1927
info@uammedia.com