IRVINE, CA--(Marketwired - Jun 10, 2014) -  UA Multimedia, Inc. (OTC Pink: UAMM) ( PINKSHEETS : UAMM ), a media holding company, is pleased to announce today the official soft launch of www.cannaxa.com , a directory and rating website devoted to the medical marijuana industry. 

As part of the soft launch, the Company offers basic listing of clinics, dispensaries and delivery services at no cost until the end of the year. There is a nominal charge for premium listings and clients who signed up for such listings will be offered a special listing rate once the promotion period ends.

The website allows owners to list their businesses as well as allowing users to share their experience at these establishments or just exchange ideas about marijuana in general. The site currently supports ten major regions in California, Washington and Colorado. Clients outside of these regions are encouraged to contact the Company as new regions are added on an on-going basis.

"We are excited to leverage our technology expertise to provide a platform that allows our users to easily search for quality cannabis products and services," said Sully Jacques, CEO of UA Multimedia. "Currently at a market size of $3 billion dollars, this industry can exceed $40 billion once cannabis is legalized nationwide. Our goal is to position UA Multimedia to capture some of this market share via our technology and ancillary products and services offerings."

About UA Multimedia, Inc.

UA Multimedia, Inc. is a media company with holding in web and mobile applications. 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.