Auditor Bid Signed

HEADLINE:       UMAX GROUP CORP—POSITIONED FOR SUCCESS

Las Vegas, Nevada (May 31, 2016)

FULL S.E.C. REPORTING:

UMAX signed an engagement agreement (See Attached File) with an independent auditor to continue full S.E.C. reporting. The company is enthusiastic to provide full S.E.C. reporting signaling the achievement of a major business milestone.   This move promises access to funding opportunities—reached by agreement during Q4, 2016.

S.E.C. Form S-1 Reporting:

UMAX is in the process of completed S-1 content for the registration of company shares.  The S.E.C. form S-1 is the initial registration form for new securities required by the Securities and Exchange Commission (S.E.C.) for public companies.   The S-1marks another strategic milestone for UMAX and for pursing capital investments.  Capital infusions will be significant to stock growth, to shareholder returns and to UMAX strategic plans.  Initial plans include but are not limited to the launch and/or expansion of operations in UMAX medical and real estate divisions—held in the UMAX business portfolio.

UMAX Business Turn-Around Successful:

The UMAX past 2-year journey of turn-around activities has resulted in a steady, sustainable, business recovery.  UMAX CEO, Mr. Ian Dixon is quoted as saying, “There was no easy road to UMAX recovery.  Our persistent determination is to achieve predicable strategic success and professionalism while promoting our UMAX position.   We are dedicated to the growth of the organization and UMAX stock.  This is our focus.”   Dixon also reported, “UMAX has a bright future and is committed to the combined successes of our portfolio companies and joint ventures.  We are definitely here for the long term!”

Forward Looking Statement

Certain statements that we make may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions.  In addition, words such as “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “projects,” “forecasts,” and future or conditional verbs such as “will,” “may,” “could,” “should,” and “would,” as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions.  Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements.  We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report and subsequent Flings, which are available on Otcmarkets.com. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events or otherwise.