You must uninstall Visual C++ releases greater than 2013 for the UCMA library to properly install. Uninstalle Visual C++ Redistribution 2015 - 2019 and a 2017 version installed by Visual Studio and did a repair on .Net Framwork 4.8. Installed UCMA before anything else and the SIPEPS error was resolved.
Now its on to a new issue: Recorder cannot start due to I/O Error.
I must say, I've distributed this console app from my Windows 10 laptop to several other Windows 10 laptops beginning when it was a Lync 2013-based program followed by a couple of releases as a UCMA 5.0 program. This current distribution has been a real challenge.