NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Color Star
Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as
"Color Star" or the "Company"), an entertainment technology company
with a global network that focuses on the application of technology
and artificial intelligence (AI) in the entertainment industry,
today announces the release of an exclusive online video, which is
created in collaboration with NBA superstar Shaquille O'Neal. All users who log in to the
Color Star APP will be able to watch Mr. O'Neal's exclusively
shared video.
Upon signing the exclusive video contract with Mr. O'Neal, Color
Star has undertaken post-production editing and repackaging to
create a new video that will soon be released to global audiences.
This video highlights Mr. O'Neal's philosophies about life and
future expectations revolving around basketball. It also
features Mr. O'Neal's love for life and many anecdotes from his
basketball career. Fans of Mr O'Neal will be able to learn more
about their idol's experiences through this series of exclusive
videos.
Mr. Basil Wilson, CEO of Color
Star, commented: "We are very excited about our cooperation
with Mr. O'Neal and other superstars. This marks the
beginning of our collaborations as we will continue to bring
our fans and users more and better content in the future.
While we have cooperated with many top celebrities in
entertainment and sports, we will also be
expanding into other industry sectors. We currently
have plans to cooperate with celebrities from finance,
life-style, and other industries in order to share more
specialized industry insights and knowledge via the Company's
platform, Color Star APP."
Color Star APP is currently undergoing updates to reflect the
new metaverse version that is soon to be launched. In the Color
Star metaverse, the interface will be organized into
industry-specific sections. For example, there will be stadiums for
sports fans and exclusive training bases for star athletes. The
introduction of industry specific sections will make our future
content more interesting and enriching for our users.
About Color Star Technology
Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an
entertainment and education company that provides online
entertainment performances and online music education services. Its
business operations are conducted through its wholly-owned
subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc.
The Company's online education is provided through its Color World
music and entertainment education platform. More information about
the Company can be found at www.colorstarinternational.com
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are
not guarantee of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's
future business development; product and service demand and
acceptance; changes in technology; economic conditions; the growth
of the educational and training services market
in China and other countries where
CSCW conducts its business; reputation and brand; the impact of
competition and pricing; government regulations; fluctuations in
general economic and business conditions and assumptions underlying
or related to any of the foregoing and other risks contained in
reports filed by the Company with the Securities and Exchange
Commission. For these reasons, among others, investors are
cautioned not to place undue reliance upon any forward-looking
statements in this press release. Additional factors are discussed
in the Company's filings with the U.S. Securities and Exchange
Commission, which are available for review
at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward–looking statements to
reflect events or circumstances that arise after the date hereof
unless required by applicable laws, regulations or rules.
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SOURCE Color Star Technology Co., Ltd.