NEW YORK,
Oct. 19, 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
announced the appointment of Douglas P.
Menelly, who is from Skyline Corporate Communications Group,
LLC, as the Director of Communications
and the spokesperson of the Company.
Based in New York, Mr. Menelly
will be in charge of Color Star's external communications with
prospective and current shareholders and associated stakeholders,
be a point of contact for the Company to explore and maintain
business relationships with relevant organizations that have
aligned business interests, represent the Company at various
events, and work with Skyline Corporate Communications Group, LLC
to raise the Company's overall awareness and corporate presence
within the U.S. financial community.
Mr. Menelly, who is fluent in Mandarin, has more than twenty
years of global experience in the technology and financial services
industries. He previously worked in senior communications roles for
companies such as AIG, Marsh & McLennan, and Aspen Insurance Group. He holds an
Executive MBA from Columbia
University's Global Asia Program, with study at London Business School and the University of Hong Kong, a M.S. in Operations
Management from New York University,
and a B.S. in Civil Engineering from the University at Buffalo (New York). Mr. Menelly is also the author of
the book, Lessons in Communication: A Study of the Integration
of Western Business Philosophy and Chinese Culture.
Mr. Basil Wilson, CEO of Color
Star, commented: "Douglas is an expert on helping executives engage
the capital markets for fundraising, marketing, investor relations,
and brand development. We believe his services will be a
significant advantage for the Company as we continue to build
corporate awareness in the United
States, and specifically in the strategic partnership arena
as we explore relevant opportunities with American technology and
media companies. We expect Douglas will be a driving force for the
company's communication campaign as we embark on these
initiatives."
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, including the development of the
metaverse project; 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.
Disclosures: Mr. Menelly's services are being provided
to Color Star Technology Co., Ltd. through a formal arrangement
between Color Star Technology Co., Ltd. and Skyline
Corporate Communications Group, LLC.
Skyline Corporate Communications Group, LLC will be
compensated by Color Star Technology Co., Ltd.'s (Nasdaq: CSCW)
wholly owned subsidiary, Color China Entertainment Ltd., for
providing investor relations services to the Company. Please
see the 17(b) Disclaimer and Disclosure Statement
here: www.skylineccg.com/disclosures
For more information, please contact:
William Tu
Skyline Corporate Communications Group, LLC
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: wtu@skylineccg.com
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SOURCE Color Star Technology Co., Ltd.