NEW YORK, Dec. 29, 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 officially announced the
invitation of world-class Spanish football star Iker Casillas
Fernández to join its entertainment metaverse interactive platform,
Color Star app. Casillas is a major player in the industry and his
addition to the Color Star sports section will attract many more
fans.
Regarded as the greatest goalkeeper in the history of Real
Madrid and as one of the best goalkeepers in the world, Casillas
began his football career with joining Real Madrid's youth training
in 1990. He played for Real Madrid for a total of 25 seasons,
during which he helped the team win 3 UEFA Champions League, 5
LaLiga, 2 Copa del Rey, 4 Spanish Super Cup, and 1 FIFA Club World
Cup. He played in 725 games in 16 seasons and won 19 trophies. Fans
regard him as the sacred guard of the gate of Bernabeu. After
Casillas officially retired from Real Madrid in 2015, the team not
only held an unforgettable farewell party for him but also
commented that "Casillas will always belong to Real Madrid at
heart. This is his life-long club." These are enough to prove his
contribution and influence in the football world. Today, he is
still active in his beloved football field; he has returned to Real
Madrid where he spent his youth and the golden years of his career,
and has even become Vice President of the Real Madrid
Foundation.
The cooperation between Color Star and Casillas is to help
create a powerful platform that bridges communication
between Casillas, football fans, and those who aspire to
become the next football legend. Casillas, as a resident star of
the Color Star platform, will be able to teach online the wisdom he
learned in the football world as well as share his superb football
skills. In the future, in the Color Star metaverse, Casillas will
be given a unique virtual character which allows for even more
interaction. Every registered user on the Color Star app will be
able to communicate with Casillas in the metaverse and even have
virtual football competitions.
Sir Lucas Capetian, CEO of Color
Star, commented: "Casillas' collaboration with Color
Star undoubtedly provides very strong support for our online
celebrity interaction and offline related business sectors. Our
presence of celebrity resources is increasing, and
we continue to attract top artists and celebrities from
around the world. They provide a steady stream of resources for
developing technologies such as metaverse and NFT products as well
as various cultural performances, all together contributing to the
Company's future outlook and overseas market value."
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 internationally 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
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SOURCE Color Star Technology Co., Ltd.