NEW YORK, Sept. 4, 2020
/PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq CM: HHT)
(the "Company", "we" or "HHT") officially held a new product
launching conference in Beijing on
September 2, announcing the "Color
World" global online cultural entertainment platform independently
developed by its subsidiary Color China - The sharing platform
(hereinafter referred to as "Color World") will be launched
globally on September 10,
Beijing time (September 9 EDT), and the "Fearless, Color World"
Cloud Concert will be held at the same time.
The famous artist Yuan Xiaolou made an appearance at the event.
As a star tutor of "Color World", he was also very happy to share
the beauty of art with the help of a powerful platform, and to
impart his painting skills to students around the world. "Color
World" is independently developed and built by the world's top
software development team, which has built a very complete and
powerful platform for online entertainment knowledge sharing and
exchange. From the early stage of research and development, a
wealth of celebrity resource library has been established, covering
multiple fields in the entertainment industry.
At present, Color China has reached long-term strategic
cooperation in Thailand,
South Korea, Romania, and other countries and regions based
on the strong appeal of the Company, and it has embedded the "Color
World" cultural and entertainment sharing platform.
Another highlight of the conference is the upcoming "Fearless,
Color World" Cloud Concert. According to the sponsor, Color Star,
the concert invited 11 international idol stars to join the lineup
including Larry Carlton,
Wiz Khalifa, Machine Gun Kelly,
R&B Black Pearl Ashanti S. Douglas, Mainland China's "Pop
Queen" Na Ying, Hong Kong's legendary singer Lin Zixiang, and
international Piano artist Wu Muye,
Taiwanese group "ID&MASA", Japanese idol Lin Longtai, Chinese
young singer Zhu Zhihao, and top 100 DJs Dimitri Vegas & Like
Mike. The concert will be broadcast on the domestic and
international websites of Color Star Technology on September 10th, 8pm
Beijing Time and September 9th,
9pm Eastern Time.
Lu Biao, CEO of Color Star
Technology said that "Color World is a complete and powerful
platform for online entertainment knowledge sharing and exchange
that was independently developed and built by us. Color World
integrates education, celebrity interaction, peripheral product
sales and video playback. We hope to promote China's excellent cultural traditions to all
parts of the world."
About Color Star Technology Co., Ltd.
Color Star Technology Co, Ltd. (Nasdaq CM: HHT) offers online
and offline innovative knowledge-paid services for music and
entertainment industries globally. Its official website is
www.colorstarinternational.com. The Company routinely posts
important information on its website. 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. The Company also offers
after-school entertainment tutoring in New York via its
joint venture entity Baytao LLC.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include the
business plans, objectives, expectations and intentions of the
parties following the completion of the acquisition, and HHT's
estimated and future results of operations, business strategies,
competitive position, industry environment and potential growth
opportunities. These forward-looking statements reflect the current
analysis of existing information and are subject to various risks
and uncertainties. As a result, caution must be exercised in
relying on forward-looking statements. Due to known and unknown
risks, our actual results may differ materially from our
expectations or projections. All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume
a duty to update these forward-looking statements. The following
factors, among others, could cause actual results to differ
materially from those described in these forward-looking
statements: there is uncertainty due to the COVID-19 pandemic and
the impact it has had and will continue to have on HHT's
operations, the demand for the HHT's products and services, global
supply chains and economic activity in general. These and other
risks and uncertainties are detailed in the other public filings
with the Securities and Exchange Commission (the "SEC") by HHT.
Additional information concerning these and other factors that may
impact our expectations and projections will be found in our
periodic filings with the SEC, including our Annual Report on Form
20-F for the fiscal year ended June 30,
2019. HHT's SEC filings are available publicly on the SEC's
website at www.sec.gov. HHT disclaims any obligation to update the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
info@FinancialBuzzIR.com
Tele: +1-877-601-1879
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SOURCE Color Star Technology Co., Ltd.