NEW
YORK, Aug. 10, 2023 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"),
an entertainment technology company with a global network that
focuses on the application of technology and artificial
intelligence in the entertainment industry, together with the World
Boxing Association (the "WBA") announces today that tickets for the
Color World Cup - WBA World Tour are now officially available for
purchase. Top boxers from around the world will fight for the gold
championship belt in Dubai on August
26, 2023.
A total of 6 prolific fighters will be competing in
Dubai. They include
Chinese fighters Zhang Zhaoxin (张兆鑫), who once competed for the WBA
World Cruiserweight Title; Wang
Lequan (王乐泉), who remains undefeated in the super
lightweight weight class, the Cameroonian titan Rolly Lambert
Fogoum, WBA ASIA Super Lightweight
Champion and WBA world rank No. 9 Phoobadin Yoohanngoh of
Thailand, Tewa Kiram of
Thailand, and the young Cuban
boxer Yan Marcos. Louis Luo, CEO of Color Star, said, "Through
this competition, these six outstanding boxers can further improve
themselves in order to compete for the WBA gold belt, while also
promote and popularize this competition. In the future, we plan to
organize more of these competitions around the world."
Since the beginning of 2023, Color Star has not only increased
its efforts in live entertainment events, but also combined with
top international sporting associations to organize events around
the world. The Color World Cup competition held together with the
WBA has attracted the attention of boxing fans around the world as
soon as the event was announced, and tickets are now officially on
sale on various platforms, which is expected to greatly increase
the event ticketing revenue of Color Star. With help from the
famous and storied branding of the WBA, the event will also
increase commercial revenue through live broadcasting deals,
commercial sponsorship, commercial advertisements, and so on. In
the future, Color Star plans to
present many more exciting events and performances to promote
sports events and cultural events."
About Color Star Technology Co., Ltd.
Color Star Technology Co., Ltd. (Nasdaq: ADD) 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 Metaverse Pte. 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 and
www.colorstar.investorroom.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 ADD 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.
Ticket link:
https://tickets.virginmegastore.me/ae/sports/20426/color-world-cup-wba-world-tour-wba-asia-triple-header
https://www.ticketmasterdxb.ae/showEventInformation.html?idEvent=41
Color Star Metaverse
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SOURCE Color Star Technology Co., Ltd.