NEW YORK, April 28, 2021 /PRNewswire/ -- Color Star
Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as
"Color Star" or the "Company"), announced
today that it gave a corporate presentation at the H.C. Wainwright
Cryptocurrency, Blockchain & FinTech Conference on Tuesday, April 27th, 2021. Color Star
invites interested parties to view the Company's presentation by
registering for the conference at
https://hcwevents.com/crypto/#.
The CEO of Color Star, Mr. Luke
Lu, commented: "We are honored to have been invited to
present at the H.C. Wainwright Cryptocurrency, Blockchain &
FinTech Conference. This event provided Color Star with a platform
where we shared our Company's story with potential investors who
were interested in technology companies and their disruptive,
exciting and innovative products and services such as
ours. During our presentation, and via our recent press
releases, we discussed the launch of our international APP,
development efforts in artificial intelligence, AR vision,
blockchain applications, our planned launch of the Company's
secondary listing on NASDAQ Dubai (which will make us the world's
first dual-listed entertainment technology company in the United States and United Arab Emirates (UAE)), and our strategic
cooperation agreement with Supre NFT to develop future Non-Fungible
Tokens ('NFT')."
Color Star's compelling business model is "Stars Online +
Entertainment Teaching", a
combination of hosting both on-line and off-line celebrity concerts
and educational events with well-known performers. The Company's
Color World APP has plans to migrate from a 2D to 3D mode to
empower and generate further business development in a borderless
fashion. Color Star's technology-driven strategy focuses on online
and mobile capabilities; it has penetrated into the "Fans Economy,"
and is expected to attract large numbers of global fans to the APP
while driving cost effectiveness to boost the Company's paid users
base.
Furthermore, once the global pandemic has subsided, Color Star
will arrange global artist tours, including its "Color World Music
Festival" to invite the Company's worldwide audience to experience
colorful music, colorful life, and a colorful world. Color Star is
a leader in entertainment online education, providing
"Accessibility," "Flexibility," and "Probability" to its customers,
and has one of the world's best and largest Online Artists Training
Academy which provides exclusive content and live, face-to-face
interaction with the renowned "Star" teachers from both the West
and Asia. Color Star's academy hopes to groom tomorrow's
"future stars" and make a continuous in-house technology
development and global business development efforts to embrace and
capitalize on tremendous growth opportunities for the Company.
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.
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.