NEW
YORK, April 8, 2022 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq: CSCW) ("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, proudly
announces that the Spanish La Liga team, Villarreal CF
("Villareal"), partners of their subsidiary Color Sky, has defeated
German Bayern Munich in the first leg of their Champions League
quarter-finals tie with a score of 1:0. Villarreal midfielder Lo
Celso also won the Player of the Match award. As Villarreal's
partner, Color Star would like to speedily offer their
congratulations to the team, as well as wishes for the team to
achieve even greater successes in the remaining matches, ultimately
becoming the champion of the prestigious tournament.
Spanish La Liga team Villarreal is affectionately known as the
"Yellow Submarine" and has always been regarded as a
silverware-winning team. Their current Champions League campaign
has been a bright spot in the tournament; despite being matched up
against numerous big teams, Villarreal players persevered by
playing some exquisite football and fought with an infectious
spirit. From successfully battling their way out of the group
stages and then through to the quarter-finals, Villarreal displayed
their prowess and glorious spirit to soccer fans all over the
world. In the match against Bayern Munich, midfielder Lo Celso made
5 key passes and was fouled 3 times. No other player in the match
had higher numbers. In the end, Lo Celso was chosen as the official
player of the match. Villarreal has become a fan-favorite team of
the tournament, and many are wishing for them to become the
eventual champion.
The high level of the competition and its gargantuan reputation
has ensured this year's Champions League tournament to be seemingly
unaffected by the pandemic, with each match of the tournament
receiving hundreds of millions of viewers. Furthermore,
Villarreal's win streak has convinced even more people to watch and
cheer them on. As their partner, Color Star is also ecstatic for
their successes. Since becoming global partners this year, the
partnership with Villarreal has been strong and harmonious. Whilst
singing chants with Villarreal fans throughout the tournament
campaign, Color Star's popularity will skyrocket together with
Villarreal's in Europe and the
world. Whilst the players fight tooth and nail on the green pitch,
Color Star is also working hard behind the scenes to reach a wider
audience through various methods. It is understood that in the
future, besides accompanying Villarreal to all their big matches,
Color Star will also use the Color World metaverse platform to host
celebrity masterclasses and related products. At the same time,
with a more in-depth cooperation, the two sides will also cooperate
on additional online and offline projects.
Recently, Color Star's subsidiary, Color Sky, and soccer team
Villarreal CF entered a strategic cooperation agreement. Both sides
will mutually benefit off each other and carry out diversified
cooperation utilizing their respective advantages. For this
purpose, Lucas Capetian, CEO of Color Star, personally went to
Spain to participate in the
partnership announcement together with a club tour accompanied by
the squad players.
About Color Star
Color Star Technology Co., Ltd. (Nasdaq: 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.
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SOURCE Color Star Technology Co., Ltd.