NEW
YORK, April 14, 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, announces
today that their partner team Villarreal CF, nicknamed the "Yellow
Submarine", has admirably achieved even more footballing glory by
defeating Bayern Munich by 2-1 on aggregate in order to advance to
the Champions League semi-finals.
As a global partner of the team, Color Star also issued their
congratulations at once, expecting the team to ultimately win the
Champions League crown.
It is worth mentioning that this is the second time in the
history of Villarreal CF where they have reached the semi-finals of
the Champions League. The first time was during the 2005-06 season.
Since the beginning of this Champions League season, Villarreal CF
has received a lot of attention and the team has been able to
maintain a winning streak in the face of the strongest teams, which
has given the fans more confidence in their ability to win the
tournament. After the match, the team's centerback and captain,
Raúl Albiol, said in an interview with the media that "we think we
have the ability to continue to compete, this team knows how to
compete and has a lot of merits, but we have to keep working
hard".
On the other hand, Color Star, as Villarreal CF's global
partner, is undoubtedly lucky and perceptive. Since its subsidiary
Color Sky officially signed the cooperation in February this year,
the Company has greatly increased its brand awareness in
Europe and the world by virtue of
the team's influence and appeal. The number of registered users of
the Color World metaverse platform developed by the Company has
also increased rapidly. Both parties are happy to see further
cooperation, not only in major tournaments, but also in more online
and offline cooperation which will be carried out.
Color Star is a NASDAQ-listed company, the Company mainly
focuses on artificial intelligence, as it works towards vigorously
developing and integrating the technology into cultural and
economic industries. In recent years, in the face of the global
business environment changed by the epidemic, Color Star has
focused on the development of "intelligent technology + direct
interactions" as the main attraction of the application software
Color World. Now, Color World has become a metaverse platform that
is working with many top international athletes and celebrities to
not only explore more possibilities of cooperation within the
metaverse, but also to carry out offline cooperation to take
advantage of both worlds.
About Color Star Technology Co., Ltd.
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.
View original
content:https://www.prnewswire.com/news-releases/the-push-for-glory-continues-as-color-stars-partner-team-villarreal-cf-advances-to-the-semi-finals-of-the-uefa-champions-league-301525516.html
SOURCE Color Star Technology Co., Ltd.