NEW
YORK, April 27, 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 ("A.I.") in the entertainment industry,
announces today that their La Liga partner team, Villarreal CF
("Villarreal"), is about to face-off with the English Premier
League team Liverpool FC at 3:00 A.M.
Beijing time on the
28th of April for a spot in the final round of the
Champions League. As the UEFA Champions League tournament
progresses, the various top teams from Europe are gradually revealing their immense
ability. Villarreal's victories over Juventus and Bayern Munich to
reach the quarter-finals has brought thrill and excitement to the
fans, and there is now hope and optimism for Villarreal to become
the ultimate champion of the tournament.
According to German transfer statistics, Villarreal's squad is
currently valued at 383 million
Euros. Compared to the competition, Villarreal is seen as a
dark horse. Since the beginning of the current UCL season, this
team has defeated many formidable opponents through its own mighty
prowess and has shined a spotlight on this old La Liga team once
again. Their success is a result of the team's hard work in
training and a superb technical team setup. Recently, Villarreal
president Fernando Roig spoke about
the team's current situation and the upcoming encounter with
Liverpool. Roig pointed out that
Villarreal is a better team now compared to 16 years ago when it
first reached the UCL quarter-finals. Club statistics show that the
matches against Juventus and Bayern Munich were attended by 600 and
1,500 traveling Villarreal fans, respectively. The number of
travelling fans at the upcoming semi-finals encounter will double
the amount at the Bayern Munich game. Villarreal has been allocated
3,000 away tickets, setting a record for the highest number of
travelling fans in the team's history.
Color Star is the team's global partner, travelling with the
squad and witnessing their every victory. Color Star is a
NASDAQ-listed company that develops celebrity entertainment and
interactive digital services with A.I. technology as a focus. Color
Star currently owns the interactive metaverse platform, Color
World. Color Star plans to unlock the platform's full potential in
the future by introducing the soccer team to the platform and
launching their celebrity masterclasses, virtual competitions, and
digital spaces amongst other products. Color Star and the team will
also further cooperate to digitize their physical offline
operations. Together, the team and Color Star will steady in market
value and see major developments as their popularity and fame
grow.
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.
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SOURCE Color Star Technology Co., Ltd.