NEW YORK, June 30, 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 from La Liga, Villarreal CF, recently held a youth soccer training camp in New York, United States. The team's manager, Unai Emery, represented the team in person to coach and be interviewed by the media. 

Villarreal CF has been a formidable team on the football pitch in recent years, especially during this year's UEFA Champions League tournament. Villarreal broke into the semi-finals with a superb show of skill, and the world as well as its fans have given the "Yellow Submarine" high opinion and praise.

As a global partner of Villarreal CF, Color Star is also very much supportive and in favor of making soccer a sport that is widely available and accessible to the youth population. Since the two sides formally entered into a global partnership, both sides have been mutually benefiting from each other's respective advantages whilst also working together on new soccer developments. This will allow Villarreal to further develop and grow more powerful while at the same time collaborating with Color Star on the development of the "Digital Soccer" project within Color Star's metaverse app, Color World.

Color Star believes that as part of a company with "high-tech + celebrity entertainment" as the main focus of its metaverse app, Color World is bound to introduce many more amazing projects, while also delivering high quality sports entertainment to the world. Color Star will most certainly continue to attract more top-quality soccer players and teams to the Color World metaverse app.

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.

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