NEW YORK, Oct. 10, 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
that it will be participating in the Gulf Information Technology
Exhibition ("GITEX") taking place from October 10 to October 14, 2022. GITEX is the
largest technology exhibition in the Middle East, North
Africa, and South Asia,
showcasing the latest breakthroughs in Metaverse, Web3.0,
Blockchain, AI, ESG, Quantum Computing, and 5G technologies. At the
event, Color Star will showcase their ColorWorld Metaverse ("Color
World") and together with partners will present Color Star's first
metaverse smartphone, DONO Phone, to the world.
Color Star will participate in the exhibition to further promote
the Company's technology and metaverse platform, and at the same
time will make full use of the opportunity to introduce the DONO
Phone to the world alongside its partners. Color World will be
preinstalled on the phone, allowing users to quickly register and
log in to the metaverse platform without having to install it
first. The phone aims to break barriers and allow users to
experience the technology brought by the colorful metaverse.
Working, studying, socializing, and entertainment can all be done
in one place. The DONO Phone also features a robust cyber security
system to protect users' privacy and payment security. In order to
help attendees quickly and precisely establish an understanding of
Color Star and Color World, the Color Star team made the exhibition
booth very unique and eye-catching, with staff stationed on site to
offer detailed explanations to the attendees.
Farhan Qadir, CEO of Color Star,
said: "Color Star is very grateful to be able to participate in
such an important exhibition, and we are also very grateful for the
strong support we have received from our partners. This is a very
good opportunity for us to take our next step in starting all-round
sales promotion in various countries and regions. In addition, we
will also establish more partnerships through this exhibition by
attracting interested parties to join our metaverse platform or
represent our products, which is the purpose of our exhibition. At
Color Star, we have a very professional technology and sales team.
We will fully utilize these advantages that we possess for the
promotion and sales of our metaverse platform and DONO Phone."
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.