NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as "Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence ("AI") in the entertainment industry, announced today that the Company will participate in the online Blockchain Conference presented by the investment bank Maxim Group on January 27, 2022, where they will introduce the Company's entertainment metaverse product "Color World" to all the attendees.
Color Star has been wholly committed to the innovation and development of entertainment technology. The Company will be launching their entertainment metaverse "Color World" on the 28th of January. It is hoped that with the launch of Color World, people around the world can develop a deeper understanding of the metaverse. Available features on release will include shopping, gaming, virtual conferencing, and communities. These features will each be explained in further details at the forum.
Lucas Capetian, CEO of Color Star, said: "We are very grateful to Maxim Group for inviting us to this forum and giving us this opportunity to share our products and features with fellow industry professionals. We will also discuss the future development trend of metaverse products as well as the post-launch issues involving security, innovation, NFT, copyright, etc. As a brand-new entertainment metaverse product, Color World positions itself as a "virtual world". We hope that users can 'start a new life' with a new way of 'living' in the colorful world."
This online forum will also be the first time for Color Star to release the details of Color World and their plans for their app to the public.
About Color Star Technology
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.
SOURCE Color Star Technology Co., Ltd.
