NEW YORK, Feb. 14, 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 a localized Asian version
of its entertainment metaverse Color World will be released this
month.
Since the release of the entertainment metaverse Color World on
the iOS store, the app developed by Color Star has been downloaded
by more than one million users. As the current version is only
available in English, Color Star will be releasing a localized
Asian version in order to allow users in Asia to experience and access the metaverse
app as well. The Asian version will be available in simplified and
traditional Chinese, Japanese and Korean. Furthermore, in-app
content will mainly feature Asian celebrities, Asian music, Asian
folk instrument masterclasses, occasional virtual celebrity
meet-ups and concerts with Asian celebrities.
The Asian version will be available on both the Apple and
Android app stores, and users in Asia can download Color World directly from
their region's app store. At present, the development team is
updating the app regularly with improvements and new features,
hoping to provide an even better user experience for users around
the world. Soon, users will be greeted by two new in-game areas: a
dedicated gaming zone and an entertainment zone.
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.
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SOURCE Color Star Technology Co., Ltd.