NEW YORK, July 7, 2020 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company," "Color Star,"
"we" or "HHT") is pleased to announce that Color China
Entertainment Limited ("Color China"), a wholly-owned subsidiary of
Color Star, has just signed a cooperation agreement with a renowned
American musician, Larry Carlton.
Larry Carlton will take on the role
of a Star Teacher on the "Color World" online education platform,
created by Color Star.
Larry Carlton, a guitar master in
the music industry, was born in Southern
California in March 1948. He
is a master of American jazz, blues, pop and rock genres on the
guitar and has participated in more than 500 music albums, winning
the Grammy Award 4 times. Additionally, he is widely acclaimed as
one of the most outstanding guitarists in the jazz scene in the
second half of the 20th century. In 1981, Larry Carlton won his first Grammy Award for
Best Pop Instrumental Performance for his work on "Theme From Hill
Street Blues." He then began working with numerous world-class
entertainers, including the legendary blues master B.B King, Jazz
Rock Super Group Steely Dan, Hollywood's Sammy
Davis Jr. and even Michael
Jackson. Overall, Larry
Carlton's voracious appetite for music has earned him 19
Grammy nominations and 4 Grammy Awards, a Star of the Rock Hall of
Fame in Hollywood, the Titan of
Tone award and many others, as well as widespread recognition
amongst fellow world class entertainers. His influence can be found
in a plethora of genres in today's music scene, with jazz, blues,
pop and rock all bearing the mark of Larry
Carlton.
Color Star CEO, Sean Liu, said
that "in the future, we will cooperate with more top artists and
producers in Asia, including
music, film, television, animation, dance and other industries. We
believe that Color World has the potential to bring richer content
to our students."
Color Star plans to continue growing its list of Star Teachers,
who will bring their various
expertise in music, film, sports, animation, television,
presentations, dance, art and other entertainment industries to the
Color World platform. Color Star believes that these top
celebrities and professionals can pass their precious experiences
on to pupils on our platform, helping to instill the desire for
knowledge in their hearts.
About Color Star Technology Co., Ltd.
Color Star Technology, is a holding company whose primary
business is offering both online and offline innovative education
services. Its business operations are conducted through its
wholly-owned subsidiaries Color China Entertainment Ltd. and CACM
Group NY, Inc. The Company also anticipates providing an
after-school tutoring program in New
York via its joint venture entity Baytao LLC, and providing
online music education via a platform branded "Color World."
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include the
business plans, objectives, expectations and intentions of the
parties following the completion of the acquisition, and HHT's
estimated and future results of operations, business strategies,
competitive position, industry environment and potential growth
opportunities. These forward-looking statements reflect the current
analysis of existing information and are subject to various risks
and uncertainties. As a result, caution must be exercised in
relying on forward-looking statements. Due to known and unknown
risks, our actual results may differ materially from our
expectations or projections. All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume
a duty to update these forward-looking statements. The following
factors, among others, could cause actual results to differ
materially from those described in these forward-looking
statements: there is uncertainty about the spread of the COVID-19
virus and the impact it will have on HHT's operations, the demand
for the HHT's products and services, global supply chains and
economic activity in general. These and other risks and
uncertainties are detailed in the other public filings with the
Securities and Exchange Commission (the "SEC") by HHT. Additional
information concerning these and other factors that may impact our
expectations and projections will be found in our periodic filings
with the SEC, including our Annual Report on Form 20-F for the
fiscal year ended June 30, 2019.
HHT's SEC filings are available publicly on the SEC's website at
www.sec.gov. HHT disclaims any obligation to update the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIRâ„¢
info@FinancialBuzzIR.com
Tele: +1-877-601-1879
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SOURCE Color Star Technology Co., Ltd.