NEW
YORK, June 8, 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 ("AI") in the entertainment industry,
announces today that a new version of "ColorWorld_MetaVerse" has
been launched simultaneously on Android and Apple mobile
phones.
The entertainment metaverse software
"ColorWorld_MetaVerse" is a metaverse concept software that
integrates entertainment, in-game social features and entertainment
business. The latest software not only incorporates AI and VR
vision systems, but also improves business meeting functions. With
the continuous development of more sections and the non-stop
improvement of various functions, "ColorWorld_MetaVerse" will
provide users with more practicality and better user
experience.
Mr. Lucas Capetian, CEO of Color Star, commented: "Recently the
Company's technology development department has been working on
software upgrades. The latest version of the software has more
convenient page operations and a more advanced visual experience.
Also, more content will be added to the software, including VR
arcades, VR concerts and VR star meet-ups. I believe we will
attract more users in the future. At the same time,
ColorWorld_MetaVerse may be the world's first entertainment
metaverse software. Color Star will pay more attention to the
entertainment function of the software, and the celebrity meeting
section will be a highlight that cannot be ignored."
"ColorWorld_MetaVerse" APP is available to all users which can
be downloaded on both the Apple App Store and Android Google
Play.
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.