BEIJING, July 2, 2020 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or
"HHT") is pleased to announce that Color China Entertainment
Limited ("Color China"), a wholly-owned subsidiary of Color Star
Technology, has just signed a cooperation agreement with a renowned
guitarist, Zhengyan You (a.k.a.
Masa). Masa will take on the role of a Star Teacher of the "Color
World" online education platform, created by Color Star.
Masa, who is widely known as a "Guitar Guru" in Asian pop music,
has participated in the production of thousands of albums since he
entered the entertainment industry in 1974. His albums include top
pop music stars in Chinese music, such as Wenzheng Liu, Dayou
Luo, Qin Cai, Rui Su, Qin Qi, Xiang
Fei, Jie Wang and so on.
Multiple record labels and fellow artists have also been known to
reach out to Masa for cooperation. His music has influenced
musicians throughout the ages, solidifying Masa as a representative
of guitar performance in Asian pop music.
No matter the genre, classical, pop or rock, Masa's performances
were widely praised. Many producers, guitarists and entertainers of
Chinese pop music are honored to be able to learn from Masa.
On June 26, 2020, we have invited
Masa to join Color World as a teacher, as we believe that there
will be a great demand for his teachings in the Asian market. The
addition of Masa allows our students, regardless of whether they
are ordinary music lovers or professional practitioners, to be able
to learn and improve with the best, as is the original intention of
Color World. We hope that more entertainment enthusiasts will be
able to learn what they are truly interested in, and that they can
also improve their skills professionally. The signing of this
contract with Masa also marks the beginning of Color World's
development of its reach into the Asian market. Sean Liu, the CEO of Color Star, said, "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." In the future, Color China will continue to sign
contracts with top artists from China, South
Korea, Japan, Thailand and other countries. We believe that
their additions will greatly improve Color World's competitiveness
in facing the Asian market of over 2 billion consumers.
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.
For investor and media inquiries, please contact:
Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
info@FinancialBuzzIR.com
Tele: +1-877-601-1879
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SOURCE Color Star Technology Co., Ltd.