Color Star Technologies to Kick Off Offline New music Festival Series in China

NEW YORK, Oct. 16, 2020 /PRNewswire/ — Colour Star Technology Co., Ltd. (Nasdaq CM: CSCW) (the “Enterprise”, or “Shade Star”), a corporation engaged in the businesses of delivering on the web and offline paid awareness services for the media, enjoyment and tradition industries globally, declared currently that it will kick off its “Colour Planet”-branded Tunes Competition Sequence (the “Series”) in mainland China with the first of the Series to be introduced in coming months.

The Firm also declared that it will give unique gains for its about 600,000 registered “Shade Earth” buyers, which include low cost pricing for pageant tickets and other peripheral solutions, voting for their beloved musicians with the most important book profits vote-getters to be invited to complete at the festivals, possibilities to be picked to fulfill festival performers backstage, and bargains and coupons for buying at the Firm’s online shop which is scheduled to debut on October 25, 2020.

Luke Lu, Chairman and Chief Executive Officer of Colour Star, commented, “To manage or co-manage up to 30 tunes festivals with diverse genres about the following five many years is a person of the high-precedence strategic initiatives for the Company. With the restoration of the China economy in total swing right after the COVID-19 pandemic, the demand from customers for songs festivals and live shows is robust and most likely to go on in our check out, building China as the very first halt of the Sequence a sensible choice for us. Our China workforce is now doing work intensively on the very first festival and we search ahead to updating our admirers, followers and buyers on the development in coming weeks.”

About Colour Star Technology

Shade Star Engineering Co, Ltd. (Nasdaq CM: CSCW) provides on the web and offline compensated bioptimizers coupon code understanding products and services for media, entertainment and society industries globally. Its business enterprise functions are performed by means of its wholly-owned subsidiaries Shade China Enjoyment Ltd. and CACM Team NY, Inc. The Firm’s on-line training is furnished via its Shade Planet tunes and entertainment schooling system. The Corporation also presents after-school leisure tutoring in New York via its joint venture entity Baytao LLC. Extra details about the Organization can be discovered at www.colorstarinternational.com.

Ahead-Searching Assertion

This press launch has forward-looking statements as described by the Personal Securities Litigation Reform Act of 1995. Forward-searching statements include statements about ideas, aims, ambitions, strategies, future occasions or performance, and underlying assumptions and other statements that are other than statements of historical information. When the Corporation utilizes terms this kind of as “may perhaps,” “will,” “intend,” “need to,” “believe,” “anticipate,” “foresee,” “challenge,” “estimate” or equivalent expressions that do not relate entirely to historic issues, it is producing ahead-hunting statements.  Specially, the Firm’s statements concerning the proposed co-corporation of up to 30 musical festivals in the following five a long time are ahead-searching statements. Forward-hunting statements are not promise of long run general performance and require risks and uncertainties that could bring about the true final results to vary materially from the Firm’s expectations mentioned in the ahead-searching statements. These statements are subject matter to uncertainties and pitfalls which include, but not minimal to, the following:  the Company’s plans and strategies the Company’s foreseeable future organization enhancement merchandise and provider demand and acceptance variations in technologies economic circumstances the expansion of the academic and education products and services current market in China and other nations exactly where CSCW conducts its business enterprise name and model the affect of levels of competition and pricing govt rules fluctuations in typical economic and organization circumstances and assumptions underlying or associated to any of the foregoing and other pitfalls contained in reports submitted by the Organization with the Securities and Trade Fee.  For these factors, amid others, investors are cautioned not to put undue reliance on any ahead-seeking statements in this push launch. Added components are talked over in the Firm’s filings with the U.S. Securities and Trade Fee, which are accessible for review at www.sec.gov. The Firm undertakes no obligation to publicly revise these forward–looking statements to mirror events or conditions that crop up soon after the day hereof.

For far more information and facts, be sure to get in touch with:

Tony Tian, CFA 
Electronic mail: [email protected]  
Cellphone: +1-732-910-9692

Resource Coloration Star Engineering Co., Ltd.

By Zigong