NEW YORK, Feb. 23, 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 new Asian trend clothing
brand Unbounded Human officially entered Color World, a metaverse
platform, which became the first high-end clothing Asian brand to
land on the platform. This marks that more corporate brands have
also begun to settle in the Color World metaverse platform with
their own 3D virtual headquarters or brand stores.
Unbounded Human is committed to creating fashion items that
promote the coexistence of comfort and luxuries. It respects
professionalism and design, with the pursuance that each item can
become a versatile or even a classic cultural product in everyone's
wardrobe. It also follows the trend and integrates into the trend
to open a new fashion that belongs to the beauty of the East. With
its unique design concept and sophisticated tailoring, it has now
become the fashion wardrobe of many Asian celebrities. With the
synchronization and integration of global culture and fashion, the
brand is trending upward. It has reached a cooperation with Color
Star, entered the Color World metaverse platform, and carried out a
global marketing layout, which not only enhances its corporate
branding, but also makes the new oriental trend that Unbounded
Human adheres to become the main force of international fashion.
After the cooperation between the two parties, Color Star will give
full play to the advantages of its international team and use 3D
technology to create a virtual brand store for Unbounded Human. And
with the in-depth cooperation, online sales and virtual clothing
exclusive stores will be launched in the future. Members from all
over the world will buy new Asian trendy clothing online and can
also experience more virtual clothing by trying them out online,
which will also enrich Color World with more cultural and fashion
experience.
Lucas Capetian, CEO of Color Star, pointed out: "Our Color World
metaverse platform has a lot of business tracks, which will allow
us to attract many companies to settle in. And with the continuous
increase in the number of members, the merchants on the platform
will start online sales and virtual product sales, step by
step."
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.