Color Star announces its participation in GITEX to officially unveil its Metaverse DONO Phone

Color Star announces its participation in GITEX to officially unveil its Metaverse DONO Phone

New YorkAnd the October 10 2022 /PRNewswire/ – Color Star Technology Co., Ltd. (Nasdaq: CSCW) (“Color Star” or the “Company”), a global network entertainment technology company focused on the application of technology and artificial intelligence in the entertainment industry, announces its participation in the Gulf Information Technology Exhibition (“GITEX”), which takes place from From October 10 to October 14 2022. GITEX is the largest technology fair in the world The Middle EastAnd the North AfricaAnd the South AsiaIt showcases the latest achievements in Metaverse, Web3.0, Blockchain, AI, ESG, Quantum Computing, and 5G technologies. At this event, Color Star will showcase its ColorWorld Metaverse (“Color World”) and in collaboration with partners will present the first Color Star metaverse smartphone, DONO Phone, to the world.

Color Star will participate in the exhibition to further promote the company’s platform and metaverse technology, and at the same time will take full advantage of the opportunity to introduce DONO Phone to the world together with its partners. Color World will be pre-installed on the phone, allowing users to quickly register and log into the metaverse platform without having to install it first. The phone aims to break down barriers and allow users to experience the technology offered by the colorful metaverse. Work, study, socializing and entertainment can all be done in one place. DONO also features a robust electronic security system to protect users’ privacy and payment security. In order to help attendees quickly and accurately form an understanding of Color Star and Color World, the Color Star team made the exhibition booth unique and eye-catching, with staff stationed on site to provide detailed explanations to attendees.

Farhan QaderCEO of Color Star, said: “Color Star is very grateful to be able to participate in such an important exhibition, and we are also very grateful for the strong support we have received from our partners. This is a very good opportunity for us to take our next step in starting a comprehensive sales promotion in various countries. and regions.In addition, we will establish more partnerships through this exhibition by attracting interested parties to join our metaverse or represent our products, that is the purpose of the exhibition.At Color Star, we have a dedicated technology and sales team.And we will take full advantage of these advantages that we have for the promotion and sales of our metaverse and DONO Phone.”

About Color Star Technology Co., Ltd.

Color Star Technology Co., Ltd. (Nasdaq: CSCW) is an entertainment and education company that provides online entertainment offerings and online music education services. Its business operations are conducted through its wholly owned subsidiary, Color China Entertainment Ltd. and CACM Group NY, Inc. The company’s education is provided online through its Color World music and entertainment education system. More information about the company can be found at www.colorstarinternational.com.

forward-looking statement

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, events or future performance, underlying assumptions, and statements other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “expect,” “project,” “estimate,” or similar expressions that are not related solely to historical matters, They make forward-looking statements. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties that could cause actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. Such statements are subject to uncertainties and risks including, but not limited to, the following: Company objectives and strategies; development of the company’s future business, including the development of the metaverse project; ordering and accepting the product and service; changes in technology; economic conditions; Growth of the international education and training services market where CSCW does business; reputation and brand; Impact of competition and pricing. government regulations; Fluctuations in general economic and business conditions and assumptions underlying or associated with any of the foregoing and other risks contained in reports submitted by the Company to the Securities and Exchange Commission. For these reasons, among other things, investors are cautioned not to place undue reliance on any forward-looking statements in this press release. Additional factors are discussed in the company’s filings with the US 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 arising after the date of this Contract unless required to do so by applicable laws, regulations or rules.

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SOURCE Color Star Technology Co., Ltd.

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