NEW YORK, September 14, 2021 / PRNewswire / – Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter “Color Star” or “Company”), an entertainment technology company focused on applying technology to the entertainment industry, today announced the launch of the first entertainment system. artificial intelligence (AI) on its global celebrity interactive platform, Color Star APP.
The current AI created by Color Star will focus on the development of images of specific characters, where a specific image will be based on the works published by each user registered on the Color Star platform, including their works of music, dance, cinema and animation. This AI technology will also include features and functions that can be used in Color Star’s upcoming “map,” where users can buy, travel, and conduct virtual reality business negotiations. Launched first-edition AI images will offer more than 1,000 image options, and the scale of options is still expanding. In the future, more images will be released for users to choose from.
Always committed to the application of entertainment technology, Color Star has continually incorporated newer scientific and technological concepts into APP Color Star software, which combines entertainment and technology. With the launch of AI, the concept of “parallel universe” defended by the company will come to fruition. In the future, Color Star will further realize the concept of parallel universe by implementing augmented reality (RA) technology, which will allow the user to see an online performance as if it were live. Users will also be able to interact and communicate with their favorite celebrities and conduct activities such as shopping and business negotiations, all without leaving home. In addition, artificial intelligence images will be used in the APL Color Star to represent and identify individual users on the Internet. Using artificial intelligence technology, the limitations of reality can be overcome, such as time, location, occupation, life circumstances, and so on. Instead, each user will be able to create their own virtual universe with social interactions.
Sr. Basil Wilson, CEO of Color Star, commented: “Color Star has been making great efforts to develop products that can be combined with entertainment. To this end, we have created a research and development base in Dubai. The company’s artificial intelligence system has completed its first phase of testing and applications, with related products to be launched in succession; the new AR vision intelligence system currently under construction will also be launched in sequence. In the future, users will be able to perform a different self through Color Star regardless of their situation in the real world. That was one of our original goals in trying to create a parallel universe for our users. “
The Color Star app is currently available for download directly in the Apple Store and Google Store. As Color Star apps are launched in batches, the company believes it will bring more pleasant surprises and experiences to its global users.
As for Color Star technology
Color Star Technology Co., Ltd. (Nasdaq CM: CSCW) is an entertainment and education company that offers 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 training is provided through its Color World music education and entertainment platform. You can find more information about the company at www.colorstarinternational.com.
This press release contains forward-looking statements defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, objectives, objectives, strategies, future events or performance, and underlying assumptions and other statements that are not statements of historical facts. When the company uses words like “can”, “want”, “pretend”, “should”, “believe”, “expect”, “anticipate”, “project”, “love” or similar expressions that are not only related in historical matters, he makes forward-looking statements. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties that may cause 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 are not limited to, the following: company objectives and strategies; the future business development of the company; demand and acceptance of products and services; technological changes; economic conditions; the growth of the market for education and training services a China and other countries where CSCW operates; reputation and brand; the impact of competition and prices; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the above risks and other contents in the reports submitted by the company to the Securities and Exchange Commission. For these reasons, among others, investors are warned not to rely too much on forward-looking statements in this press release. Additional factors are discussed in the company’s applications to the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company has no obligation to publicly review these forward-looking statements to reflect events or circumstances that arise after the date of this document, unless required by applicable laws, regulations or rules.
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