Color Star Technology to Launch "Star Teacher"- Fan Virtual Meeting Series

NEW YORK,Oct. 9,2020 -- Color Star Technology Co.,Ltd. (Nasdaq CM: CSCW) (the "Company",or "Color Star"),a company engaged in the businesses of providing online and offline paid knowledge services for the media,entertainment and culture industries globally,today announced that it,in celebration of its planned Color World App upgrade with the official launch of interactive live video streaming feature which is scheduled on October 15,2020,will launch a series of interactive live events featuring its growing band of Star Teachers.

The first event (the "Event") featuring "Star Teacher" Julaiti is scheduled for 8:00 p.m. Beijing Time (or 8:00 a.m. ET) on October 17,2020.Julaiti is a 20-years old musician who has gained increasing popularity among China's Gen Z in recent years,following his Top 15 Finalist finish on the "Super Boy 2017",a highly acclaimed musical competition series on Hunan Satellite TV,and his invited performance at the CCTV New Year's Gala in 2019. The Event will give Color World App users a unique opportunity to tune in and interact with Julaiti in a live and intimate setting.

"While our platform is adding new features and launching new programs,our band of 'star teachers' is expanding globally,and our fans,followers,and users are exploding,Color Star is evolving at a lightning-fast pace with the aspiration to build a leading paid knowledge services platform which connects artists and celebrities with fans and followers," said Luke Lu,Chairman and Chief Executive Officer of Color Star.

About Color Star Technology

Color Star Technology Co,Ltd. (Nasdaq CM: CSCW) offers online and offline paid knowledge services for media,entertainment and culture industries globally. 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. The Company also offers after-school entertainment tutoring inNew Yorkvia its joint venture entity Baytao LLC. 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. Specifically,the Company's statements regarding the proposed acquisition of FENT are 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; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where HHT 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.

For more information,please contact:

Tony Tian,CFA

Email: ttian@weitianco.com

Phone: +1-732-910-9692

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