Color Star Technology Secures Naming Rights for Wu Muye Piano World Tour

NEW YORK,Oct. 30,2020 -- 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 has secured the naming rights for the Wu Muye Piano World Tour,under the name "Color World – Wu Muye Piano World Tour". The "Color World" named world tour will kick off in Changsha,the Capital City of Hunan Province,China on November 15,2020.

Wu Muye is an internationally acclaimed pianist who has won numerous awards and performed at many major festivals and concerts. In 2009,Mr. Wu received his Ph.D. degree in piano performance from National Superior Conservatory of Paris for Music and Dance ("CNSMDP") and became the first Chinese to ever receive the "Perfect Pianist" medal by the French Ministry of Culture.

Dr. Wu is also a "Star Mentor" for the Company and teaches interactive online piano lessons on the Company's Color World App platform.

Luke Lu,Chairman and Chief Executive Officer of Color Star,commented,"We are thrilled to ink the naming rights agreement with the upcoming Wu Muye Piano World Tour,taking the collaborative partnership between Dr. Wu and Color Star to the next level. We wish the tour a big success and look forward to bringing an auditory feast for fans and followers,including many of our registered users."

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. 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 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.

For more information,please contact:

Sherry Zheng

Weitian Group LLC

Email: shunyu.zheng@weitian-ir.com

Phone: +1-718-213-7386

View original content:/news-releases/color-star-technology-secures-naming-rights-for-wu-muye-piano-world-tour-301163572.html