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PR Newswire

Hytera Envisages the Future of PMR at Critical Communications World Virtual Conference

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SHENZHEN, China, Nov. 6, 2020 — Hytera, a global leading Professional Mobile Radio (PMR) solution provider, participated in Critical Communications Week (CCWeek) 2020 as a Brand Leader sponsor to showcase its latest innovations and shared perspectives on the evolution of communications technologies from 2G to 5G. CCWeek, a five-day virtual exhibition and conference on Nov. 2-6, offers a new opportunity for stakeholders of the critical communications sector to network after the Critical Communications World 2020 offline event was cancelled due to the pandemic.

On the first day of the fully packed five-day conference progromme, Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era. Hytera believes that there is no single technology capable of fixing all problems, instead it will be "2+5+N", a hybrid and convergent way of meeting a multitude of requirements.

Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era.
Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era.

"2" stands for 2G technologies, such as TETRA, which provides stable and reliable voice services for critical communication users. TETRA, as the most successful PMR technology, will remain as the first choice of mission critical voice services thanks to its great availability, reliability and security. Since the technology itself keeps evolving, Hytera sees TETRA as a viable technology in years leading to 4G and 5G era.

"5" stands for 5G that supports high throughput, low latency and massive connections. In 3G/4G LTE era, in order to satisfy the increasing demand of data services, there are mainly two paths available for mission critical and industrial users. One is private LTE, the other one is Mobile Virtual Network Operator (MVNO). One common choice for critical communication on broadband systems is Mission Critical Service (MCS), an open standard defined by 3GPP. When it comes to 5G, the two paths technologically merge and converge, since 5G from bottom up is designed for industries, which not only enables the telco to explore business opportunities into vertical sectors, but also empowers industry users with their private network in ways such as network slicing.

"N" stands for various applications based on different technologies. Numerous services and apps will be made available for industries by developers. Hytera believes the key is how to get the best out of each technology and converge them into an interconnected network. When multiple technologies and vendors are involved, the optimal situation for mission critical users is that they can choose freely from an open ecosystem and establish the critical communications infrastructure following an open protocol, which is important now and in the future.

To watch the presentation video, please visit https://www.youtube.com/watch?v=0g_RLsXunsU&feature=youtu.be

To find out more about Hytera’s new products, please visit https://www.hytera.com/2020/en/home

Related Links :

https://www.hytera.com

PR Newswire

Nel ASA: Selected by Iberdrola as preferred supplier for a 20 MW green fertilizer project in Spain

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OSLO, Norway, Nov. 4, 2020 — Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has been selected as preferred supplier by Iberdrola for a 20 MW PEM solution for a green fertilizer project in Spain. Contract award is subject to mutual agreement on the final commercial terms. The hydrogen plant is scheduled to commence operations in 2021.

"We are very excited and honored that Iberdrola prefer to use a PEM electrolyser solution from Nel for this landmark green fertilizer project. It is a true testament to our PEM platform, which has been deployed all over the world for several decades. We continuously work to develop larger systems, and with this project our PEM platform will be designed into a 20 MW solution. We have over the course of the last year been working on both alkaline and PEM large-scale solutions, which serve different customer needs, and we look forward to provide our PEM solution for this project," says Filip Smeets, SVP Nel Hydrogen Electrolyser, Nel Hydrogen Fueling.

Iberdrola, one of the largest electricity utilities in the world, has together with a world-leading fertilizer manufacturer Fertiberia launched a project to establish the largest green hydrogen plant in Europe. Located in Puertollano, Spain it will feature a 100 MW photovoltaic plant, a battery installation with a storage capacity of 20 MWh, and a 20 MW electrolyser. The hydrogen produced in the project will primarily be used for green fertilizer production. The 20 MW electrolyser is scheduled to commence operations in 2021.

Contract award is subject to mutual agreement on the final agreement on terms and conditions, technical details, and board approval.

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Kjell Christian Bjørnsen, CFO, +47 917 02 097

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles – without the emissions.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/nel-asa/r/nel-asa–selected-by-iberdrola-as-preferred-supplier-for-a-20-mw-green-fertilizer-project-in-spain,c3230644

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PR Newswire

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

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The “Color World” Named Tour Will Kick off on November 15, 2020 in Changsha, Hunan Province

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 in New York via 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

PR Newswire

Xinhua Silk Road: Cultural tourism promotion event held at Zhongxian County in SW China’s Chongqing

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BEIJING, Oct. 30, 2020 — The large-scale cultural tourism promotion event, exhibiting fine tourism products and cultural creative ones, was held on Monday in Zhongxian County, southwest China’s Chongqing Municipality. The county head Huang Zuying served as a cultural tourism promoter and introduced the unique charm of Zhongxian County to netizens via live streaming.

 

Huang Zuying, head of Zhongxian County, is promoting the local cultural tourism to netizens via live streaming, Monday.
Huang Zuying, head of Zhongxian County, is promoting the local cultural tourism to netizens via live streaming, Monday.

"Loyalty is the spiritual core of Zhongxian culture," said Huang, adding that the county is the only one of its kind that has been named "loyalty" in Chinese history.

"If you are interested in history and humanities, I recommend Shibao Stockaded Village, Huanghua Island, Zhongzhou Museum, Baigong Temple and Zhongzhou Ancient Street. If you prefer exciting and breathtaking places, I suggest you watch the performance Flames and Fumes: Three Kingdoms, go to the Huatian Valley and E-sports Town, and enjoy the Dongxi River drifting. If you yearn for a leisure and peaceful place, I recommend you to visit the Three Gorges Orange County Pastoral Complex, Golden Flower and Fruit Mountain, Tianchi Forest Park and Guanhu Water Village in Maguan Town," Huang recommended a number of high-quality tourist routes to the netizens.

It is worth mentioning that Shibao Stockaded Village, facing the Yangtze River and built on the rocks, is known as one of the eight fantastic buildings in the world. The performance Flames and Fumes: Three Kingdoms is a high-level real-life scenery show based on historical stories.

In addition, Huang introduced local delicacy to the netizens, including Zhongzhou fermented bean curd, Zhongxian oranges, sweet dumplings and so on.

See the original link: https://en.imsilkroad.com/p/317197.html

PR Newswire

Halloween Fest in Tokyo’s Shibuya Underway Online This Year, Joined by Some 70,000 People

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Live Music, Talk Sessions by Celebrities, Including Kyary Pamyu Pamyu, Comedians, and Costume Contest Held in Virtual Space

TOKYO, Oct. 28, 2020 — The annual Halloween Festival in Tokyo’s Shibuya Ward, joined by approximately 70,000 people, is underway online this year to prevent the spread of novel coronavirus infections.

The Executive Committee of Virtual Halloween is hosting the event, "Virtual Shibuya au 5G Halloween Fes," in "Virtual Shibuya," the ward’s official information dissemination platform, from October 26 to 31 under the slogan, "#StayVirtual." Organizers are urging the general public to get together in Virtual Shibuya to enjoy the event in a way suitable for the new era, while asking them not to gather in Shibuya Ward during the event.

Images: https://kyodonewsprwire.jp/release/202010276297?p=images

Official website: https://virtualhalloween.cluster.mu/en/?l=en
Period: from Monday, October 26, to Saturday, October 31, 2020
YouTube: https://www.youtube.com/channel/UCSA9H_TGgAQC6ANogSiNa5Q
Participation fee: free

Celebrities, comedians to give virtual live performances at virtual "scramble intersection":

Kyary Pamyu Pamyu, who enjoys high popularity in the world as an iconic J-pop singer, and many other popular musicians as well as comedians will give live performances at the well-known "scramble intersection" set up in cyberspace.

VTuber Mirai Akari to hold talk session; popular films in "Netflix Cinema" can also be viewed:

Highly popular Japanese VTuber Mirai Akari will have a special talk session in Virtual Shibuya decorated for Halloween."Netflix Cinema" will show its original anime series "Ghost in the Shell: SAC_2045" in Virtual Shibuya.

A variety of content, including costume contest, puzzle-solving game to be offered:

Participants can enjoy taking part in a costume contest using the event’s original avatars as well as a game to search for hidden characters, which will be organized in collaboration with Krispy Kreme Doughnut Corporation, among other events.

Ellen Allien, other globally renowned DJs to gather in Virtual Shibuya, connecting Shibuya to the world:

Ellen Allien from Berlin, Surgeon from Birmingham and Ken Ishii from Tokyo will be turned into avatars and gather in the virtual "scramble intersection," which has become a symbol of social distancing amid the novel coronavirus crisis.

Related Links :

https://virtualhalloween.cluster.mu

PR Newswire

The 2nd Xingcomic International Anime Award Contest Kicked Off in Daxing, Beijing

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BEIJING, Oct. 27, 2020 — Organized by the Beijing Daxing New Media Industry Base Management Committee and Beijing Xingyikaichen Culture Media Co., Ltd., the opening ceremony for the 2nd Xingcomic International Anime Award Contest was successfully held on October 23, 2020 in the Beijing Daxing District National New Media Industry Base. Industry and district leaders in attendance included Li Xuejie, Executive Vice President of the Animation Education Professional Committee under the China Life Science Association, Zhai Degang, member of the Daxing District Standing Committee and Director of the district’s Publicity Department, and Yang Beibei, Deputy District Head.

Group photo of leaders, with the Head of Daxing District and Executive Vice President of the Animation Education Professional Committee under China Life Science Association in the middle
Group photo of leaders, with the Head of Daxing District and Executive Vice President of the Animation Education Professional Committee under China Life Science Association in the middle

The "Xingcomic Award" practices the model of "government guidance, park support, enterprise organization, and societal participation". It seeks to share positive stories about China with the rest of the world through animation. To achieve this goal, the initiative has built a new ecosystem around animation entertainment with integrated industry support featuring collaboration between government, industry, academic and research bodies. All these contribute towards the rapid development and promotion of the animation entertainment industry.

The 2nd "Xingcomic Award" Contest 2020, while previously national, has been reimagined as an international animation contest. Its influence spreads across China, Japan and Korea and even extends to Southeast Asia. There are 13 awards in the contest, covering categories such as cartoon, animation, design and children painting. Among these categories is the special "Chinese Opera Animation Award", the first Chinese opera animation award in China which aims to encourage the use of animation to carry forward traditional Chinese opera culture. The "Xingcomic Award" seeks to revitalize the animation industry. The contest opened for entries in October 2020 and will stop accepting contributions in May 2021. The awards will be presented in September 2021.

Zhai Degang, member of the Standing Committee of Daxing District and Director of the district’s Publicity Department, said that the newly globalized "Xingcomic Award" contest will certainly accelerate cultural exchange in the international animation industry, enhance skill competition among animation talent, attract attention to more outstanding talent and works, and bring the development of China’s original animation into the spotlight. He noted that, with the official opening of Daxing International Airport, the image of Daxing District as a "new gateway of China" is more distinctive. Daxing is in an unprecedentedly advantageous position for development, and can leverage its vast space, rich resources and prominent location. Daxing will spare no efforts to achieve a new height for the business environment in Beijing, continue reform and innovation, cultivate talent, and promote enterprise development! We welcome friends from all sectors of society to invest in Daxing so that we can share in the growth and accomplish great achievements together!

For more information about the contest, please visit the official website: WWW.XINGCOMICAWARD.COM

PR Newswire

Momo Announces Yan Tang as the Executive Chairman and Li Wang as the New CEO

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BEIJING, Oct. 24, 2020 — Momo Inc. (Nasdaq: MOMO) ("Momo" or the "Company"), a leading mobile social networking platform in China, today announced that its board of directors (the "Board") has approved Mr. Yan Tang to step down from the position of Chief Executive Officer, and promoted Mr. Li Wang to this position, effective on November 1, 2020. Mr. Wang is a director of the Company, currently serving as the President and Chief Operating Officer of Momo. Starting from November 1, 2020, Mr. Yan Tang will become the executive chairman of the board of directors of Momo, in which role he will continue to be integrally involved in setting the strategic priorities and directing new business initiatives for Momo.

"I can think of no one better to lead Momo than Li Wang. Li’s experience as our President and Chief Operating Officer, combined with a career spanning nearly a decade with the Company, make Li the perfect choice as the new Chief Executive Officer. Li has the proven leadership track record and breadth of business experience we believe are critical to lead Momo, including the ability to execute our strategic vision, the commitment to our people and core values, and the focus on delivering return to shareholders. I am delighted to be handing over the reins to such an outstanding leader and look forward to working together with Li to set the course for Momo into an even brighter future," said Mr. Tang.

"I know that I speak for everyone at Momo in thanking Mr. Yan Tang for his leadership and tireless dedication to the company," said Mr. Li Wang. "We have an exceptionally talented team at Momo that is focused on taking decisive actions to transform the business, continuing to innovate our products in new and diverse ways, and unlocking future growth opportunities."

Mr. Li Wang has been our Chief Operating Officer since June 2014 and our President since April 2018. Mr. Wang joined the Company as a core member of the founding team in 2011.

About Momo Inc.

We are a leading player in China’s online social and entertainment space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates interactions based on location, interests and a variety of recreational activities including live talent shows, short videos, social games as well as other video- and audio-based interactive experiences, such as live chats and mobile karaoke experience. Tantan, which was added into our family of applications through acquisition in May 2018, is a leading social and dating application for the younger generation. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people.

For investor and media inquiries, please contact:

Momo Inc.

Momo Investor Relations
Phone: +86-10-5731-0538
Email: ir@immomo.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: Eyuan@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com

Safe Harbor Statement

This news release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995.

Our forward-looking statements are not historical facts but instead represent only our belief regarding expected results and events, many of which, by their nature, are inherently uncertain and outside of our control. Our actual results and other circumstances may differ, possibly materially, from the anticipated results and events indicated in these forward-looking statements. In addition, there are other risks and uncertainties that could cause our actual results to differ from what we currently anticipate. For additional information on these and other important factors that could adversely affect our business, financial condition, results of operations, and prospects, please see our filings with the U.S. Securities and Exchange Commission.

All information provided in this press release and in the attachments is as of the date of the press release. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, after the date of this release, except as required by law. Such information speaks only as of the date of this release.

Related Links :

http://ir.immomo.com/

PR Newswire

All Wondershare Software Now Compatible with iOS 14

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VANCOUVER, BC, Oct. 23, 2020 — Wondershare announced today that all of it mobile products are compatible with iOS 14. As a global leader in software development and a pioneer in the field of digital creativity, Wondershare is committed to providing its users with seamless solutions for iOS 14.

All Wondershare Software Now Compatible with iOS 14
All Wondershare Software Now Compatible with iOS 14

"Apple’s latest iOS14 system is providing a smarter, safer, and more convenient way to protect your data," says Tobee Wu, CEO of Wondershare. "We are dedicated to providing the best software experience possible for our users and so we have made all of our apps compatible with the latest iPhone and iPad system."

This is an important change for the teams behind all of Wondershare’s mobile products as well.

"With the iOS14 compatibility upgrade we’ve also been able to add new features," says Alex Lu, Product Director for Wondershare FilmoraGo. "Our users will experience faster video creation and get access to dozens of cool sticker packs and 20 new template sets. We’ve added all that, and we’ve still been able to reduce the app size by 26%."

Wondershare FilmoraGo – create stories with iOS14

Wondershare FilmoraGo is an easy-to-use video editing app with advanced features and tons of ways to be creative. Edit music videos, make movies, and share videos with friends. Users will save time and have a blast.

Wondershare Dr.Fone – the complete mobile solution for iOS14

Wondershare Dr.Fone provides a variety of solutions for iOS and Android devices such as data recovery, data transfer, WhatsApp transfer, phone cloning, system repair, unlocking, data erasing, and more.

Wondershare MobileTrans – ready to transfer between iOS14 and Android

Wondershare MobileTrans is a desktop software that lets users transfer WhatsApp data and other data between phones. It makes it easier to back up and restore data using multiple devices.

Wondershare TunesGo – must have phone manager for iOS14

Wondershare TunesGo allows users to manage and back up contacts, photos, music and SMS messages in a safer and simpler way.

About Wondershare:

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That’s why we’re trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.  

www.wondershare.com

 

Related Links :

http://www.wondershare.com/

PR Newswire

CNN and Hyundai Motor Company embark on a new campaign exploring innovations in transport and mobility

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HONG KONG, Oct. 23, 2020 — CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) are partnering on a cross-platform campaign that explores how innovation will change the way we will live in the future. In this exclusive global partnership, CNN will deliver a creative mix of advertising, branded content and sponsorship solutions to bring to life Hyundai’s vision on human-centred mobility through stories that will engage and inspire CNN global audiences. CNNIC will power this campaign with the latest data technology and targeting tools to reach Hyundai’s core audiences including electric car owners and young families with children.

CNN and Hyundai Motor Company embark on a new campaign exploring innovations in transport and mobility
CNN and Hyundai Motor Company embark on a new campaign exploring innovations in transport and mobility

The campaign’s branded content component includes three films produced by CNNIC’s global brand studio Create that will convey Hyundai’s messages around the new paradigm of electric. With a cinematic documentary approach, the films discover new possibilities in life and follow individuals’ journeys with curiosity and exploration in mind.

The partnership also includes Hyundai’s exclusive sponsorship of two editorial initiatives ‘Saved by The Future’ and ‘Time Transformed’. Launching across CNN International TV, digital and social platforms, the series explores transport and mobility innovations set to transform our cities, economies and societies in the next ten years. ‘Saved by The Future’ is hosted by TV presenter Nicki Shields and airs from October to December. ‘Time Transformed’ is a special series where CNN meets thought leaders of renewable energy, green mobility, intelligent design, business and urban planning.

"Building on CNN’s long-held belief in and coverage of the power of technology and innovation, we are delighted to embark on this journey of hope, inspiration and ingenuity together with Hyundai Motor Company. Our premium storytelling and deep insight into stories that engage with global viewers has enabled us to create fascinating content about new mobility technologies which encourages and inspires our audiences for a better future," said Rob Bradley, Senior Vice President, CNN International Commercial.

"Collaborating with CNN International Commercial will be an exciting opportunity for Hyundai Motor to share a glimpse into the future of mobility as we envision it," said Wonhong Cho, Global Chief Marketing Officer of Hyundai Motor Company. "Through this campaign, we will highlight new possibilities in life as well as the benefits of electrified mobility with IONIQ – our dedicated electric vehicle lineup brand."

About CNN International Commercial

CNN International Commercial (CNNIC) is responsible for the business operations of CNN’s properties outside of the United States. All commercial activities for brands such as CNN International, CNN en Español, CNN Arabic, CNN Style and CNN Business are aligned within the division. This encompasses the advertising sales, sponsorship partnerships, commercial content development, content sales, brand licensing, distribution and out-of-home operations, business development and marketing for the world’s leading international news provider. CNNIC is a recognised industry leader in international advertising sales and its use of award-winning commercial content, produced through its Create unit and driven by its advanced data usage and digital capabilities, has resulted in strong and enduring partnerships with many of the world’s most recognised brands. Its Content Sales and Licensing unit has relationships with more than 1,000 affiliates ranging from licensing the CNN brand through to content supply contracts as well as offering consultancy services. CNNIC has offices across the world, with key hubs in London, Hong Kong and Miami. For more information visit http://commercial.cnn.com

About Hyundai Motor Company

Established in 1967, Hyundai Motor Company offers a range of world-class vehicles and mobility services in more than 200 countries. Hyundai Motor sold more than 4.4 million vehicles globally in 2019, and currently employs some 120,000 personnel worldwide. The company is enhancing its product lineup with vehicles designed to help usher in a more sustainable future, while offering innovative solutions to real-world mobility challenges. Through the process Hyundai aims to facilitate ‘Progress for Humanity’ with smart mobility solutions that vitalize connections between people and provide quality time to its customers. More information about Hyundai Motor and its products can be found at: http://worldwide.hyundai.com or http://globalpr.hyundai.com Disclaimer: Hyundai Motor Company believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.

Related Links :

http://commercial.cnn.com

PR Newswire

Color Star Technology Announces Receipt of Nasdaq Continued Listing Deficiency Notice

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NEW YORK, Oct. 23, 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 on October 16, 2020, the Company received a notification letter (the "Notification") from Nasdaq Listing Qualifications advising the Company that based upon the closing bid price for the Company’s ordinary shares for the past 30 consecutive business days, the Company no longer met the minimum $1.00 per share Nasdaq continued listing requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Notification also stated that Under Rule 5810(c)(3)(A), the Company would be provided 180 calendar days, or until April 14, 2021, to regain compliance with the foregoing listing requirement. To do so, the bid price of the Company’s ordinary shares must close at or above $1.00 per share for a minimum of 10 consecutive business days prior to that date.

In the event the Company does not regain compliance by the first compliance deadline, the Company may be eligible for additional time to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, the Nasdaq staff will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to the Nasdaq staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, the staff will provide notice that its securities will be subject to delisting.

The Company provides no assurance that its ordinary shares will trade at levels necessary to regain and maintain compliance with the above-referenced bid price rule before the compliance deadline. The Company intends to continue to monitor the bid price for its ordinary shares. If the Company’s ordinary shares do not trade at a level that is likely to regain compliance with the Nasdaq requirements, the Company’s Board of Directors will consider other options that may be available to achieve compliance.

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 in New York via 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 its intention to cure the Nasdaq continued listing deficiency are forward-looking statement. 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.

For more information, please contact:

Tony Tian, CFA 
Email: ttian@weitianco.com
Phone: +1-732-910-9692