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Microcap & Penny Stocks : CHYRON CORP (CHY)

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To: Bull4Now who wrote (276)1/20/2004 9:04:32 AM
From: Rob Preuss   of 292
 
Chyron to Provide Field Production Graphics For ESPN

Tuesday January 20, 7:58 am ET

MELVILLE, N.Y.--(BUSINESS WIRE)--Jan. 20, 2004--Chyron Corporation (OTC BB:CYRO) announced today that its Duet platform will continue to be used as the field playout system for ESPN's graphics look. Chyron will now work with mobile suppliers to help them migrate to the Duet platform.

Source: Chyron Corporation
  
Chyron vice-president Bill Hendler said, "Chyron has traditionally been exceptionally strong in the sports environment. We are pleased that the combination of Duet, our powerful, next generation real-time graphics product, and our commitment for ongoing support and training has led ESPN to continue using Chyron for field production."

Chyron estimates more than 200 systems in live event trucks will need to be replaced over the next several months. According to Rich Hajdu, Chyron's VP of sales and marketing, "We have put together a package for remote providers, which offers the Duet sports configuration at a price point that will enable them to recoup their investment much sooner than has been the case in the past."

The Duet configuration includes a 2-channel system with clips, Chyron keyboard, additional hard drive capacity and Chyron's new C-Mix time-line controlled layering mixer. Chyron's Lyric software will be used for content creation and real-time playout and will include features such as off-line content creation, extensive integration of data-based player information, as well as iNFiNiT file compatibility and editing.

Chyron's Duet has already been used for NFL and NCAA football, the NBA, NASCAR, NHL, the Olympics and major league baseball. There are over 1,200 Duet family products installed at remote, network, broadcast and local facilities worldwide.

Contact:
Chyron Corporation
Peggy Stalhut, 330-865-7552
pstalhut@chyron.com
or
D. Pagan Communications
Scott Daugherty, 631-659-2309 x17
scottd@dpagan.com

Source: Chyron Corporation
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