To: Rob Preuss who wrote (183 ) 4/10/2000 5:09:00 PM From: Rob Preuss Respond to of 292
[Chyron and NBC Sign Five Olympic Games Agreement] Monday April 10, 3:20 pm Eastern Time Company Press Release Chyron and NBC Sign Five Olympic Games Agreement LAS VEGAS--(BUSINESS WIRE)--April 10, 2000--Chyron Corporation (NYSE: CHY - news) has announced the signing of a five Olympic Games Agreement with NBC (NYSE: GE - news) for technology development and implementation, support, and service for NBC's Olympic coverage. The agreement covers current products such as iNFiNiT!, DUET, Aprisa, Codi, and software applications, plus future products that will be developed by Chyron. According to Rich Hajdu, Vice President of Sales for Chyron: ``For many years we have been proud to have been a part of NBC's exceptional Olympic coverage. This agreement assures that we will continue to have the opportunity to provide NBC with advanced content creation and playout tools that make their Olympic presentation visually exciting.' Philip Paully, PhD., Director of Olympic Graphic Engineering and Operations states that ``Integrating the Chyron Aprisa and Chyron iNFiNiT! will greatly enhance our text generation and display capabilities.' In addition to products used in the Olympics, Chyron also provides NBC, CNBC and MSNBC graphics products used for news, sports, programming, and business applications. Chyron's Pro- Bel division also supplies MAPP Media Management software used by the Genesis in-house commercial and program automation system. Chyron Corporation, through its Chyron Graphics and Pro-Bel divisions, has established itself as a worldwide leader in the innovation and development of integrated broadcast graphic systems and distribution systems including products that meet the demands of digital and high-definition television. Chyron Graphics provides a broad range of leading-edge hardware and software products, including paint and animation systems, character generators and digital graphic systems, along with stillstore and clipstore packages. Pro-Bel manufactures products and systems for broadcast routing, distribution and transmission automation. The Company is also involved in developing products for Internet streaming media and Interactive TV markets. For more information about Chyron products and services, please visit the Company website at chyron.com or contact Chyron Corporation, 5 Hub Drive, Melville, NY 11747. TEL: 1-631 845-3855; FAX 1-631 845-3867; EMAIL: info@chyron.com. Certain of these statements contained in this press release may be deemed forward-looking statements. Such statements, and other matters addressed in this press release, involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially from these statements and matters are the risks and other factors detailed, from time to time, in the Company's reports with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Reports on Form 10-K and its Quarterly Reports on Form 10-Q. All trademarks are the property of their respective owners. Contact: Company Contact: Chyron Corporation Karen Italo, 1 631 845-3855 kitalo@chyron.com or Public Relations: Marcomm Group Kristen Herbert, 1 516-829-0404 Marcommpr@aol.com or Investor Relations: Chyron Corporation Dawn Johnston, 1 631 845-2000 (CFO) djohnston@chyron.com