To: mansan who wrote (195 ) 8/7/2000 11:06:45 AM From: Rob Preuss Respond to of 292 [Chyron Strengthens Executive Management Team] Monday August 7, 6:59 am Eastern Time Press Release Chyron Strengthens Executive Management Team Appoints Dr. Anthony Armstrong as Vice President, Business Development MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 7, 2000--Chyron Corporation (NYSE:CHY - news), a leading provider of broadcast hardware, software and services spanning television and the Internet, announced today the appointment of Dr. Anthony Armstrong as Vice President, Business Development. In his new role, Armstrong will be responsible for identifying strategic alliances, partnerships and acquisition opportunities for Chyron as part of the Company's strategy to develop the Company beyond its traditional strong position in the broadcast industry. In addition, Armstrong will guide the effort to amass and analyze market data on behalf of the Company's business units. Dr. Armstrong holds a Masters degree in engineering from Cambridge University and a PhD in Computer Aided Decision Analysis. Dr. Armstrong has 26 years experience of business development and corporate finance including the planning and financing of the first broadband cable television network in the United Kingdom. His combination of experience as a design engineer on satellite systems and extensive corporate finance work for a wide range of high-tech companies in both the UK and the US, will be an invaluable resource for Chyron. Prior to joining Chyron, he was responsible for the business development of Jan Bell Marketing Inc., a logistically complex, multi-location jewelry retailer, with revenue of over $400 million. ``With Tony on board, Chyron gains technical expertise and valuable insight in evaluating complementary technologies that support our strategy of capitalizing on new market opportunities in streaming media and interactive TV,'' said Roger Henderson, president and CEO of Chyron. ``We are delighted that Tony has joined Chyron and look forward to his many contributions to our business development.'' About Chyron Chyron Corporation through its Chyron Graphics and Pro-Bel divisions has established itself as the 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 division provides a broad range of leading- edge hardware and software products, including paint and animation systems, character generators and digital graphics systems, along with stillstore and clipstore packages. Pro- Bel manufactures products and systems for broadcast routing, distribution and transmission automation. The company is also very involved in new media products for Internet-related markets. For more information about Chyron, please visit the Company website at 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: Chyron Corporation Dawn Johnston, CFO Tel: 631 845-2000 Djohnston@chyron.com or Investor Relations: Lippert/Heilshorn & Associates Jody Burfening/Ted Crawford Tel: 212-838-3777 Jody@lhai.com/ted@lhai.com