[0] Chyron Internet Services and Excalibur Announce Partnership to Provide Streaming Media Solutions.

Business/Technology Editors

MELVILLE, NY--(BUSINESS WIRE)--Oct. 11, 2000

Chyron Corporation (NYSE: CHY), a leading provider of broadcast hardware, software and services spanning television and the Internet, today announced that its Chyron Internet Services division has entered into a partnership agreement with Virginia-based Excalibur Technologies, the leading supplier of cross-lingual, multi-media search solutions. The partnership will enable Excalibur products to be used as part of the streaming media solutions offered by Chyron Internet Services and will complement the Chyron Corporation's media asset management tools already available, providing such features as capturing and indexing valuable digital content.

Roger Henderson, Chief Executive Officer of Chyron Corporation said, "Web streaming is coming of age with the expansion of high bandwidth Internet access to businesses and consumers. As the first broadcast compliant provider to deliver streaming media over the web, Chyron Internet Services is well positioned to succeed in this new market. We are delighted to add Excalibur to our portfolio of partners ensuring we provide an even wider choice of solutions for our clients."

Peter Doyle, International Marketing Director, Excalibur Technologies said, "The quality of service companies can offer will play a major part in deciding which sites survive and which fail. Excalibur's Retrievalware provides that competitive edge. Our products combined with Chyron Internet Services' turnkey solutions for streaming media, will ensure clients' web sites will be ahead of their competitors."

About Chyron

Chyron Corporation 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. The Company has three divisions: Chyron Graphics, Pro-bel and Chyron Internet Services.

Chyron Graphics 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, transmission and automation. Chyron Internet Services offers a complete web streaming solution. Its objective is to be the simplest, one-stop shop for anyone who needs to deliver streaming media over the web. Clients can focus on the content of their broadcast while Chyron Internet Services handles all technical aspects.

Excalibur Technologies is the world's leading supplier of cross-lingual multi-media search solutions. Retrievalware enables users to conduct complex advanced searches, quickly and with the greatest of ease, displaying the results in an easily digestible format.

Notes to editors

-- Chyron Internet Services is the first broadcast compliant expert to provide
turnkey solutions for streaming media technologies and management for companies
and learning institutions. Its combination of hardware, software and consulting
services provides customers with the unique ability to encode, schedule,
catalogue/search and archive audio and video materials.

-- Chyron Internet Services is a subsidiary of Chyron Corporation (NYSE:CHY)
the leading authority in the development and delivery of products and services
in media casting: broadcast graphics, high bandwidth and multi media signals,
streaming media technology and content management.

-- Founded in 1980, Excalibur Technologies Corporation (Nasdaq: EXCA) is a
recognised leader in high-performance, search-powered, multimedia content
management solutions for intelligently capturing, indexing, managing, accessing
and utilising valuable digital content - including text, images and video.
Excalibur works with Global 2000 corporations, software developers, application
service providers and government agencies to power Intranet and Internet
solutions, corporate portals and eCommerce sites.

-- Excalibur customers and partners include ABC News, AT&T, BG Technology,
Bloomberg, The Boeing Company, British Telecom, CareerBuilder.com, DataChannel,
Discovery Communications, Encyclopaedia Britannica, Exodus, Harvard Medical
School, ICI, iXL, Johnson Space Center, NCR, Nortel Networks, Parametric
Technologies Corp., QXL.com, Raytheon, Reuters, Sony, StorageTek, UCLA, United
Airlines, Watson Wyatt and The World Bank.

-- On May 1, 2000, Excalibur and Intel's Interactive Media Services Division
announced an agreement to merge and form a new company. The transaction is
subject to customary closing conditions, including regulatory review and
shareholder approval, and is expected to close in the third quarter of 2000.
Plans for the new company focus on achieving a leading role in web-based
interactive media services.

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.

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