CHYRON CORPORATION REPORTS ON ANNUAL MEETING.

MELVILLE, N.Y.--(BUSINESS WIRE)--May 20, 1996--Chyron Corporation (NYSE/CSE:CHY) announced today that at its Annual Meeting of Shareholders held on May 15, 1996, 85,677,426 shares, representing 92% of the total outstanding shares, were voted in person or by proxy.

With no nominees receiving less than 91% of the shares that were voted, the following persons were re-elected to the Board of Directors: Sheldon D. Camhy; S. James Coppersmith; Charles M. Diker; Isaac Hersly; Alan J. Hirschfield; Wesley W. Lang, Jr.; Eugene M. Weber; and Michael I. Wellesley-Wesley.

In addition, an amendment to Chyron's 1995 Long-Term Incentive Plan to include formula grant of stock options to non-employee directors was confirmed by a majority of 90% of the shares that were voted.

At the Board of Directors meeting following the Annual Meeting all current officers were re-elected.

In his address to the shareholders of the Company, Michael I. Wellesley-Wesley, Chyron's Chairman and Chief Executive Officer, stated, "The pace of change in the high technology, multimedia industries that Chyron serves in the closing years of the twentieth century is awesome. Chyron views change as being synonymous with profit opportunity and the opportunity to enhance shareholder value. By virtue of the long-term relationships that Chyron and Pro-Bel have established across the world with our customers, we have unique access to understanding the changes and challenges that affect their business. We translate that understanding into the development of new products utilizing the very best available technology. Chyron is poised to emerge as a major force in the supply of high technology, high value-added hardware and software systems.

"Demand for our products and systems is extremely robust. Our customers are global customers, and they expect global capabilities from their suppliers. That is why Chyron will continue to seek out appropriate acquisition opportunities, as well as manage internal growth that is substantially in excess of the industry averages, and in line with the growth experienced over the past six quarters. The right acquisitions will further strengthen our already strong customer relationships. They will broaden our product offerings to these customers; will shorten the development cycle of new products; and open up new markets such as the huge telecommunications marketplace that Chyron has in the past been unable to address."

Mr. Wellesley-Wesley concluded, "The greatest asset the Chyron Group has is the people who work in it, and it is the continuing challenge of Senior Management to create and maintain a working environment that is both rewarding and stimulating. I am extremely enthusiastic about the growth characteristics and profit opportunities available in the industry segment addressed by Chyron and Pro-Bel. I am also very confident in Chyron and Pro-Bel's ability to deliver the performance that we as investors are entitled to expect. We have, I believe, a clear perspective on where Chyron stands today within our industry, and we have a clear vision of where we wish to be tomorrow."

Chyron's Chief Financial Officer Patricia Arundell Lampe commented on the Company's consecutive quarterly increases in gross margin and net income during 1995, as well as the decrease in selling, general and administrative expenses as a percentage of revenues during this same period. Ms. Lampe also noted that Chyron's cash position improved from $2.7 million in the first quarter of 1995 to $8.8 million in the first quarter of 1996 and the Company's quick ratio improved from 2.16 to 3.36 during this same period.

Isaac Hersly, Chyron's President and Chief Operating Officer, noted that industry growth has continued into 1996, and companies such as Capital Cities/ABC and Westinghouse have been joined by Microsoft, AT&T and U.S. West, among others, in delivering both the conduit and content to an expanding global marketplace. Mr. Hersly also stated that as evidenced by the recent acquisition of Pro-Bel Limited and strategic investment in RT-SET, Chyron is committed to competing in the global marketplace.

Chyron Corporation designs, manufactures and serves worldwide markets for digital equipment, software, systems and solutions for graphics creation, signal routing and data management which facilitate television production and post-production processes. Chyron products are used to enhance creativity and add value to live and recorded televised "content" delivered to worldwide audiences via broadcast, cable, direct broadcast, tape, CD-ROMs and other multimedia and telecommunications display medium formats in use today and planned for the future.

CONTACT: Chyron Corporation

Michael Wellesley-Wesley, Chairman & CEO 

[phone]

Isaac Hersly, President & COO

[phone]

Judy Mauro, Director of Corporate Communications 

[phone]

or

CHYRON'S INVESTOR RELATIONS COUNSEL:

The Equity Group Inc.

Devin Sullivan, 212/836-9608

Robert Goldstein, 212/371-8660