Chyron's Duet and Liberty Make International Debut At IBC.

MELVILLE, N.Y.--(BUSINESS WIRE)--Sept. 22, 1998--Chyron Corporation (NYSE: CHY) announced today the international debut of three new products at the International Broadcasting Convention (IBC) in Amsterdam, The Netherlands.

In his remarks at the Convention, Edward Grebow, President & CEO of Chyron Corp., defined the features of Duet(TM), a revolutionary media processing platform for real-time video applications; Liberty(R) NT, the first Liberty product to run on Windows(R) NT; and Liberty 6.5, the latest release of the Liberty 32 and 64 Paint and Animation software.

With the ability to execute real-time graphic displays via the Windows NT interface, Duet can easily be configured for digital standard definition or high definition operation. Its unique expandability and open system framework allows integration of a variety of commercially available PC cards and software. Duet is able to process multiple video formats and be configured as a network peripheral or special purpose video graphics 2D/3D workstation, allowing for unprecedented flexibility.

Duet features the Chyron Abstraction Layer (CAL), a network Application Programming Interface that provides hardware independence and a high-level programming environment for development of third party applications to run on the Duet platform. The API allows a software developer to communicate with the Duet operating system via Windows NT, even from a remote location. Using CAL, custom software can be created to fit the needs of the broadcast facility or even a particular program.

Duet is designed to integrate with the newest state-of-the-art digital installations. The ability to custom configure the system and develop specialized software applications make it a continually evolving product that keeps pace with advancing technologies.

"Duet is perfectly suited to new work models developing within the broadcast community," said Roi Agneta, Executive Vice President, Strategic Planning, Chyron Corporation. "It exemplifies Chyron's vision to deliver the highest performance products for live video production environments."

Duet has already generated considerable interest in the U.S. broadcast industry. Chyron has received orders from high-level customers, including broadcast networks and major post production facilities. Deliveries of the first units will be made at the end of September. A number of the systems will be shipped with Lyric, a 2D/3D graphics composition, character generator and playback application.

Known for creating award winning CNN graphics, and special effects seen in such blockbusters as "Independence Day," "Men in Black," and "Batman and Robin," Liberty paint and animation software has been an indispensable creative tool in broadcast facilities and post production houses. Liberty NT makes Liberty's powerful features accessible to the vast numbers of Windows NT users, providing sophisticated graphics capability formerly available only on SGI workstations costing more than twice as much as PC's running Windows NT.

"Our new Liberty software brings the quality and features of a high-end paint system to the NT platform. Now customers will have a choice of NT or SGI(R) IRIX platforms for the industry's most comprehensive paint and animation system," stated Alec Shapiro, Senior Vice President, Sales and Marketing for the Americas.

Liberty 6.5, the latest version of Liberty software, adds advanced features to the sophisticated paint, image processing, color correction, morphing, motion tracking, rotoscoping, masking, effects and film compositing capabilities that have made Liberty one of the television and film industry's premier graphics tools. Liberty 6.5 is available for both the SGI and Windows NT platforms.

Serving the television industry for three decades, Chyron Corporation has established itself as a leading innovator in the development of television graphics and distribution systems, including products to meet the demands of digital and high definition television. Chyron provides a broad range of leading-edge hardware and software products, including paint and animation systems, character generators, signal distribution systems, master control switchers, and broadcast automation and media management packages. For more information about Chyron products and services, please visit the company website at www.chyron.com.

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The statements in this release may contain forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results to differ materially from the anticipated results or other expectations expressed in the Company's forward-looking statements. These risks and uncertainties are detailed in the Company's Annual Report on Form 10K for the year ended December 31, 1997, which are incorporated herewith by reference.