Chyron Corporation announces developments from 1996 International Broadcasters Conference and opening of new sales office in the United Kingdom.MELVILLE, N.Y.--(BUSINESS WIRE)--Sept. 24, 1996--Chyron Corporation (NYSE NYSE See: New York Stock Exchange :CHY CHY Commission for Hydrology (WMO) CHY Cherry-Burrel Corporation ) today announced that Chyron, Pro-Bel and RT-SET introduced, showcased and/or demonstrated several new products at the 1996 International Broadcasters Conference ("IBC IBC International Building Code IBC Iraq Body Count IBC Institutional Biosafety Committee IBC Inflammatory Breast Cancer IBC International Business Company IBC Independence Blue Cross IBC Insurance Bureau of Canada IBC International Broadcasting Convention `96"), Europe's largest broadcasting event, held September 12th-16th, 1996 in Amsterdam, The Netherlands. The Company also announced that it has opened a sales and technical support office in Wantage, Oxfordshire in the United Kingdom, supervised by product specialist Peter Jarrett. Michael Wellesley-Wesley, Chyron's Chairman and Chief Executive Officer, stated, "European industry response to products from Chyron, Pro-Bel and RT-SET was overwhelmingly positive and validates our belief that there exists an increasing appetite from a global clientele for innovative ways to enhance and deliver video content. Regarding our new sales office, this new facility, in conjunction with Chyron's offices in Hong Kong and Miami, will significantly strengthen our international sales and support structure and will allow us to better serve the international market." A summary of the Company's announcements follows. CHYRON CORPORATION Chyron announced: -- That Videoland, the sole distributor for international networks such as CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. , TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. , The Cartoon Network, The Discovery Channel and MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. in Taiwan, is the first cable and satellite program distributor to use Chyron's Chinese version iNFiNiT! Message Compose software. This new software allows users to type in Chinese directly from the keyboard and also provides multiple input methods for additional Asian languages. This upgrade allows Chyron's iNFiNiT! and MAX> to be used for the first time by customers in Beijing, Hong Kong, Singapore and Taiwan. Chyron introduced: -- The WiNFiNiT! graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to for Chyron's industry-standard iNFiNiT! family of graphics systems, thus beginning the Company's migration towards a Microsoft Windows NT(R)-based operating system. WiNFiNiT! provides a Windows NT front end for Chyron's iNFiNiT! family of character generators. Chyron showcased: -- Two new options for MAXINE!, its single channel graphics system - an optional preview channel, and Transform Lite; -- New software upgrades for its LIBERTY PAINT 64 and LIBERTY Version 5.5, including support of Silicon Graphics Indigo2 IMPACT(TM) workstation and enhanced connectivity with Chyron's iNFiNiT! family and IMAGESTOR(TM) real-time still store management system; -- IMAGESTOR! Still Store Management System with easy file interchangability with PC, Macintosh, and Silicon Graphics(R) computers and networking between Chyron Graphics and Liberty systems. Chyron demonstrated: -- iNFiNiT! FREEDOM, a digital production and design solution for on-air playback which combines Chyron Graphics Systems, animation, paint, still store, file management, digital disk recorder and networking products; -- Significant upgrades to iNFiNiT! and MAX > Graphics Systems, including the addition of Asian language support; Transform 11 - the real time animation engine for iNFiNit! and MAX>; and digital disk recorder control; -- New software interfaces with its iNFiNiT! Family, CODI CODI Cornucopia Of Disability Information CODI Committee on Development Information CODI Customers of Dynix, Inc. (user group) CODI Consortium Omscholing Docenten Informatica (The Netherlands) and PC-CODI Graphics Systems which were developed by two companies, 3RDI RDI - Receiver Data Interface , Inc. and Interactive Sports TV, for the broadcast of on-air sports statistics; -- CMX CMX Corel Presentation Exchange (file extension) CMX Cisco Mobile Exchange CMX Cloaca Maxima (sewage system of ancient Rome; Finnish rock band) CMX Crisis Management Exercise OMNI OMNI Omnidirectional OMNI Organising Medical Networked Information OMNI Opportunities for Micronutrient Interventions Project OMNI Operating Missions as a Node on the Internet (NASA networking project) Version 14.0 Software which enables random access editing with VTR's and digital disk recorders. PRO-BEL LIMITED Pro-Bel Limited is a United Kingdom-based manufacturer and distributor of video signal switching equipment and systems which was acquired by Chyron in April 1996. Pro-Bel introduced: -- Advanced XD Series digital routers, which offer total control compatibility with current Pro-Bel routers, and TM32 Series multi-format routers which extend the TM24 series of multi-format routers by expanding 32x16 and 32 x 32 matrices; -- The Sextant sextant, instrument for measuring the altitude of the sun or another celestial body; such measurements can then be used to determine the observer's geographical position or for other navigational, surveying, or astronomical applications. Automation System which provides a cost-effective, multi-channel automation system designed to address the requirements of the medium-sized broadcast operation; -- MAST, a new software package for the Company's System 3 router controller providing multi-stage tieline control and connectivity for environments where many routers need to be connected transparently; -- New software modules for the Company's widely installed MAPP MAPP Motivational Appraisal of Personal Potential MAPP Mid-Continent Area Power Pool MAPP Mobilizing for Action through Planning and Partnerships (Palm Beach County Health Department) MAPP Model Approach to Partnerships in Parenting media mapping system. This package is based on open SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. database software and integrated with popular station automation systems to track station assets across the complete range of available equipment; -- Accent Logo Generator & Inserter, which stores up to ten individual single layer logos or one full- screen image with the ability to key it over a background source; -- Accent Keyer/Mixer, which combines a downstream keyer or AB mixer functions in a single unit. Pro-Bel also announced that its new MAPP cacheing feature, a recent enhancement to Pro-Bel Software's MAPP media management system, has been installed at NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. SuperChannel in London. The Company also noted that MAPP media management software has been successfully installed at HTV HTV H-II Transfer Vehicle HTV Harlech Television (Wales, UK) HTV Hrvatska Televizija (Croatian television) HTV Heidenheimer Tarifverbund (German) HTV Habitual Traffic Violator , Danmarks Radio, Swedish Television, and TV3 Ljubliana. RT-SET RT-SET develops, markets and sells real-time virtual studio set software and proprietary communications hardware that operate on Silicon Graphics(R) systems. Chyron acquired an 19% interest in RT-SET in February 1996. RT-SET announced: -- New features for its Larus(TM) and Otus(TM) products. The Larus system enables real-time integration of live talent with 3D virtual sets during live-to-air shooting. New features include the ability to manipulate the on-screen appearance of live talent with various effects in the real-time graphics world. The Otus system enables users to integrate live talent with 3D virtual sets for live-to-tape shooting. Otus now includes the ability for post-production within any off-the-shelf modeling program; -- That it has received an official purchase order from SZM SZM Sattelzugmaschinen (German: Semi-trailer truck) SZM Structure Zone Model Sendezentrum Muenchen for three licenses of the Larus(TM) Virtual Studio System. Terms were not disclosed. SZM Sendezentrum Muenchen, located in Germany, is one of the largest TV production, post-production and network switching facilities in the world, and acts as a production center for four television stations: Pro7, a general interest and entertainment station; DSF, an all-sports channel; Home Order Television, Germany's first 24 hour teleshopping channel; and Kabel 1 which runs both movies and entertainment. During its live demonstration at IBC '96, RT-SET used sets prepared for the CBS Television Network CBS Television Network Major U.S. broadcasting company and network. It began in 1928 as the Columbia Broadcasting System, a small radio network directed by William S. Paley. Series, "Secrets of the Cryptkeeper's Haunted House Secrets of the Cryptkeeper’s Haunted House is a Saturday-morning game show that ran on CBS. It premiered on September 14, 1996 and lasted until August 1997. It featured the Cryptkeeper of Tales from the Crypt (with John Kassir as the voice) now serving as an announcer. ." The series is produced by the Goldwyn Entertainment Company in association with Keller Productions, the Wohl Company and Tales From the Crypt Productions. All forward looking information are estimates by the Company's management and are subject to various risks and uncertainties that may influence the Company's development efforts, products and technologies and other risks as detailed from time to time in the Company's SEC reports and filings. 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. All trademarks are held by their respective companies. CONTACT: Chyron Corporation Michael Wellesley-Wesley, Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. (516) 845-2005 Isaac Hersly, President & COO (516) 845-2013 Judy Mauro, Director of Corporate Communications (516) 845-2015 or CHYRON'S INVESTOR RELATIONS COUNSEL: The Equity Group Inc. Devin Sullivan (212) 836-9608 Robert Goldstein (212) 371-8660 |
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