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Chyron Strengthens Executive Management Team; Appoints Dr. Anthony Armstrong as Vice President, Business Development.


Business & Technology Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 7, 2000

Chyron Corporation Chyron Corporation is a Melville, NY based company founded in 1966. The company develops and manufactures on screen graphics solutions for the broadcast industry.

In the United States the graphics (e.g.
 (NYSE NYSE

See: New York Stock Exchange
:CHY CHY Commission for Hydrology (WMO)
CHY Cherry-Burrel Corporation
), 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 Chyron may refer to:
  • Lower third, graphics that take up the lower area of the screen
  • Chyron Corporation, develops and manufactures on screen graphics solutions for the broadcast industry
See also
  • Chiron (disambiguation)
 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 Cambridge University, at Cambridge, England, one of the oldest English-language universities in the world. Originating in the early 12th cent. (legend places its origin even earlier than that of Oxford Univ.  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 See streaming audio, streaming video and digital media hub.  and interactive TV," said Roger Henderson, president and 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.  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 http://www.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 Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and its Quarterly Reports on Form 10-Q Form 10-Q

See 10-Q.
.

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Publication:Business Wire
Date:Aug 7, 2000
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