Chyron Voluntarily Withdraws Appeal of the New York Stock Exchange and Moves to the OTC Bulletin Board.

Business/Technology Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--May 21, 2001

Chyron Corporation (NYSE: CHY), a leading provider of broadcast technology, today announced that it has voluntarily withdrawn its appeal of the New York Stock Exchange's (NYSE) decision to remove the Company from trading on the exchange. The Company will begin trading on the OTC Bulletin Board on May 25, 2001. A new trading symbol for Chyron's common stock will be announced prior to the commencement of trading. Chyron will continue to trade on the NYSE through May 24, 2001.

Roger Henderson, President and Chief Executive Officer of Chyron, stated, "Because of the considerable amount of resources it would cost us to appeal NYSE's decision, we believe it is in the best interest of our shareholders that we focus our efforts on executing our business plan and improving the operating performance of Chyron."

The OTC Bulletin Board (OTCBB) is a regulated quotation service that displays real-time quotes, last sales prices and volume information in over-the-counter (OTC) equity securities. Information about the OTCBB is available on the Internet at www.otcbb.com.

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 graphics platforms, paint and animation systems, character generators, signal distribution systems, master control switchers, broadcast automation and media management. For more information about Chyron products and services, please visit the company website at www.chyron.com.

All trademarks are held by their respective companies.

From time to time, including in this press release, the Company may publish forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, changes in the industry, new products, research and development activities and similar matters. The Private Securities Litigation 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. The risks and uncertainties that may affect the operations, performance, development and results of the Company's business include, without limitation, the following: product concentration in a mature market, dependence on the emerging digital market and the industry's transition to DTV and HDTV, consumer acceptance of DTV and HDTV, resistance within the broadcast or cable industry to implement DTV and HDTV technology, weakness in the market for digital media services, rapid technological changes, new technologies that could render certain Chyron products to be obsolete, a highly competitive environment, competitors with significantly greater financial resources, new product introductions by competitors, seasonality, fluctuations in quarterly operating results, ability to maintain adequate levels of working capital, the viability of the OTC Bulletin Board as a trading platform, expansion into new markets and the Company's ability to successfully implement its acquisition and strategic alliance strategy.