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For Immediate Release
CHYRON CORPORATION TO RING NASDAQ CLOSING BELL
Melville, NY - September 5, 2008: Chyron (NASDAQ: CHYR), a leading provider of broadcast-quality digital graphics solutions for television stations and networks and for online, out of home, and mobile applications, today announced that the company's CEO, Michael Wellesley-Wesley, and CFO, Jerry Kieliszak, will preside over the closing bell ceremony on Friday, September 5, 2008 at the NASDAQ MarketSite in New York City to commemorate Chyron's listing on the NASDAQ stock market on September 3, 2008.
A live webcast of the closing ceremony will begin at 3:50 PM and can be viewed via The MarketSite Webcam by launching this link: http://www.nasdaq.com/about/marketsitetowervideo.asx.
"We are pleased to have been given this opportunity to take part in the Closing Bell Ceremony," Mr. Wellesley-Wesley commented. "Our listing on the NASDAQ Global market is a great achievement in a year that has seen many successes at Chyron. Ringing the closing bell gives us an opportunity to publicly thank our employees, customers and shareholders, and everyone else that has supported us and helped Chyron get to where it is today."
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About Chyron Chyron continues to define and dominate the world of digital and broadcast graphics with Web, Mobile, HD, 3D, and newsroom integration solutions. Winner of numerous awards, including two Emmys, Chyron has proven itself as the undisputed leader in the industry with sophisticated graphics offerings that include Online, Chyron's AXIS Graphics online content creation software, HD/SD switchable on-air graphics systems, clip servers, channel branding and telestration systems, graphics asset management and XMP integration solutions, the award-winning WAPSTR mobile phone newsgathering application as well as digital signage. For more information about Chyron products and services, please visit the company websites at www.chyron.com, www.chytv.com and www.axisgraphics.tv (NASDAQ: CHYR).
Special Note Regarding Forward-looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the many successes that Chyron has seen this year. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, product concentration in a mature market, dependence on the emerging digital market and the industry's transition to digital television ("DTV") and high definition television ("HDTV"), Chyron's ability to integrate its AXIS online graphics creation solution into its product offerings and to generate profits from AXIS, consumer acceptance of DTV and HDTV, resistance within the broadcast or cable industry to implement DTV and HDTV technology, rapid technological changes, continued growth, use and improvement of the Internet, new technologies that could render certain Chyron products to be obsolete, competitors with significantly greater financial resources, new product introductions by competitors, seasonality, ability to maintain adequate levels of working capital, Chyron's ability to successfully maintain the level of operating costs, expansion into new markets and other factors discussed under the heading "Risk Factors" contained in Item 1A in Chyron's Annual Report on Form 10-K for the year ended December 31, 2007, which has been filed with the Securities and Exchange Commission, as well as any updates to those risk factors files from time to time. All information in this press release is as of the date of the release, and Chyron undertakes no duty to update this information unless required by law.
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