CGS Chyron Corp.

Chyron (AMEX: CGS), a leading provider of digital video graphics solutions for On Air, Online, Out of Home and Mobile applications, today announced the election of Roger Ogden, Robert Rayne and Peter Frey to its Board of Directors at the Company's Annual Meeting of Stockholders. The Company's incumbent directors were also reelected at the Annual Meeting. Michael Wellesley-Wesley, Chyron President and CEO, commented, "The addition of Robert, Peter and Roger to the Chyron Board greatly enhances the Chyron team and our ability to formulate and execute long-term growth strategies to build shareholder value. They bring with them a vast array of industry experience and knowledge, and we look forward to benefiting from the insight and the experience each of them brings to the Board. Chyron has built a recognized, respected brand in the On Air Broadcast market. We look to leverage that success with our new web-based content creation solutions as we work to broaden our reach into new markets." Roger Ogden serves as a consultant for several broadcast-related companies. He was previously President and General Manager of KUSA Television in Denver, Colorado and held several positions at Gannett Television, a unit of Gannett Company, Inc., including President and CEO Gannett Broadcasting where he was responsible for 23 television stations owned by Gannett. Mr. Ogden has also recently been named to the Board of Directors of E.W. Scripps, effective July 1, 2008. Commenting on his election to the Chyron Board, Mr. Ogden said, "It's clear to me that the new Chyron is positioned for significant growth in the evolving digital media environment and I'm delighted to be a part of that opportunity." Robert Rayne is currently Chief Executive Officer and a director of the investment company, LMS Capital plc. Prior to LMS, he was employed by London Merchant Securities and served as its Chief Executive Officer from May 2001 to February 2007. Mr. Rayne is also the Non-Executive Chairman of Derwent London plc, a leading central London, U.K. real estate investment trust and is currently a member of the Board of Directors of Weatherford International Inc. "I am delighted to join the Board of Chyron," commented Mr. Rayne. "As a pioneer in broadcast digital technology Chyron has led the market for digital video graphics solutions in the past and I believe will continue to do so." Peter Frey is a private investor and a retired partner of TRG Management LP, an emerging markets asset management firm, where he was responsible for sales, marketing and product development from 2003 until he retired in 2007. Prior to 2003 he spent more than 17 years at JP Morgan, where he held a series of senior Sales and Marketing positions. In addition, Mr. Frey is the President of the Board of Trustees of Exit Art, a non-profit cultural organization in New York City and is a member of Vassar College's President's Advisory Council. Commenting on his election to the Board, Mr. Frey stated, "Chyron's development of web-based content creation services based on its AXIS platform opens the door to significant new opportunities in the online and mobile markets. It's going to be a rewarding experience helping to shape the next phase of Chyron's growth." The election of Messrs. Rayne, Frey and Ogden brings the total number of Chyron Directors to nine. About Chyron Chyron continues to define 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 a 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, graphic asset management and XMP integration solutions, and 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's websites at www.chyron.com, www.chytv.com and www.axisgraphics.tv (AMEX: CGS). Forward-looking Statement This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to Chyron's ability to formulate and execute long-term growth strategies to build shareholder value and to benefit from the insight and the experience of its new Board members, Chyron's plans to leverage its success with its new web-based content creation solutions as it works to broaden its reach into new markets, Chyron being positioned for significant growth in the evolving digital environment, the belief that Chyron will continue to lead the market for digital video graphics solutions, and the potential for Chyron's acquisition of AXIS to open the door to significant new opportunities in the online and mobile markets. These forward-looking statements are based on the Board's and 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 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"), 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, 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, 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 filed from time to time in its Quarterly Reports on Form 10-Q or Current Reports on Form 8-K. 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.