FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

RAYNE ROBERT A

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/14/2008 

3. Issuer Name and Ticker or Trading Symbol

CHYRON CORP [CGS]

(Last)        (First)        (Middle)

33 ROBERT ADAM STREET

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

LONDON ENGLAND, X0 W1G 3HR       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   (1) (3) 30382   D    
Common Stock   2658864   I   By LMS Capital plc   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(MM/DD/YYYY) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  This is an initial filing to report a new director to Chyron's Board.
( 2)  Represents 134,680 shares owned by Lion Investments Ltd. ("Lion"), 1,238,464 shares owned by LMS Tiger Investments Limited ("Tiger") and 1,285,720 shares owned by Westpool Investment Trust plc ("Westpool"). Lion, Tiger and Westpool are wholly-owned investment company subsidiaries of LMS Capital plc ("LMS"). Mr. Rayne, a Director of Chyron Corportion, is Chief Executive Officer, a Director and a principal shareholder of LMS and shares voting and investment control over these shares with two other executive directors of LMS. Mr. Rayne disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
( 3)  Exhibit List: 24 Power of Attorney - 99 Confirming Statement

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
RAYNE ROBERT A
33 ROBERT ADAM STREET
LONDON ENGLAND, X0 W1G 3HR 		X X


Signatures
/s/Jerry Kieliszak, attorney-in-fact 5/23/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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