Chyron Corporation Retains Lytham Partners for Investor Relations

MELVILLE, N.Y., Jan. 12, 2012 /PRNewswire/ -- Chyron Corporation (NASDAQ: CHYR), the leading provider of graphics as a service for on-air and digital video applications, announced today the retention of Lytham Partners, LLC to conduct a national investor relations program.

Michael Wellesley-Wesley, president and chief executive officer of Chyron, commented, "We move into 2012 with renewed confidence of improved operational and financial performance. We expect to benefit from expanded broadcast network investments to cover and televise the London Summer Olympics and the U.S. presidential election, as well as the continued roll-out of our Axis World Graphics platform in the European market, and our expectation of an increased contribution from our EMEA and Latin American operations as a result of sales force expansions made in those markets. We believe the time is right to undertake a more proactive initiative in expanding the visibility of Chyron within the national investment community."

"To that end," Mr. Wellesley-Wesley continued, "we have retained the services of Lytham Partners to chart a course and to execute a comprehensive strategy to expand our institutional shareholder base with the goal of enhancing shareholder value in the coming years as we continue to execute our strategic business plan. Lytham Partners has a demonstrated record of success in providing communications and advisory services that significantly enhance shareholder value based on clarity of messaging, transparency and timeliness in interfacing with investors, and integrity in advising management and board members. We look forward to a fruitful relationship."

Joseph Diaz, managing partner at Lytham Partners, commented, "Chyron is the industry leader in providing the broadcast networks, local television stations, and online media organizations worldwide the rich graphics technology that dramatically improve communications and viewer understanding. From local television and national news programs to sporting events and online media points, Chyron technology adds clarity, impact and enormous value to the broadcast offerings of all its customers. We are pleased to represent this iconic brand."

About Lytham Partners

Lytham Partners, LLC provides expertise and guidance to mid- and small-cap companies in the healthcare, technology, services, agricultural, industrial, aerospace and defense segments, as well as the consumer and capital goods industries. The firm is dedicated to generating substantive communications programs with an emphasis on developing management credibility via data, clear articulation of achievable strategic plans, and timely interaction with investors. For more information visit our website at www.lythampartners.com.

About Chyron

As the pioneer of graphics as a service for all digital video media, Chyron (NASDAQ: CHYR) 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 Emmy® Awards, Chyron has proved itself as the undisputed leader in the industry with advanced graphics offerings that include Chyron's Axis World Graphics online content creation software and order management system, on-air graphics systems, clip servers, channel branding, and graphics asset management solutions. More information about Chyron products and services is available on the company websites: www.chyron.com and www.axisgraphics.tv. The company's investor relations information is at www.chyron.com via the "Investors" link.

Safe Harbor Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to (i) our belief that  we will experience improved operational and financial performance in 2012,and (ii)  our belief that we will benefit from the London Summer Olympics and US presidential election, continued roll-out of AxisWorld Graphics in Europe, and improved results in EMEA and Latin America in 2012.  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: current and future economic conditions that may adversely affect our business and customers; our revenues and profitability may fluctuate from period to period and therefore may fail to meet expectations, which could have a material adverse effect on our business, financial condition and results of operations; our ability to maintain adequate levels of working capital; our ability to successfully maintain the level of operating costs; our ability to obtain financing for our future needs should there be a need; our ability to incentivize and retain our current senior management team and continue to attract and retain qualified scientific, technical and business personnel; our ability to expand our Axis online graphics creation solution or to develop other new products and services; our ability to generate sales and profits from our Axis online graphics services, workflow and asset management solutions; rapid technological changes and new technologies that could render certain of our products and services to be obsolete; competitors with significantly greater financial resources; new product and service introductions by competitors; expansion into new markets; and, other factors discussed under the heading "Risk Factors" contained in Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2010, which has been filed with the Securities and Exchange Commission, as well as any updates to those risk factors filed from time to time. All information in this press release is as of the date of the release, and we undertake no duty to update this information unless required by law.

SOURCE Chyron Corporation