----

----

| [ x ]                                                                                                                        | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Actof 1934  |
|------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------|
|                                                                                                                         |
|             For the quarterly period ended June 30, 2010         |
|                                                                                                                         |
| [   ]                                                                                                         | Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Actof 1934 |
|                                                                                                                         |
|             For the transition period from _________to ________. |
|                                                                                                                         |
| Commission File Number 001-09014                                                                                             |
|  Chyron Corporation                                                                                                     |
| (Exact name of registrant as specified in its charter)                                                                       |

| New York                                                       |   | 11-2117385                                 |
|----------------------------------------------------------------|--------|--------------------------------------------|
| (State or other jurisdiction of incorporation or organization) |   | (I.R.S. Employer Identification No.)  |
| 5 Hub Drive, Melville, New York                                |   | 11747                                      |
| (Address of principal executive offices)                       |   | (Zip Code)                                 |
|  (631) 845-2000                                           |
| (Registrant's telephone number, including area code)           |

| Large accelerated filer [  ]                                            |   | Accelerated filer [  ] |
|----------------------------------------------------------------------------------------|--------|---------------------------------------|
| Non-accelerated filer [  ](do not check if a smaller reporting company) |   | Smaller reporting company [x]    |

----

| PART I   | FINANCIAL INFORMATION                                                           | Page   |
|----------|---------------------------------------------------------------------------------|--------|
|     |                                                                            |   |
| Item 1.  | Financial Statements                                                            |   |
|     |   Consolidated Balance Sheets as of June 30, 2010 (unaudited) and     |   |
|     |     December 31, 2009                                       | 3      |
|     |                                                                            |   |
|     |   Consolidated Statements of Operations for the Three Months ended    |   |
|     |     June 30, 2010 and 2009 (unaudited)                      | 4      |
|     |                                                                            |   |
|     |   Consolidated Statements of Operations for the Six Months ended |   |
|     |     June 30, 2010 and 2009 (unaudited)                      | 5      |
|     |                                                                            |   |
|     |   Consolidated Statements of Cash Flows  for the Six Months |   |
|     |     ended June 30, 2010 and 2009 (unaudited)                | 6      |
|     |                                                                            |   |
|     |   Notes to Consolidated Financial Statements (unaudited)              | 7      |
|     |                                                                            |   |
| Item 2.  | Management's Discussion and Analysis of Financial Condition                     |   |
|     |   and Results of Operations                                           | 14     |
|     |                                                                            |   |
| Item 3.  | Quantitative and Qualitative Disclosures About Market Risk                      | 20     |
|     |                                                                            |   |
| Item 4.  | Controls and Procedures                                                         | 20     |
|     |                                                                            |   |
| PART II  | OTHER INFORMATION                                                               |   |
|     |                                                                            |   |
| Item 1.  | Legal Proceedings                                                               | 21     |
|     |                                                                            |   |
| Item 1A. | Risk Factors                                                                    | 21     |
|     |                                                                            |   |
| Item 6.  | Exhibits                                                                        | 22     |

----

|                                                                                                                                                                                                                                                                                                         |   | Unaudited |    |   |         |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------|---------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                         |   | June 30,  |    |   | December 31, |   |
|                                                  Assets |   | 2010      |    |   | 2009         |   |
| Current assets:                                                                                                                                                                                                                                                                                              |   |      |    |   |         |   |
|   Cash and cash equivalents                                                                                                                                                                                                                                                                        |   | $         | 5,346   |   |         | $      | 5,238 |   |
|   Accounts receivable, net                                                                                                                                                                                                                                                                         |   |      | 3,476   |   |         |   | 3,477 |   |
|   Inventories, net                                                                                                                                                                                                                                                                                 |   |      | 2,618   |   |         |   | 2,515 |   |
|   Deferred taxes                                                                                                                                                                                                                                                                                   |   |      | 2,301   |   |         |   | 2,490 |   |
|   Prepaid expenses and other current assets                                                                                                                                                                                                                                                   |   |      | 1,211   |   |         |   | 943 |   |
|     Total current assets                                                                                                                                                                                                                                                                 |   |      | 14,952  |   |         |   | 14,663 |   |
|                                                                                                                                                                                                                                                                                                         |   |      |    |   |         |   |   |   |
| Property and equipment, net                                                                                                                                                                                                                                                                                  |   |      | 1,888   |   |         |   | 2,106 |   |
| Intangible assets, net                                                                                                                                                                                                                                                                                       |   |      | 824     |   |         |   | 885 |   |
| Goodwill                                                                                                                                                                                                                                                                                                     |   |      | 2,066   |   |         |   | 2,066 |   |
| Deferred taxes                                                                                                                                                                                                                                                                                               |   |      | 17,804  |   |         |   | 17,705 |   |
| Other assets                                                                                                                                                                                                                                                                                            |   |      | 132     |   |         |   | 148 |   |
| TOTAL ASSETS                                                                                                                                                                                                                                                                                                 |   | $         | 37,666  |   |         | $      | 37,573 |   |
|                                                                                                                                                                                                                                                                                                         |   |
| Liabilities and Shareholders' Equity                                                                                                                                                                                                                                                                         |   |
| Current liabilities:                                                                                                                                                                                                                                                                                         |   |      |    |   |         |   |   |   |
|   Accounts payable and accrued expenses                                                                                                                                                                                                                                                            |   | $         | 3,545   |   |         | $      | 3,059 |   |
|   Deferred revenue                                                                                                                                                                                                                                                                                 |   |      | 2,444   |   |         |   | 2,442 |   |
|   Current portion of term loan                                                                                                                                                                                                                                                                     |   |      | 326     |   |         |   | 326 |   |
|   Capital lease obligations                                                                                                                                                                                                                                                                        |   |      | 32      |   |         |   | 35 |   |
|     Total current liabilities                                                                                                                                                                                                                                                            |   |      | 6,347   |   |         |   | 5,862 |   |
|                                                                                                                                                                                                                                                                                                         |   |      |    |   |         |   |   |   |
| Pension liability                                                                                                                                                                                                                                                                                            |   |      | 2,587   |   |         |   | 2,327 |   |
| Deferred revenue                                                                                                                                                                                                                                                                                             |   |      | 680     |   |         |   | 634 |   |
| Term loan                                                                                                                                                                                                                                                                                                    |   |      | 299     |   |         |   | 461 |   |
| Other liabilities                                                                                                                                                                                                                                                                                            |   |      | 234     |   |         |   | 205 |   |
|     Total liabilities                                                                                                                                                                                                                                                                    |   |      | 10,147  |   |         |   | 9,489 |   |
|                                                                                                                                                                                                                                                                                                         |   |      |    |   |         |   |   |   |
| Commitments and contingencies                                                                                                                                                                                                                                                                                |   |      |    |   |         |   |   |   |
|                                                                                                                                                                                                                                                                                                         |   |      |    |   |         |   |   |   |
| Shareholders' equity:                                                                                                                                                                                                                                                                                        |   |      |    |   |         |   |   |   |
|   Preferred stock, par value $1.00, without designation                                                                                                                                                                                                                                            |   |      |    |   |         |   |   |   |
|    Authorized - 1,000,000 shares, Issued - none                                                                                                                                                                                                                                               |   |      |    |   |         |   |   |   |
|   Common stock, par value $.01                                                                                                                                                                                                                                                                     |   |      |    |   |         |   |   |   |
|    Authorized - 150,000,000 shares                                                                                                                                                                                                                                                            |   |      |    |   |         |   |   |   |
|     Issued and outstanding -  15,963,539 at June 30, 2010                                                                                                                                                                                                                      |   |      |    |   |         |   |   |   |
|        and 15,864,205 at December 31, 2009                                                                                                                                                                                                                                |   |      | 159     |   |         |   | 159 |   |
|   Additional paid-in capital                                                                                                                                                                                                                                                                       |   |      | 80,904  |   |         |   | 80,087 |   |
|   Accumulated deficit                                                                                                                                                                                                                                                                              |   |      | (52,826 | )      |         |   | (51,461 | ) |
|   Accumulated other comprehensive loss                                                                                                                                                                                                                                                             |   |      | (718    | )      |         |   | (701 | ) |
|      Total shareholders' equity                                                                                                                                                                                                                                                     |   |      | 27,519  |   |         |   | 28,084 |   |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY                                                                                                                                                                                                                                                                   |   | $         | 37,666  |   |         | $      | 37,573 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 2010   |   |   | 2009   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Product revenues                                                                                                                                                    |   | $      | 5,402  |   |   | $      | 4,594 |   |
| Service revenues                                                                                                                                                    |   |   | 1,534  |   |   |   | 1,187 |   |
| Total revenues                                                                                                                                                      |   |   | 6,936  |   |   |   | 5,781 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Cost of sales                                                                                                                                             |   |   | 2,115  |   |   |   | 1,803 |   |
| Gross profit                                                                                                                                              |   |   | 4,821  |   |   |   | 3,978 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Operating expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |
|    Selling, general and administrative                                                                                                     |   |   | 3,840  |   |   |   | 3,572 |   |
|    Research and development                                                                                                                |   |   | 1,664  |   |   |   | 1,840 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Total operating expenses                                                                                                                                  |   |   | 5,504  |   |   |   | 5,412 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Operating loss                                                                                                                                            |   |   | (683   | )      |   |   | (1,434 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Interest expense                                                                                                                                          |   |   | (14    | )      |   |   | (9 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Other (loss) income, net                                                                                                                                  |   |   | (62    | )      |   |   | 36 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Loss before taxes                                                                                                                                         |   |   | (759   | )      |   |   | (1,407 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Income tax benefit, net                                                                                                                                   |   |   | 48     |   |   |   | 321 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Net loss                                                                                                                                                  |   | $      | (711   | )      |   | $      | (1,086 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Net loss per share - basic and diluted                                                                                                                    |   | $      | (0.04  | )      |   | $      | (0.07 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
|   Basic                                                                                                                                         |   |   | 15,946 |   |   |   | 15,736 |   |
|   Diluted                                                                                                                                       |   |   | 15,946 |   |   |   | 15,736 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 2010   |   |   | 2009   |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |
| Product revenues                                                                                                                                    |   | $      | 10,762 |   |   | $      | 9,727 |   |
| Service revenues                                                                                                                                    |   |   | 3,046  |   |   |   | 2,324 |   |
| Total revenues                                                                                                                                      |   |   | 13,808 |   |   |   | 12,051 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Cost of sales                                                                                                                                       |   |   | 4,160  |   |   |   | 3,853 |   |
| Gross profit                                                                                                                                        |   |   | 9,648  |   |   |   | 8,198 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Operating expenses:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
|   Selling, general and administrative                                                                                                     |   |   | 7,466  |   |   |   | 7,026 |   |
|   Research and development                                                                                                                |   |   | 3,322  |   |   |   | 3,670 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Total operating expenses                                                                                                                            |   |   | 10,788 |   |   |   | 10,696 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Operating loss                                                                                                                                      |   |   | (1,140 | )      |   |   | (2,498 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Interest expense                                                                                                                                    |   |   | (31    | )      |   |   | (14 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Other (loss) income, net                                                                                                                            |   |   | (84    | )      |   |   | 1 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Loss before taxes                                                                                                                                   |   |   | (1,255 | )      |   |   | (2,511 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Income tax (expense) benefit, net                                                                                                                   |   |   | (110   | )      |   |   |  546 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Net loss                                                                                                                                            |   | $      | (1,365 | )      |   | $      | (1,965 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Net loss per share - basic and diluted                                                                                                              |   | $      | (0.09  | )      |   | $      | (0.13 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
|    Basic                                                                                                                             |   |   | 15,922 |   |   |   | 15,709 |   |
|    Diluted                                                                                                                           |   |   | 15,922 |   |   |   | 15,709 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 2010   |   |   | 2009   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| CASH FLOWS FROM OPERATING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |
| Net loss                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | $      | (1,365 | )      |   | $      | (1,965 | ) |
| Adjustments to reconcile net loss to net cash from                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| operating activities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |
|    Depreciation and amortization                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   | 519    |   |   |   | 461 |   |
|    Deferred income tax expense (benefit)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | 90     |   |   |   | (572 | ) |
|    Inventory provisions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   | 40     |   |   |   | 154 |   |
|    Share-based payment arrangements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   | 947    |   |   |   | 813 |   |
|    Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | 164    |   |   |   | 144 |   |
| Changes in operating assets and liabilities:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |
|    Accounts receivable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | 1      |   |   |   | (1,135 | ) |
|    Inventories                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   | (143   | )      |   |   | (4 | ) |
|    Prepaid expenses and other assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | (257   | )      |   |   | (119 | ) |
|    Accounts payable and accrued expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   | 229    |   |   |   | 467 |   |
|    Deferred revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   | 48     |   |   |   | 298 |   |
|    Other liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | 303    |   |   |   | 203 |   |
| Net cash provided by (used in)  operating activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   | 576    |   |   |   | (1,255 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| Acquisitions of property and equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   | (290   | )      |   |   | (1,093 | ) |
| Disposals of property and equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | 0      |   |   |   | 11 |   |
| Net cash used in investing activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | (290   | )      |   |   | (1,082 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| Proceeds from term loan                                                                                                                                 |   |   | 0      |   |   |   | 977 |   |
| Proceeds from exercise of stock options                                                                                                                 |   |   | 1      |   |   |   | 0 |   |
| Payments on capital lease obligations                                                                                                                   |   |   | (17    | )      |   |   | (30 | ) |
| Payments on term loan                                                                                                                                   |   |   | (162   | )      |   |   | (27 | ) |
| Net cash (used in) provided by financing activities                                                                                                     |   |   | (178   | )      |   |   | 920 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| Change in cash and cash equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | 108    |   |   |   | (1,417 | ) |
| Cash and cash equivalents at beginning of period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 5,238  |   |   |   | 5,322 |   |
| Cash and cash equivalents at end of period                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | $      | 5,346  |   |   | $      | 3,905 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |
| SUPPLEMENTAL CASH FLOW INFORMATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Interest paid                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | $      | 34     |   |   | $      | 8 |   |
| Stock issued for 401(k) match                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   | 125    |   |   |   | 125 |   |
| Assets acquired under capital lease                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | 0      |   |   |   | 104 |   |

----

----

|                                                         | Three Months     |                                  | Six Months     |
|--------------------------------------------------------------|------------------|---------------------------------------|----------------|
|                                                         | Ended June 30,   |                                  | Ended June 30, |
|                                                         | 2010   | 2009                        |           | 2010   | 2009   |
| Weighted average shares which are not included               |             |                                  |           |   |   |
|   in the calculation of diluted earnings (loss)    |             |                                  |           |   |   |
|   per share because their impact is anti-dilutive: |             |                                  |           |   |   |
|      Stock options                  | 3,310            | 3,416                                 |           | 3,314 | 3,208 |
|      Restricted stock units         | 983              |    -    |           | 645 | -    |

----

|                                    |   | Three Months   |   |   | Six Months     |   |
|-----------------------------------------|--------|----------------|--------|--------|----------------|--------|
|                                    |   | Ended June 30, |   |   | Ended June 30, |   |
|                                    |   | 2010           |   |   | 2009           |   |   | 2010 |   |   | 2009 |   |
| Expected volatility                     |   |           | 78.81  | %      |           |   | 92.53 | % |   |   | 79.05 | % |   |   | 92.54 | % |
| Risk-free interest rate                 |   |           | 2.42   | %      |           |   | 2.30 | % |   |   | 2.44 | % |   |   | 2.30 | % |
| Expected dividend yield                 |   |           | 0.00   | %      |           |   | 0.00 | % |   |   | 0.00 | % |   |   | 0.00 | % |
| Expected life (in years)                |   |           | 6.0    |   |           |   | 6.0 |   |   |   | 6.0 |   |   |   | 6.0 |   |
| Estimated fair value per option granted |   | $              | 1.32   |   |           | $      | 1.00 |   |   | $ | 1.34 |   |   | $ | 0.99 |   |

----

|                                |   | Three Months   |   |   | Six Months     |   |
|-------------------------------------|--------|----------------|--------|--------|----------------|--------|
|                                |   | Ended June 30, |   |   | Ended June 30, |   |
|                                |   | 2010           |   |   | 2009           |   |   | 2010 |   |   | 2009 |   |
| Cost of sales                       |   | $              | 41     |   |           | $      | 45 |   |   | $ | 80 |   |   | $ | 89 |   |
| Research and development            |   |           | 149    |   |           |   | 156 |   |   |   | 277 |   |   |   | 308 |   |
| Selling, general and administrative |   |           | 352    |   |           |   | 187 |   |   |   | 590 |   |   |   | 416 |   |
|                                |   | $              | 542    |   |           | $      | 388 |   |   | $ | 947 |   |   | $ | 813 |   |

|             |   | June 30, |   |   | December 31, |   |
|------------------|--------|----------|--------|--------|--------------|--------|
|             |   | 2010     |   |   | 2009         |   |
| Finished goods   |   | $        | 347    |   |         | $      | 492 |   |
| Work-in-progress |   |     | 201    |   |         |   | 308 |   |
| Raw material     |   |     | 2,070  |   |         |   | 1,715 |   |
|             |   | $        | 2,618  |   |         | $      | 2,515 |   |

----

|                               |   | Three Months   |   |   | Six Months     |   |
|------------------------------------|--------|----------------|--------|--------|----------------|--------|
|                               |   | Ended June 30, |   |   | Ended June 30, |   |
|                               |   | 2010      |   |   | 2009           |   |   | 2010  |   |   | 2009 |   |
| Service cost                       |   | $              | 101    |   |           | $      | 103 |   |   | $ | 202 |   |   | $ | 206 |   |
| Interest cost                      |   |           | 82     |   |           |   | 75 |   |   |   | 164 |   |   |   | 150 |   |
| Expected return on plan assets     |   |           | (64    | )      |           |   | (71 | ) |   |   | (128 | ) |   |   | (142 | ) |
| Actuarial loss                     |   |           | 16     |   |           |   | - |   |   |   | 32 |   |   |   | - |   |
| Amortization of prior service cost |   |           | (6     | )      |           |   | (6 | ) |   |   | (12 | ) |   |   | (12 | ) |
|                               |   | $              | 129    |   |           | $      | 101 |   |   | $ | 258 |   |   | $ | 202 |   |

----

|                            |   | Three Months   |   |   | Six Months     |   |
|---------------------------------|--------|----------------|--------|--------|----------------|--------|
|                            |   | Ended June 30, |   |   | Ended June 30, |   |
|                            |   | 2010           |   |   | 2009           |   |   | 2010 |   |   | 2009 |   |
| Balance at beginning of period  |   | $              | 50     |   |           | $      | 82 |   |   | $ | 50 |   |   | $ | 50 |   |
| Provisions (credits)            |   |           | 0      |   |           |   | (29 | ) |   |   | 4 |   |   |   | 45 |   |
| Warranty services provided, net |   |           | 0      |   |           |   | (3 | ) |   |   | (4 | ) |   |   | (45 | ) |
|                            |   | $              | 50     |   |           | $      |  50 |   |   | $ | 50 |   |   | $ | 50 |   |

|              |   | Foreign     |   |   |    |   |   | Accumulated   |   |
|-------------------|--------|-------------|--------|--------|---------|--------|--------|---------------|--------|
|              |   | Currency    |   |   | Pension |   |   | Other         |   |
|              |   | Translation |   |   | Benefit |   |   | Comprehensive |   |
|              |   | Adjustments |   |   | Costs   |   |   | Loss          |   |
| January 1, 2010   |   | $           | (13    | )      |    | $      | (688   | )             |   | $ | (701 | ) |
| Change for period |   |        | (13    | )      |    |   | -      |          |   |   | (13 | ) |
| March 31, 2010    |   |        | (26    | )      |    |   | (688   | )             |   |   | (714 | ) |
| Change for period |   |        | (4     | )      |    |   | -      |          |   |   | (4 | ) |
| June 30, 2010     |   | $           | (30    | )      |    | $      | (688   | )             |   | $ | (718 | ) |

|                                               |   | June 30, |   |   | December 31, |   |
|----------------------------------------------------|--------|----------|--------|--------|--------------|--------|
|                                               |   | 2010     |   |   | 2009         |   |
| Deferred tax assets:                               |   |     |   |   |         |   |
|    Net operating loss carryforwards |   | $        | 17,391 |   |         | $      | 17,366 |   |
|    Temporary differences            |   |     | 3,467  |   |         |   | 3,582 |   |
|                                               |   |     | 20,858 |   |         |   | 20,948 |   |
|    Deferred tax valuation allowance |   |     | 753    |   |         |   | 753 |   |
|                                               |   | $        | 20,105 |   |         | $      | 20,195 |   |

----

|                                |   | Three Months   |   |   | Six Months     |   |
|-------------------------------------|--------|----------------|--------|--------|----------------|--------|
|                                |   | Ended June 30, |   |   | Ended June 30, |   |
|                                |   | 2010           |   |   | 2009           |   |   | 2010 |   |   | 2009 |   |
| Current:                            |   |           |   |   |           |   |   |   |   |   |   |   |
|    State and foreign |   | $              | (5     | )      |           | $      | (16 | ) |   | $ | (20 | ) |   | $ | (26 | ) |
|                                |   |           |   |   |           |   |   |   |   |   |   |   |   |   |   |   |
| Deferred:                           |   |           |   |   |           |   |   |   |   |   |   |   |   |   |   |   |
|    State             |   |           | 2      |   |           |   | 15 |   |   |   | (4 | ) |   |   | 25 |   |
|    Federal           |   |           | 51     |   |           |   | 322 |   |   |   | (86 | ) |   |   | 547 |   |
|                                |   |           | 53     |   |           |   | 337 |   |   |   | (90 | ) |   |   | 572 |   |
| Income tax benefit (expense)        |   | $              | 48     |   |           | $      | 321 |   |   | $ | (110 | ) |   | $ | 546 |   |

----

|          |   | Three Months   |   |   | Six Months     |   |
|---------------|--------|----------------|--------|--------|----------------|--------|
|          |   | Ended June 30, |   |   | Ended June 30, |   |
|          |   | 2010           |   |   | 2009           |   |   | 2010 |   |   | 2009 |   |
| United States |   | $              | 4,548  |   |           | $      | 4,521 |   |   | $ | 10,368 |   |   | $ | 9,427 |   |
| Europe        |   |           | 1,782  |   |           |   | 586 |   |   |   | 2,216 |   |   |   | 1,739 |   |
| Rest of world |   |           | 606    |   |           |   | 674 |   |   |   | 1,224 |   |   |   | 885 |   |
|          |   |           |   |   |           |   |   |   |   |   |   |   |   |   |   |   |

----

|     |   | Three Months   |   |   | Six Months     |   |
|----------|--------|----------------|--------|--------|----------------|--------|
|     |   | Ended June 30, |   |   | Ended June 30, |   |
|     |   |           |   |   | % of           |   |   |   |   |   | % of |   |   |   |   |   | % of |   |   |   |   |   | % of |   |
|     |   | 2010           |   |   | Total          |   |   | 2009 |   |   | Total |   |   | 2010 |   |   | Total |   |   | 2009 |   |   | Total |   |
| Product  |   | $              | 5,402  |   |           |   | 78 | % |   | $ | 4,594 |   |   |   | 79 | % |   | $ | 10,762 |   |   |   | 78 | % |   | $ | 9,727 |   |   |   | 81 | % |
| Services |   |           | 1,534  |   |           |   | 22 | % |   |   | 1,187 |   |   |   | 21 | % |   |   | 3,046 |   |   |   | 22 | % |   |   | 2,324 |   |   |   | 19 | % |
|     |   | $              | 6,936  |   |           |   |   |   |   | $ | 5,781 |   |   |   |   |   |   | $ | 13,808 |   |   |   |   |   |   | $ | 12,051 |   |   |   |   |   |

----

----

|                                     |   | Three Months   |   |   | Six Months     |   |
|------------------------------------------|--------|----------------|--------|--------|----------------|--------|
|                                     |   | Ended June 30, |   |   | Ended June 30, |   |
|                                     |   | 2010           |   |   | 2009           |   |   | 2010 |   |   | 2009 |   |
| Foreign exchange transaction gain (loss) |   | $              | (17    | )      |           | $      | 36 |   |   | $ | (43 | ) |   | $ | (4 | ) |
| Other                                    |   |           | (45    | )      |           |   | 0 |   |   |   | (41 | ) |   |   | 5 |   |
|                                     |   | $              | (62    | )      |           | $      | 36 |   |   | $ | (84 | ) |   | $ | 1 |   |

----

----

----

----

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| Exhibit No. | Description of Exhibit                                                                                                                                                                                                                                                                                                          |
|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.1        | First Amendment to Change-in-Control Agreement by and between Chyron Corporation and Michael Wellesley-Wesley, dated June 11, 2010 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on June 14, 2010 (File No. 001-09014) and incorporated herein by reference.)           |
|        |                                                                                                                                                                                                                                                                                                                                 |
| 10.2        | Amendment to Change-in-Control Agreement by and between Chyron Corporation and Jerry Kieliszak, dated June 11, 2010 (previously filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed with the Commission on June 14, 2010 (File No. 001-09014) and incorporated herein by reference.)                          |
|        |                                                                                                                                                                                                                                                                                                                                 |
| 10.3        | Change-in-Control Agreement by and between Chyron Corporation and Kevin Prince, dated June 11, 2010 (previously filed as Exhibit 10.3 to the Registrant's Current Report on Form 8-K filed with the Commission on June 14, 2010 (File No. 001-09014) and incorporated herein by reference.)                                          |
|        |                                                                                                                                                                                                                                                                                                                                 |
| 10.4        | First Amendment to Employment Agreement by and between Chyron Corporation and Michael Wellesley-Wesley, dated June 11, 2010 (previously filed as Exhibit 10.4 to the Registrant's Current Report on Form 8-K filed with the Commission on June 14, 2010 (File No. 001-09014) and incorporated herein by reference.)                  |
|        |                                                                                                                                                                                                                                                                                                                                 |
| 10.5        | Amended and Restated Employment Agreement by and between Chyron Corporation and Michael Wellesley-Wesley, effective as of September 1, 2010 (previously filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed with the Commission on August 9, 2010 (File No. 001-09014) and incorporated herein by reference.) |
|        |                                                                                                                                                                                                                                                                                                                                 |
| 10.6        | Chyron Corporation 2008 Long-Term Incentive Plan approved on May 14, 2008 and amended on May 19, 2010 (previously filed as Exhibit 99.1 to the Registrant's Current Report on Form 8-K filed with the Commission on May 25, 2010 (File No. 001-09014) and incorporated herein by reference.)                                         |
|        |                                                                                                                                                                                                                                                                                                                                 |

----

| 10.7*           | Form of restricted Stock Unit Agreement for 2008 Long-Term Incentive Plan.                                                                                                                               |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|            |                                                                                                                                                                                                     |
| 31.1*           | Certification of Principal Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.       |
|            |                                                                                                                                                                                                     |
| 31.2*           | Certification of Principal Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.       |
|            |                                                                                                                                                                                                     |
| 32.1*           | Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.    |
| *filed herewith |

|            |   | CHYRON CORPORATION                                                              |
|-----------------|--------|---------------------------------------------------------------------------------|
|            |   | (Registrant)                                                                    |
|            |   |                                                                            |
| August 10, 2010 |   | /s/ Michael Wellesley-Wesley                                                    |
| (Date)          |   |      Michael Wellesley-Wesley                          |
|            |   |      President and Chief Executive Officer             |
|            |   |                                                                            |
|            |   |                                                                            |
| August 10, 2010 |   | /s/ Jerry Kieliszak                                                             |
| (Date)          |   |      Jerry Kieliszak                                   |
|            |   |      Senior Vice President and Chief Financial Officer |

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----