Chyron converts all outstanding series D convertible debentures

By Sheri Kasprzak

New York, Sept. 28 - Chyron Corp. said it has converted all of its outstanding 8% series D subordinated convertible debentures.

The company issued 4,098,303 common shares for the $2,663,898 in principal of the debentures, which were due Dec. 31, 2007.

The debentures were convertible at $0.65 each.

The conversion was completed after Chyron announced to the holders its plans to redeem all of the outstanding debentures by Oct. 9.

Based in Melville, N.Y., Chyron is a software company.

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