Registration No. 333-01861
  
  U.S. SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20349
                                                          
  Post Effective Amendment No. 1 to
  FORM S-8
  
  REGISTRATION STATEMENT
  under
  THE SECURITIES ACT OF 1933
                                                          
  
  CHYRON CORPORATION
  (Exact Name of Registrant as Specified in its Charter)
  
  New York                                     
  (State of Incorporation of Organization) 
  
  11-2117385
  (I.R.S. Employer Identification No.)
  
  
  5 Hub Drive
  Melville, New York                                                        
       (Address of Principal Executive Officer)                             
                             
  11747
  (Zip Code)
  
  
  CHYRON CORPORATION 1995 Long-Term Incentive Plan
  (Full title of the Plan)
  
  Edward Grebow
  President and
  Chief Executive Officer
  Chyron Corporation
  5 Hub Drive
  Melville, New York 11747     
  (Name and address of agent for service)
  
  (516) 845-2000              
  (Telephone Number, including area code, of agent for service)
  
  copy to:
  Robert S. Matlin, Esq.
  Douglas N. Bernstein, Esq.
  Camhy Karlinsky & Stein LLP
  1740 Broadway
  New York, New York 10019
  (212) 977-6600
  
  Approximate date of proposed commencement of sales pursuant to the Plan:
  From time to time after the effective date of this Registration Statement.
  
  
  CALCULATION OF REGISTRATION FEE
                                 
                                   Proposed   Proposed 
  Title of                         Maximum    Maximum
  Securities       Amount          Offering   Aggregate      Amount of
  to be            to be           Price per  Offering       Registration
  Registered       Registered (1)  Share (2)  Price (2)      Fee
  
  Common Stock     1,333,334       $5.125     $6,833,336.75  $2,070.71
  par value $.01
  per share
   
  (1)In addition, pursuant to Rule 416(c) under the Securities Act of 1933,
  this registration statement also covers an indeterminate amount of interests
  to be offered or sold to the employee benefit plan described herein.
  
  (2)Estimated solely for the purpose of calculating the registration fee and
  based (a)as to shares issuable upon the exercise of outstanding options
  under the plan, on the exercise price of such options, and (b) as to the
  balance of the shares reserved for issuance under the plan, on the average
  of the high and the low prices of the Company's Common Stock as reported by
  the New York Stock Exchange on November 13, 1997.
  
  
  PART II
  
  The contents of Chyron Corporation's (the "Registrant" or the "Company")
  earlier Registration Statement on Form S-8, File No. 333-01861, are
  incorporated herein by reference and made a part hereof.
  
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  
  Item 3. INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
  
  The Company states that the documents listed below, which are on file with
  the Securities and Exchange Commission, are incorporated herein by reference
  and made a part hereof:
   
  (a) the Company's Annual Report on Form 10-K for the fiscal year ended
  December 31, 1996;
  
  (b) the Company's Proxy Statement, dated March 31, 1997, relating to the
  Annual Meeting of Shareholders held on May 14, 1997;
  
  (c) the Company's Quarterly Report on Form 10-Q for the quarterly period
  ended March 31, 1997;
  
  (d) the Company's Quarterly Report on Form 10-Q for the quarterly period
  ended June 30, 1997; 
  
  (e) the Company's Quarterly Report on Form 10-Q for the quarterly period
  ended September 30, 1997; and
   
  (f) the Company's Form 8-A, filed on March 24, 1992, which contains a
  description of the class of common stock registered pursuant to the filing
  of this Registration Statement.
  
  All documents subsequently filed by the Registration pursuant to Sections
  13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as
  amended (the "Exchange Act"), prior to the filing of a post-effective
  amendment which indicates that all securities offered have been sold or
  which deregisters all securities then remaining unsold, shall be deemed to
  be incorporated by reference in this Registration Statement and to be a part
  hereof from the date of filing such documents.
  
  Any statement contained in a document incorporated or deemed to be
  incorporated by reference herein shall be deemed to be modified or
  superseded for purposes of this Registration Statement to the extent that
  a statement contained herein, or in any other subsequently filed document
  that also is deemed to be incorporated by reference herein, modifies or
  supersedes such statement.  Any statement so modified or superseded shall
  not be deemed, except as so modified or superseded, to constitute a part of
  this Registration Statement.
  
  Item 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL
  
  The validity of the Common Stock offered hereby and certain legal matters
  relating to the offering will be passed upon for the Company by Camhy
  Karlinsky & Stein LLP, New York, New York.  Certain Partners in the firm
  have an interest in the Company.  One holds currently exercisable options
  to purchase 6,666 shares of Common Stock of the Company, another owns 10,235
  shares of Common Stock and another partner holds currently exercisable
  options to purchase 6,666 shares of Common Stock and may be deemed to have
  beneficial ownership (although such beneficial ownership is disclaimed) of
  an additional 20,471 shares of Common Stock.
  
  Item 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
  
  The following is added to Item 6:
  
  The Company has entered into indemnity agreements with each of its directors
  and executive officers.  The indemnity agreements provide that directors and
  executive officers (the "Indemnitees") will be indemnified and held harmless
  to the fullest possible extent permitted by law including against all
  expenses (including attorneys' fees), judgements, fines, penalties and
  settlement amounts paid or incurred by them in any action, suit or
  proceeding on account of their services as director, officer, employee,
  agent  or fiduciary of the Company or as directors, officers, employees or
  agents of any other company or entity at the request of the Company.  The
  Company will not, however, be obligated pursuant to the agreements to
  indemnify or advance expenses to an indemnified party with respect to any
  action (1) in which a judgement adverse to the Indemnitee establishes (a)
  that the Indemnitee's acts were committed in bad faith or were the result
  of active and deliberate dishonesty and, in either case, were material, or
  (b) that the Indemnitee personally gained in fact a financial profit or
  other advantage to which he or she was not legally entitled, or (2) which
  the indemnitee initiated, prior to a change in control of the company,
  against the Company or any director or officer of the Company unless the
  Company consented to the initiation of such claim.
  
  The indemnity agreements require an Indemnitee to reimburse the Company for
  expenses advanced only to the extent that it is ultimately determined that
  the director or executive officer is not entitled, under Section 723(a) of
  the New York Business Corporation Laws and the indemnity agreement, to
  indemnification for such expenses.
  
  Item 8. EXHIBITS
  
  The following is a complete list of exhibits filed as a part of this
  Amendment to the Registration Statement:
  
  Exhibit No.    Document
  
  5.1            Opinion of Camhy Karlinsky & Stein LLP
                 regarding the legality of shares of Common
                 Stock being registered.
  
  23.1           Consent of Price Waterhouse LLP
  
  23.2           Consent of Ernst & Young LLP
  
  23.3           Consent of Camhy Karlinsky & Stein LLP
                 (included in Exhibit 5.1)
  
  
  SIGNATURES
  
  Pursuant to the requirements of the Securities Act of 1933, as amended, the
  Registrant certifies that it has reasonable grounds to believe that it meets
  all the requirements for filing on Form S-8 and has duly caused this Post
  Effective Amendment No. 1 to the Registration Statement to be signed on its
  behalf by the undersigned, thereunto duly authorized, in the County of
  Suffolk, State of New York on the 14th day of November 1997.
  
  
  CHYRON CORPORATION
  
  
  By:  /s/ Edward Grebow                   
           Edward Grebow
           President and 
       Chief Executive Officer
  
  
  By:  /s/ Patricia Arundell-Lampe     
           Patricia Arundell-Lampe
           Chief Financial Officer
           Chief Accounting Officer
           and Treasurer
  
  
  POWER OF ATTORNEY
  
  KNOWN ALL PERSONS BY THESE PRESENTS, that each person whose signature
  appears below constitutes and appoints Edward Grebow and Patricia Arundell-
  Lampe, separately, as his true and lawful attorney-in-fact and agent, with
  full power of substitution and resubstitution, for him and in his name,
  place and stead, in any and all capacities to sign any and all amendments,
  including post-effective amendments and related registration statements, to
  this Registration Statement, and to file same, with exhibits thereto and
  other documents in connection therewith, with the Securities and Exchange
  Commission, granting unto said attorneys-in-fact and agents full power and
  authority to do separately and perform each and every act and thing
  requisite and necessary to be down, as fully to all intents and purposes as
  he might or could so in person, hereby ratifying and confirming all that
  said attorneys-in-fact and agents, on their substitutes may lawfully do or
  cause to be done by virtue hereof.
  
  Pursuant to the requirement of the Securities Act of 1933, as amended, this
  Post Executive Amendment No. 1 to the Registration Statement has been signed
  by the following persons in the capacities and on the date indicated.  
  
  Signature                      Title                    Date
  
  /s/Edward Grebow                President and              November 17, 1997
     Edward Grebow               Chief Executive Officer
  
  /s/Patricia Arundell-Lampe      Chief Financial Officer    November 17, 1997
     Patricia Arundell-Lampe     Chief Accounting Officer    
                                 and Treasurer
  
  /s/Michael I. Wellesley-Wesley  Director                   November 17, 1997
     Michael I. Wellesley-Wesley
  
  /s/S. James Coppersmith         Director                   November 17, 1997
     S. James Coppersmith
  
  /s/Charles M. Diker             Director                   November 17, 1997
     Charles M. Diker
  
  /s/Donald P. Greenberg          Director                   November 17, 1997
     Donald P. Greenberg
  
  /s/Alan J. Hirschfield          Director                   November 17, 1997
     Alan J. Hirschfield
  
  /s/Isaac Hersly                 Director                   November 17, 1997
     Isaac Hersly
  
  /s/Wesley W. Lang               Director                   November 17, 1997
     Wesley W. Lang
  
  /s/Eugene M. Weber              Director                   November 17, 1997
     Eugene M. Weber
  
  
  INDEX TO EXHIBITS
  
  Exhibit                                              Sequentially
  Number    Description of Exhibits                    Numbered Pages
  
  5.1       Opinion of Camhy Karlinsky & Stein LLP     10
            regarding the legality of shares of
            Common Stock being registered
  
  23.1      Consent of Price Waterhouse LLP            11
  
  23.2      Consent of Ernst & Young LLP               12
  
  23.3      Consent of Camhy Karlinsky & Stein LLP     10
            (Included in Exhibit 5.1)
  
  November 1997
  
  
  Chyron Corporation
  5 Hub Drive
  Melville, New York 1147
  
  Gentlemen:
  
  You have requested our opinion in connection with the Post Effective
  Amendment No. 1 to a Registration Statement on Form S-8 (the "Registration
  Statement") to be filed by Chyron Corporation (the "Company") with the
  Securities and Exchange Commission pursuant to the Securities Act of 1933,
  as amended, for registration under said Act of an additional 1,333,334
  shares of common stock (the "Shares") in connection with the Company's 1995
  Long-Term Incentive Plan, as amended (the "Plan").
  
  As counsel for the Company, we have examined such records, documents and
  questions of laws as we have deemed appropriate for the purposes of this
  opinion and, on the basis thereof, advise you that in our opinion the Shares
  to be issued by the Company as a result of the exercise, if any, of the
  options under the Plan will be legally issued and outstanding and fully paid
  and non-assessable when issued upon prior exercise.
  
  We hereby consent to the filing of this opinion as an Exhibit to the
  Registration Statement.
  
  Very truly yours,
  
  
  
  Camhy Karlinsky & Stein LLP
        
  
  
  CONSENT OF INDEPENDENT AUDITORS
  
  We hereby consent to the incorporation by reference in this Registration
  Statement on Form S-8 of our report dated February 3, 1997 appearing on page
  21 of Chyron Corporation's Annual Report on Form 10-K for the year ended
  December 31, 1996.
  
  
  
  Price Waterhouse LLP
  November 14, 1997
  
  
  CONSENT OF INDEPENDENT AUDITORS
  
  We consent to the incorporation by reference in the Post Effective Amendment
  No. 1 to the Registration Statement (Form S-8 No. 33-01861) pertaining to
  the Chyron Corporation 1995 Long-Term Incentive Plan of our report dated
  February 17, 1995, with respect to the consolidated financial statements and
  schedule of Chyron Corporation for the year ended December 31, 1994 included
  in the Annual Report (Form 10-K) for the year ended December 31, 1996.
  
  
  
  Ernst & Young LLP
  
  Melville, New York
  November 14, 1997