FONAR to Announce Second Quarter FY 2005 Earnings on Wednesday, February 9;
Conference Call to be Held at 11:00 a.m. ET

          MELVILLE, NEW YORK, February 4, 2005 - FONAR Corporation (NASDAQ-FONR), The MRI Specialist™, will issue a press release announcing second quarter fiscal 2005 earnings results on Wednesday, February 9.
           Management will host a conference call with investors and analysts at 11:00 a.m. ET to discuss second quarter results and the Company's outlook. To access the live conference call, please dial +1-877-270-4109 at least 10 minutes prior to the call.
           A replay of the call will be available through February 16. To access the replay, please dial +1-800-642-1687 and enter access code 3881813. For the most current information regarding the conference call, please visit the FONAR web site at http://www.fonar.com/conference_calls.htm.

About FONAR

FONAR was incorporated in 1978, making it the first, oldest and most experienced MRI manufacturer in the industry. FONAR introduced the world's first commercial MRI in 1980, and went public in 1981. Since its inception, we have installed nearly 300 MRI scanners worldwide. FONAR's stellar product line includes the Upright™ MRI (also known as the Stand-Up™ MRI), the only whole-body MRI that performs Position™ imaging (pMRI™) and scans patients in numerous weight-bearing positions, i.e. standing, sitting, in flexion and extension, as well as the conventional lie-down position. With over 100,000 patients scanned, the patient-friendly Upright™ MRI has a near zero claustrophobic rejection rate by patients. As a FONAR customer states, "If the patient is claustrophobic in this scanner, they'll be claustrophobic in my parking lot." Approximately 85% of patients are scanned sitting while they watch a 42" flat screen TV. Our latest MRI scanner is the FONAR 360™, a room-size recumbent scanner that optimizes openness while facilitating physician access to the patient. FONAR is headquartered on Long Island, New York, and has approximately 500 employees.