FONAR SELLS & INSTALLS FIRST
UPRIGHT MRI IN SWITZERLAND
- Marks 3rd Upright™ MRI in Europe -
MELVILLE,
NEW YORK, May 4, 2005 - FONAR Corporation (NASDAQ-FONR), The
MRI Specialist™, announced today the sale of the first
Upright™ MRI to a freestanding center in Zurich, Switzerland.
Emile
C. Sutcliffe, Ph.D., managing director of FMRI Zentrum AG said,
"We chose the FONAR Upright™ MRI because it is the
only MRI scanner in the world that allows patients to be scanned
in a multitude of weight-bearing positions, including standing,
sitting, flexion, extension, rotation, and lateral bending,
as well as the usual recumbent positions used in conventional
`lie-down' MRI scanning. Therefore, our patients can now be
scanned in the positions of their symptoms or pain, reducing
the number of inadequate treatments and ultimately helping to
reduce the overall cost of patient care."
Jean
Pierre J. Elsig, M.D., medical director of FMRI Zentrum AG said,
"In addition to its medical advantages, the FONAR Upright™
MRI is most appealing to patients. Patient claustrophobia in
an MRI is a big problem. The Upright™ MRI is the first
MRI that is truly Open, with nothing in front of the patient
except a 42" flat screen TV to allow the patient to pleasantly
enjoy the scan. We are delighted to be able to accommodate our
patients who need an MRI."
"The
Swiss are renowned leaders for acquiring new medical technology
and providing optimal care for their
citizens," said Raymond V. Damadian, president and founder
of FONAR Corporation. "The sale of this Upright™
MRI is an important, successful benchmark for our company because
it creates an opportunity for us
to market and demonstrate the machine to other physicians and
surgeons in Switzerland, as well as other central European countries.
Furthermore, this sale offers further proof that the FONAR Upright™
MRI is gaining acceptance worldwide."
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. The FONAR Upright™ MRI often sees the
patient's problem that other scanners cannot because they are
lie-down only. 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.
#
MRI Specialist, Stand-Up, Upright, Position,
pMRI and The Proof is in the Picture are trademarks of FONAR.
This release may include
forward-looking statements from the company that may or may not
materialize. Additional information on factors that could potentially
affect the company's financial results may be found in the company's
filings with the Securities and Exchange Commission.
###
FONAR Corporation
110 Marcus Drive
Melville, N.Y. 11747
Tel. 631-694-2929
Fax. 631-390-9540
Email sales@FONAR.com
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