FONAR NEWS-051507

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For Immediate Release	The Inventor of MR Scanning™
	An ISO 9001 Company
Contact: Daniel Culver	110 Marcus Drive
Director of Communications	Melville, NY 11747-4292
Web site: www.fonar.com	Phone: (631) 694-2929
Email: invest2007 @ fonar. com	Fax: (631) 390-1709

FONAR Corporation Reports It Has Received Notice From NASDAQ of FONAR's Compliance With All NASDAQ Listing Requirements and NASDAQ's Decision to Continue the Listing of FONAR Shares on the NASDAQ Stock Market;
FONAR’s Symbol Returns to (FONR) Today

MELVILLE, NEW YORK, May 15, 2007 - FONAR Corporation (NASDAQ-FONRD), The Inventor of MR Scanning™, announced today it has received notice from NASDAQ that its NASDAQ Listing Qualifications Panel had found it to be in full compliance with its listing requirements, including its share price, and the post-split price performance of FONAR shares. Consequently, the Panel has restored today FONAR’s trading symbol to (FONR) from (FONRD) following its recommended continued listing of the Company's securities on the NASDAQ Stock Market."
FONAR Chairman, Raymond Damadian, reported that "we are pleased to receive the news of FONAR's 'demonstrated compliance with all NASDAQ Marketplace Rules' and the resulting decision by NASDAQ for continued listing of FONAR on the NASDAQ Stock Market, especially in light of FONAR's exciting prospects going forward with the myriad of applications for FONAR's new UPRIGHT™ MR Imaging technology that seem to unfold almost daily."

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The Inventor of MR Scanning™, Full Range of Motion™, STAND-UP™, UPRIGHT™, Multi-Position™, pMRI™, True Flow™, Walk-In™ and The Proof is in the Picture™ are trademarks of FONAR Corporation.

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.
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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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